How to Buy NEM (XEM) in Madagascar

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

Step 1 – Join Coinbase and get 10$ for free

You will first need to purchase one of the top-tier coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below to register and getting your first 10 Dollar.

Step 2 – Transfer Your Funds to an Cryptocurrency Exchange

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

Make sure you have selected the right coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. If you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our how-to).

Step 3 – Locate NEM (XEM)

Once your deposit has been confirmed, you will now have access to your assets and you can start invest and trading. To purchase (XEM) NEM on Binance, you will want to hover over the tab which is calledExchangeand click onBasic”.

In order to find NEM (XEM), you will need to insert the cointype (XEM) into the search box, which is marked in the image. Make sure you have selected the right grouping, we have highlighted this too. Click onXEM/BTCto progress.

Step 4 – Purchasing NEM (XEM)

As soon as you've located NEM (XEM), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). And now we're going to make our Limit Order.

The field with thePricetag will be automatically filled with the latest tariff (XEM) NEM was traded for. This can be changed to your favoured price. The field with theAmounttag is the amount of XEM you wish to purchase. The field with theTotaltag is the total price in Bitcoin that you'll pay for the complete quantity of XEM.

When you're glad, make a mouse click onBuy XEM”. Your order will be filled as soon as a Vendor sells their XEM for the price you gave.

Step 5 – Withdraw NEM (XEM)

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

Find (XEM) NEM by using the given drop-down box. Drop in the volumen of (XEM) NEM you'd like to withdraw. Don't forget the presented minimus/fees. Also make sure you have filled your correct withdraw address.

When you are happy, click onSubmit”. You may be asked for verfication via email/phone ahead of a take off.

Congrats! You have successfully purchased and stored NEM (XEM) in Madagascar.

That's it!

Take offs from Crypto Trader can take between 1 – 30 minutes (rely on network usage). Once you've proved your withdrawal with Ethplorer.io or Etherscan.io and the NEM (XEM) is stored in your wallet, you're done.