How to Buy NEM (XEM) in Cuba

A Step-by-Step-Guide on how to buy NEM (XEM) in Cuba

Step 1 – Signup to CoinbaseGet Free $10

You'll first need to purchase units of the bigger coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click below for registration and getting your welcome 10 Dollar.

Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange

Your Ethereum (ETH) or Bitcoin (BTC) 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're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow these easy steps)

Make sure you've chosen the precise coin you would like to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our how-to).

Step 3 – Locate NEM (XEM)

As soon as your deposit has been confirmed, you'll now have access to your funds and you can initiate invest and trading. To buy NEM (XEM) on Binance, you will want to hover over theExchangetab and after that mouse click onBasic”.

To spot (XEM) NEM, you'll need to put the cointype (XEM) into the search box, which is marked in the image. Make sure you have selected the right pairing, we've marked this too. Click onXEM/BTCto go ahead.

Step 4 – Buy NEM (XEM)

Once you've discovered (XEM) NEM, you will be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the picture). For now we're creating our own Limit Order.

ThePricefield will be automatically filled with the most latest price (XEM) NEM was sold for. You can change this to your favoured rate. TheAmountfield is the quantity of XEM you want to purchase. TheTotalfield is the whole price in Bitcoin that you will pay for the complete quantity of XEM.

When you are glad, make a mouse click onBuy XEM”. Your order will be filled when a Vender trades their XEM for the price you introduced.

Step 5 – Withdraw (XEM) NEM

Unless you're regularly trading, best advise is not to keep your crypto on an Crypto Exchange for an extensive time frame. In order to take off your (XEM) NEM, hover over the tab calledFundsand click onWithdraw”. NEM (XEM) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate NEM (XEM) by using the given drop-down box. Drop in the amount of NEM (XEM) you would wish to withdraw. Don't forget the displayed fees/minimums. Also make sure you have entered your correct withdraw address.

When you're glad, click onSubmit”. You may be asked for phone/email verification before a take off.

Kudos! You have successfully bought and stored (XEM) NEM in Cuba.

That's it!

Withdrawals from Cryptocurrency Exchange can take between 1 – 30 minutes (depending on network usage). As soon as you have proved your take off using Ethplorer.io or Etherscan.io and the (XEM) NEM is stored inside your wallet, you're done.