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 called “Exchange” and click on “Basic”. 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 on “XEM/BTC” to 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. The “Price” field will be filled automatically with the recent valuation NEM (XEM) was sold for. You can change this to your preferred rate. The “Amount” field is the volumen of XEM you wish to purchase. The “Total” field is the whole price in BTC that you'll settle for the whole quantity of XEM. If you are happy, make a mouse click on “Buy 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 called “Funds” and mouse click on “Withdraw”. 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 on “Submit”. You could be requested for verfication via phone/email before a withdrawal.