How to Buy NEM (XEM) in Turks And Caicos Islands

A Step-by-Step-Guide on how to buy NEM (XEM) in Turks And Caicos Islands

Step 1 – Join Coinbase and get 10$ for free

You will first need to purchase one of the bigger coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click the button below to register and getting your first 10$.

Step 2 – Transmit Your Ethereum or Bitcoin to an Cryptocurrency Exchange

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. NEM (XEM) is obtainable on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this manual)

Make sure you've chosen the correct coin you wish to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow these easy steps).

Step 3 – Find (XEM) NEM

As soon as your deposit has been verified, you'll instantly have access to your assets and you can begin purchasing and trading. To invest in (XEM) NEM on Binance, you will want to hover over the “Exchange” tab and mouse click on “Basic”.

To locate NEM (XEM), you will need to insert the short name of the asset (XEM) into the search box, which is marked in the graphic. Make sure you have selected the correct grouping, we have marked this also. Click on “XEM/BTC” to advance.

Step 4 – Acquisition of (XEM) NEM

After you have found (XEM) NEM, you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). And now we're going to make our own Limit Order.

The field with the “Price” tag will be filled automatically with the up-to-date valuation (XEM) NEM was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the amount of XEM you wish to purchase. The field with the “Total” tag is the total price in BTC that you'll pay for the whole amount of XEM.

If you are satisfied, click on “Buy XEM”. Your plan will be filled when a Vender sells their XEM for the price you gave.

Step 5 – Withdraw NEM (XEM)

Unless you're frequently trading, never keep your coins on an Crypto Exchange for an longer time frame. In order to withdraw your NEM (XEM), go to the tab called “Funds” and mouse click on “Withdraw”. NEM (XEM) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find (XEM) NEM by using the provided drop-down box. Drop in the volumen of (XEM) NEM you would wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address.

When you're happy, click “Submit”. You could be requested for verfication via phone/email before a take off.

Kudos! You have successfully purchased and safed NEM (XEM) in Turks And Caicos Islands.

That's it!

Take offs from Crypto Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). Once you have confirmed your withdrawal with Ethplorer.io or Etherscan.io and the (XEM) NEM is safe in your wallet, you are done.