A Step-by-Step-Guide on how to buy NEM (XEM) in El Salvador
Step 1 – Join Coinbase and recieve 10$ for free You'll first need to purchase units of the bigger coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for alternative Coins. Click the button below for registration and getting your first 10 Dollar.
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. NEM (XEM) is available on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow these easy steps) Make sure you have selected the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etc. If you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Locate (XEM) NEM Once your deposit has been approved, you will directly have access to your funds and you can launch buying and trading. To invest in (XEM) NEM on Binance, you will want to go to the “Exchange” tab and mouse click on “Basic”. To discover (XEM) NEM, you'll need to put the short name of the asset (XEM) into the search-box, which is highlighted in the picture. Make sure you have choosen the right pairing, we have marked this also. Click on “XEM/BTC” to go on.
Step 4 – Buy (XEM) NEM Once you have discovered (XEM) NEM, you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). Next we are making our own Limit Order. The field with the “Price” tag will be automatically filled with the up-to-date rate (XEM) NEM was sold for. You can change this to your favoured rate. The “Amount” field is the quantity of XEM you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the complete volumen of XEM. If you are happy, click on “Buy XEM”. Your plan will be filled as soon as a Vendor sells their XEM for the price you offered.
Step 5 – Withdraw (XEM) NEM Unless you are trading, best advise is not to keep coins on an Crypto Exchange for an extended period of time. In order to withdraw your NEM (XEM), hover over the tab called “Funds” and click on “Withdraw”. NEM (XEM) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate NEM (XEM) by using the provided drop-down box. Put into the volumen of NEM (XEM) you would like to take off. Don't forget the shown minimus/fees. Also make sure you have filled your right withdraw address. If you're glad, click “Submit”. You may be requested for verfication via email/phone before a take off.