A Step-by-Step-Guide on how to buy NEM (XEM) in Samoa
Step 1 – Signup to Coinbase and recieve 10$ for free You will first need to purchase one of the top-tier coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below to register and receive your first $10.
Step 2 – Send Your Ethereum or Bitcoin to an Crypto Trader Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange 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 illustration. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow these easy steps) Make sure you have selected the precise coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).
Step 3 – Find NEM (XEM) Once your deposit has been approved, you will directly have access to your assets and you can launch invest and trading. To buy (XEM) NEM on Binance, you'll want to go to the “Exchange” tab and then click on “Basic”. To spot (XEM) NEM, you will need to insert the short name of the asset (XEM) into the search-box, which is highlighted in the image. Make sure you have selected the proper pairing, we have highlighted this too. Click on “XEM/BTC” to go on.
Step 4 – Buying (XEM) NEM After you have located NEM (XEM), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we are making our Limit Order. The field with the “Price” tag will be filled with the most latest price (XEM) NEM was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the amount of XEM you like to purchase. The “Total” field is the whole price in Bitcoin that you'll pay for the whole volumen of XEM. If you're happy, make a mouse click on “Buy XEM”. Your order will be filled as soon as a Seller trades their XEM for the price you offered.
Step 5 – Withdraw NEM (XEM) Unless you are trading, best advise is not to keep crypto on an Crypto Exchange for an extended time frame. In order to withdraw your NEM (XEM), hover over the “Funds” tab and click on “Withdraw”. NEM (XEM) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate NEM (XEM) by using the provided drop-down box. Enter the volumen of NEM (XEM) you'd like to withdraw. Take into account the shown minimus/fees. Also make sure you have filled your precise withdraw address. When you're glad, make a mouse click on “Submit”. You may be requested for verfication via email/phone before a withdrawal.