A Step-by-Step-Guide on how to buy NEM (XEM) in West Bank
Step 1 – Signup to Coinbase and get 10$ for free You will first need to purchase one of the top-tier coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for Altcoins. Click the button below for registration and to get your welcome 10$.
Step 2 – Send Your Bitcoin or Ethereum to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. NEM (XEM) is accessible on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this how-to) Make sure you've selected the exact coin you want to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Locate (XEM) NEM As soon as your deposit has been verified, you will instantly have access to your funds and you can begin purchasing and trading. To purchase (XEM) NEM on Binance, you'll want to hover over the “Exchange” tab and then mouse click on “Basic”. In order to find NEM (XEM), you'll need to put the short name of the asset (XEM) into the search box, which is highlighted in the graphic. Be certain of having choosen the proper pairing, we've marked this also. Click on “XEM/BTC” to go on.
Step 4 – Buy (XEM) NEM As soon as you've spotted NEM (XEM), you'll be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). Next we're going to make our Limit Order. The field with the “Price” tag will be automatically filled with the up-to-date valuation (XEM) NEM was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the amount of XEM you want to purchase. The “Total” field is the aggregated price in Bitcoin that you will pay for the whole amount of XEM. When you are satisfied, make a mouse click on “Buy XEM”. Your plan will be filled as soon as a Vender trades their XEM for the price you introduced.
Step 5 – Withdraw NEM (XEM) Unless you're regularly trading, best advise is not to keep crypto coins on an Crypto Trader for an extensive time frame. In order to take off your (XEM) NEM, 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 NEM (XEM) by using the provided drop-down box. Drop in the quantity of (XEM) NEM you'd wish to take off. Don't forget the displayed fees/minimums. Also make sure you have entered your right withdraw address. When you are glad, click “Submit”. You could be requested for email/phone verification ahead of a withdrawal.