How to Buy NEM (XEM) in Lithuania

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

Step 1 – Signup to Coinbase and recieve 10$ for free

You'll first need to purchase one of the bigger coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for alternative Coins. Follow the Link below to register and getting your welcome $10.

Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. NEM (XEM) is accessible on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Follow these easy steps)

Make sure you have chosen the precise coin you want to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so forth. If you're using a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).

Step 3 – Locate (XEM) NEM

As soon as your deposit has been affirmed, you'll now have access to your assets and you can launch purchasing and trading. To buy (XEM) NEM on Binance, you will want to hover over the tab which is calledExchangeand click onBasic”.

In order to find (XEM) NEM, you'll need to put the cointype (XEM) into the search box, which is highlighted in the graphic. Make sure you have choosen the proper pairing, we've marked this too. Click onXEM/BTCto go on.

Step 4 – Buy (XEM) NEM

After you've located NEM (XEM), you'll be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). For now we are going to make our own Limit Order.

ThePricefield will be filled automatically with the recent valuation NEM (XEM) was sold for. You can change this to your preferred rate. TheAmountfield is the volumen of XEM you wish to purchase. TheTotalfield is the whole price in BTC that you'll settle for the whole quantity of XEM.

If you are happy, make a mouse click onBuy XEM”. Your order will be filled when a Vendor sells their XEM for the price you introduced.

Step 5 – Withdraw NEM (XEM)

Unless you're trading, never keep your crypto coins on an Exchange for an longer time frame. To withdraw your (XEM) NEM, go to the tab calledFundsand mouse click onWithdraw”. NEM (XEM) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate NEM (XEM) by using the given drop-down box. Drop in the amount of NEM (XEM) you would like to withdraw. Take into account the shown minimus/fees. Also make sure you have entered your right withdraw address.

If you're glad, make a mouse click onSubmit”. You could be requested for verfication via phone/email before a withdrawal.

Congrats! You've successfully purchased and stored (XEM) NEM in Lithuania.

That's it!

Withdrawals from 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 NEM (XEM) is stored in your wallet, you're done.