A Step-by-Step-Guide on how to buy NEM (XEM) in Saint Pierre And Miquelon
Step 1 – Join Coinbase and recieve 10$ for free In the beginning you'll need to buy one of the top-tier currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below for registration and receive your first 10$.
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your Bitcoin or Ethereum will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. NEM (XEM) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to) Make sure you have chosen the right coin you want to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, et cetera. If you're working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our guide).
Step 3 – Find (XEM) NEM Once your deposit has been verified, you'll now have access to your assets and you can launch buying and trading. To buy (XEM) NEM on Binance, you will want to go to the “Exchange” tab and after that click on “Basic”. In order to discover NEM (XEM), you'll need to put the shortname of the coin (XEM) into the search-box, which is marked in the graphic. Make sure you have choosen the correct grouping, we've marked this too. Click on “XEM/BTC” to continue.
Step 4 – Purchasing NEM (XEM) As soon as you've located (XEM) NEM, you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). And now we are going to make our own Limit Order. The field with the “Price” tag will be filled with the most recent price NEM (XEM) was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the volumen of XEM you wish to buy. The “Total” field is the aggregated price in Bitcoin that you'll settle for the complete amount of XEM. If you are satisfied, click on “Buy XEM”. Your plan will be filled when a Vendor trades their XEM for the price you submitted.
Step 5 – Withdraw NEM (XEM) Unless you are trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an longer time period. In order to take off your (XEM) NEM, go to the tab called “Funds” and mouse click on “Withdraw”. NEM (XEM) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (XEM) NEM by using the given drop-down box. Enter the quantity of (XEM) NEM you'd like to take off. Take into account the displayed minimus/fees. Also make sure you have entered your right withdraw address. If you are happy, click on “Submit”. You could be asked for verfication via email/phone before a withdrawal.