A Step-by-Step-Guide on how to buy NEM (XEM) in Lebanon
Step 1 – Join Coinbase and get 10$ for free In the beginning you'll need to buy units of the major coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below for registration and getting your first 10 Dollar.
Step 2 – Transmit Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. NEM (XEM) is available on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this how-to) Make sure you've selected the precise coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Locate NEM (XEM) Once your deposit has been verified, you will immediately have access to your assets and you can initiate buying and trading. To invest in (XEM) NEM on Binance, you'll want to hover over the “Exchange” tab and then mouse click on “Basic”. In order to locate (XEM) NEM, you will need to insert the cointype (XEM) into the search-box, which is marked in the image. Be certain of having selected the proper grouping, we have highlighted this also. Click on “XEM/BTC” to go ahead.
Step 4 – Acquisition of (XEM) NEM As soon as you have discovered (XEM) NEM, you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the image). Next we are making our own Limit Order. The “Price” field will be automatically filled with the up-to-date tariff (XEM) NEM was sold for. This can be changed to your preferred rate. The “Amount” field is the amount of XEM you like to purchase. The “Total” field is the whole price in BTC that you'll pay for the complete quantity of XEM. When you're satisfied, make a mouse click on “Buy XEM”. Your plan will be filled when a Seller trades their XEM for the price you gave.
Step 5 – Withdraw NEM (XEM) Unless you are frequently trading, you should never keepyour coins on an Cryptocurrency Exchange for an extended time period. To withdraw your (XEM) NEM, hover over the tab called “Funds” and mouse click on “Withdraw”. (XEM) NEM can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find NEM (XEM) by using the given drop-down box. Enter the volumen of NEM (XEM) you would like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your precise withdraw address. When you're glad, make a mouse click on “Submit”. You could be asked for verfication via phone/email before a take off.