How to Buy NEM (XEM) in Portugal

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

Step 1 – Signup to CoinbaseGet Free $10

You will first need to buy units of the major currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below to register and receive your first $10.

Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader

Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. NEM (XEM) is accessible on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Just follow these easy steps)

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

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, et cetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Locate (XEM) NEM

As soon as your deposit has been verified, you'll now have access to your finances and you can initiate invest and trading. To purchase (XEM) NEM on Binance, you'll want to hover over the tab which is calledExchangeand then mouse click onBasic”.

To discover (XEM) NEM, you will need to insert the cointype (XEM) into the search-box, which is marked in the picture. Make sure you have selected the right grouping, we have marked this also. Click onXEM/BTCto proceed.

Step 4 – Acquisition of (XEM) NEM

As soon as you've found (XEM) NEM, you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). For now we're creating our own Limit Order.

ThePricefield will be filled with the most recent tariff NEM (XEM) was sold for. You can change this to your preferred rate. TheAmountfield is the quantity of XEM you want to buy. TheTotalfield is the total price in Bitcoin that you'll pay for the whole quantity of XEM.

When you are glad, click onBuy XEM”. Your order will be filled as soon as a Vender trades their XEM for the price you offered.

Step 5 – Withdraw NEM (XEM)

Unless you are regularly trading, best advise is not to keep crypto on an Exchange for an extended time period. To withdraw your NEM (XEM), hover over theFundstab and click onWithdraw”. NEM (XEM) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find NEM (XEM) by using the provided drop-down box. Drop in the amount of NEM (XEM) you'd wish to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have filled your right withdraw address.

If you are satisfied, make a mouse click onSubmit”. You may be asked for email/phone verification ahead of a take off.

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

That's it!

Withdrawals from Cryptocurrency Exchange can durate between 1 – 30 minutes (rely on usage of the network). As soon as you have confirmed your withdrawal with Etherscan.io or Ethplorer.io and the (XEM) NEM is stored inside your wallet, you are all done.