How to Buy NEM (XEM) in Malaysia

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

Step 1 – Join Coinbase and recieve 10$ for free

You will first need to buy one of the major currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below to register and to get your first $10.

Step 2 – Send Your Bitcoin or Ethereum to an Crypto Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. NEM (XEM) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide)

Make sure you have chosen the exact coin you would like to deposit.

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

Step 3 – Locate (XEM) NEM

As soon as your deposit has been confirmed, you'll immediately have access to your finances and you can initiate buying and trading. To invest in (XEM) NEM on Binance, you'll want to go to theExchangetab and after that click onBasic”.

To locate NEM (XEM), you'll need to insert the cointype (XEM) into the search box, which is marked in the graphic. Be certain of having choosen the correct pairing, we have highlighted this also. Click onXEM/BTCto go ahead.

Step 4 – Acquisition of NEM (XEM)

Once you have discovered NEM (XEM), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). Next we are creating our Limit Order.

The field with thePricetag will be filled automatically with the latest tariff NEM (XEM) was traded for. You can change this to your desired price. TheAmountfield is the quantity of XEM you like to purchase. The field with theTotaltag is the aggregated price in Bitcoin that you'll settle for the complete amount of XEM.

If you are satisfied, make a mouse click onBuy XEM”. Your order will be filled as soon as a Seller sells their XEM for the price you gave.

Step 5 – Withdraw NEM (XEM)

Unless you're regularly trading, never keep your coins on an Cryptocurrency Exchange for an longer time period. In order to take off your NEM (XEM), go to theFundstab and click onWithdraw”. (XEM) NEM can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find NEM (XEM) by using the given drop-down box. Put into the amount of (XEM) NEM you would like to take off. Don't forget the displayed fees/minimums. Also make sure you have entered your precise withdraw address.

When you are satisfied, clickSubmit”. You could be asked for email/phone verification ahead of a withdrawal.

Congrats! You've successfully bought and stored NEM (XEM) in Malaysia.

That's it!

Withdrawals from Cryptocurrency Exchange can take between 1 – 30 minutes (rely on network usage). Once you've confirmed your take off using Ethplorer.io or Etherscan.io and the (XEM) NEM is safe inside your wallet, you are finished.