A Step-by-Step-Guide on how to buy NEM (XEM) in Benin
Step 1 – Join Coinbase and recieve 10$ for free You'll first need to buy units of the top-tier currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click the button below for registration and receive your welcome 10$.
Step 2 – Send Your Ethereum or Bitcoin to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. NEM (XEM) is available on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow these easy steps) Make sure you have chosen the precise coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etcetera. If you're using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Find (XEM) NEM Once your deposit has been affirmed, you will now have access to your finances and you can initiate purchasing and trading. To purchase NEM (XEM) on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. In order to spot NEM (XEM), you'll need to put the short name of the asset (XEM) into the search box, which is highlighted in the picture. Be certain of having choosen the proper pairing, we have highlighted this also. Click on “XEM/BTC” to progress.
Step 4 – Purchasing NEM (XEM) Once you've spotted NEM (XEM), you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). For now we're making our Limit Order. The “Price” field will be automatically filled with the recent tariff NEM (XEM) was sold for. This can be changed to your desired price. The “Amount” field is the quantity of XEM you wish to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the complete 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 offered.
Step 5 – Withdraw (XEM) NEM Unless you are frequently trading, best advise is not to keep your crypto on an Exchange for an extensive time period. In order to take off your NEM (XEM), go to the tab called “Funds” and click on “Withdraw”. NEM (XEM) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find NEM (XEM) by using the provided drop-down box. Put into the quantity of (XEM) NEM you would like to take off. Take into account the shown minimus/fees. Also make sure you have filled your correct withdraw address. When you are glad, make a mouse click on “Submit”. You may be asked for verfication via email/phone before a take off.