A Step-by-Step-Guide on how to buy NEM (XEM) in Paraguay
Step 1 – Join Coinbase and get 10$ for free In the beginning you'll need to purchase one of the bigger coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for alternative Coins. Click the button below for registration and to get your first $10.
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Trader Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. NEM (XEM) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow these easy steps) Make sure you've chosen the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow these easy steps).
Step 3 – Locate NEM (XEM) As soon as your deposit has been verified, you'll now have access to your funds and you can launch buying and trading. To buy (XEM) NEM on Binance, you will want to hover over the “Exchange” tab and after that mouse click on “Basic”. In order to find (XEM) NEM, you'll need to insert the short name of the asset (XEM) into the search-box, which is marked in the picture. Be certain of having selected the right grouping, we've highlighted this too. Click on “XEM/BTC” to continue.
Step 4 – Acquisition of (XEM) NEM Once you've found NEM (XEM), you'll be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). For now we're going to make our Limit Order. The field with the “Price” tag will be filled automatically with the most recent valuation (XEM) NEM was traded for. This can be changed to your desired price. The field with the “Amount” tag is the quantity of XEM you wish to purchase. The “Total” field is the aggregated price in BTC that you'll pay for the complete amount of XEM. If you are happy, click on “Buy XEM”. Your plan will be filled as soon as a Seller trades their XEM for the price you introduced.
Step 5 – Withdraw NEM (XEM) Unless you are regularly trading, best advise is not to keep crypto coins on an Exchange for an extensive time frame. To take off your NEM (XEM), hover over the “Funds” tab and click on “Withdraw”. (XEM) NEM can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find NEM (XEM) by using the provided drop-down box. Put into the amount of NEM (XEM) you'd like to take off. Don't forget the displayed minimus/fees. Also make sure you have entered your right withdraw address. When you are satisfied, make a mouse click on “Submit”. You could be asked for phone/email verification before a withdrawal.