A Step-by-Step-Guide on how to buy NEM (XEM) in Aruba
Step 1 – Join Coinbase and recieve 10$ for free You'll first need to purchase units of the major coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click the button below for registration and getting your first 10$.
Step 2 – Transmit Your Funds to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. NEM (XEM) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Follow this guide) Make sure you have chosen the exact coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our manual).
Step 3 – Find (XEM) NEM Once your deposit has been verified, you'll instantly have access to your funds and you can initiate invest and trading. To invest in NEM (XEM) on Binance, you'll want to hover over the “Exchange” tab and after that mouse click on “Basic”. In order to find (XEM) NEM, you will need to put the short name of the asset (XEM) into the search box, which is highlighted in the graphic. Make sure you have choosen the proper grouping, we've marked this also. Click on “XEM/BTC” to progress.
Step 4 – Acquisition of (XEM) NEM Once you've spotted (XEM) NEM, you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). And now we're going to create our own Limit Order. The field with the “Price” tag will be filled with the up-to-date rate NEM (XEM) was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the quantity of XEM you like to purchase. The “Total” field is the aggregated price in BTC that you'll pay for the complete quantity of XEM. When you're glad, click on “Buy XEM”. Your order will be filled when a Vender sells their XEM for the price you offered.
Step 5 – Withdraw (XEM) NEM Unless you are frequently trading, best advise is not to keep coins on an Exchange for an extended time frame. In order to take off your NEM (XEM), go to the tab called “Funds” and click on “Withdraw”. NEM (XEM) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (XEM) NEM by using the given drop-down box. Enter the quantity of (XEM) NEM you would wish to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your correct withdraw address. When you're glad, make a mouse click on “Submit”. You may be asked for verfication via email/phone before a take off.