A Step-by-Step-Guide on how to buy NEM (XEM) in Saint Lucia
Step 1 – Signup to Coinbase and get 10$ for free In the beginning you'll need to purchase units of the top-tier currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click below for registration and receive your first 10 Dollar.
Step 2 – Transfer Your Funds to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. NEM (XEM) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual) Make sure you have chosen the precise coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. If you are using a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Locate (XEM) NEM Once your deposit has been confirmed, you will instantly have access to your assets and you can begin purchasing and trading. To invest in (XEM) NEM on Binance, you'll want to hover over the “Exchange” tab and click on “Basic”. In order to spot NEM (XEM), you'll need to put the cointype (XEM) into the search box, which is marked in the image. Be certain of having selected the proper grouping, we've marked this too. Click on “XEM/BTC” to proceed.
Step 4 – Purchasing (XEM) NEM After you've discovered NEM (XEM), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). Next we're going to make our own Limit Order. The “Price” field will be filled automatically with the latest valuation (XEM) NEM was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the volumen of XEM you wish to buy. The “Total” field is the whole price in Bitcoin that you will settle for the complete volumen of XEM. When you are satisfied, click on “Buy XEM”. Your order will be filled as soon as a Seller sells their XEM for the price you submitted.
Step 5 – Withdraw NEM (XEM) Unless you are frequently trading, best advise is not to keep crypto coins on an Crypto Trader for an longer time frame. In order to withdraw your (XEM) NEM, go to the “Funds” tab and mouse click on “Withdraw”. NEM (XEM) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XEM) NEM by using the provided drop-down box. Drop in the quantity of (XEM) NEM you would wish to take off. Don't forget the presented minimus/fees. Also make sure you have filled your correct withdraw address. If you are glad, make a mouse click on “Submit”. You may be requested for verfication via email/phone ahead of a withdrawal.