A Step-by-Step-Guide on how to buy NEM (XEM) in Trinidad And Tobago
Step 1 – Signup to Coinbase – Get Free $10 In the beginning you'll need to purchase one of the bigger coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below for registration and to get your welcome $10.
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. NEM (XEM) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this manual) Make sure you've chosen the correct coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. If you're using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Find (XEM) NEM As soon as your deposit has been affirmed, you'll instantly have access to your finances and you can launch purchasing and trading. To buy (XEM) NEM on Binance, you'll want to hover over the tab which is called “Exchange” and click on “Basic”. To locate NEM (XEM), you will need to put the cointype (XEM) into the search box, which is highlighted in the image. Be certain of having choosen the right pairing, we've highlighted this also. Click on “XEM/BTC” to advance.
Step 4 – Acquisition of NEM (XEM) Once you have located NEM (XEM), you'll be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). Next we are going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the up-to-date price NEM (XEM) was sold for. You can change this to your favoured price. The “Amount” field is the amount of XEM you wish to buy. The “Total” field is the total price in Bitcoin that you will settle for the whole amount of XEM. If you are satisfied, click on “Buy XEM”. Your order will be filled when a Vender trades their XEM for the price you gave.
Step 5 – Withdraw (XEM) NEM Unless you are frequently trading, never keep your crypto coins on an Crypto Trader for an longer time period. To take off your NEM (XEM), hover over the tab called “Funds” and click on “Withdraw”. (XEM) NEM can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XEM) NEM by using the provided drop-down box. Put into the quantity of (XEM) NEM you would wish to take off. Don't forget the shown minimus/fees. Also make sure you have filled your precise withdraw address. When you are happy, click “Submit”. You may be requested for verfication via phone/email before a withdrawal.