A Step-by-Step-Guide on how to buy NEM (XEM) in Belgium
Step 1 – Join Coinbase and get 10$ for free You'll first need to buy units of the major coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Follow the Link below to register and to get your welcome 10 Dollar.
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. NEM (XEM) is accessible on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide) Make sure you have selected the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so on. In the case you're using a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Find (XEM) NEM Once your deposit has been confirmed, you'll now have access to your finances and you can initiate invest and trading. To purchase (XEM) NEM on Binance, you will want to go to the tab which is called “Exchange” and click on “Basic”. To find (XEM) NEM, you'll need to put the short name of the asset (XEM) into the search-box, which is highlighted in the image. Be certain of having selected the correct pairing, we have marked this too. Click on “XEM/BTC” to continue.
Step 4 – Purchasing NEM (XEM) As soon as you have located NEM (XEM), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). Next we're going to make our own Limit Order. The field with the “Price” tag will be filled automatically with the recent price (XEM) NEM was sold for. This can be changed to your favoured rate. The “Amount” field is the volumen of XEM you wish to purchase. The “Total” field is the total price in BTC that you'll settle for the complete volumen of XEM. When you are satisfied, make a mouse click on “Buy XEM”. Your order will be filled when a Seller sells their XEM for the price you submitted.
Step 5 – Withdraw NEM (XEM) Unless you're frequently trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an extended time frame. In order to withdraw your NEM (XEM), hover over the “Funds” tab and mouse click on “Withdraw”. (XEM) NEM can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XEM) NEM by using the provided drop-down box. Enter the amount of (XEM) NEM you'd wish to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your right withdraw address. When you're satisfied, click “Submit”. You may be requested for verfication via phone/email before a withdrawal.