A Step-by-Step-Guide on how to buy NEM (XEM) in Niger
Step 1 – Signup to Coinbase and recieve 10$ for free You will first need to purchase units of the major coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below for registration and getting your welcome 10 Dollar.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. NEM (XEM) is obtainable on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow these easy steps) Make sure you've chosen the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. If you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our how-to).
Step 3 – Find NEM (XEM) Once your deposit has been verified, you'll now have access to your funds and you can begin purchasing and trading. To purchase (XEM) NEM on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”. In order to find NEM (XEM), you'll need to insert the short name of the asset (XEM) into the search box, which is highlighted in the picture. Make sure you have choosen the proper pairing, we've highlighted this also. Click on “XEM/BTC” to go on.
Step 4 – Purchasing (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 some Order Books (on the Left of the image). Next we are creating our own Limit Order. The “Price” field will be filled automatically with the most latest rate NEM (XEM) was traded for. You can change this to your preferred price. The field with the “Amount” tag is the volumen of XEM you want to purchase. The field with the “Total” tag is the aggregated price in BTC that you will pay for the complete volumen of XEM. When you are satisfied, click on “Buy XEM”. Your plan will be filled as soon as a Vender trades their XEM for the price you submitted.
Step 5 – Withdraw NEM (XEM) Unless you're regularly trading, never keep your coins on an Crypto Exchange for an longer time period. To take off your (XEM) NEM, go to the tab called “Funds” and click on “Withdraw”. NEM (XEM) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate NEM (XEM) by using the given drop-down box. Enter the volumen of NEM (XEM) you'd like to withdraw. Take into account the presented minimus/fees. Also make sure you have filled your right withdraw address. If you are glad, click on “Submit”. You could be requested for phone/email verification ahead of a withdrawal.