A Step-by-Step-Guide on how to buy NEM (XEM) in Seychelles
Step 1 – Join Coinbase and recieve 10$ for free You will first need to buy units of the bigger coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below for registration and getting your first 10$.
Step 2 – Send Your Bitcoin or Ethereum to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) has 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 will use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this manual) Make sure you have chosen the precise coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, et cetera. If you are working with a decentralized exchange, like Airswap or DDEX could be different (Just follow our manual).
Step 3 – Locate (XEM) NEM As soon as your deposit has been affirmed, you'll immediately have access to your finances and you can launch invest and trading. To invest in NEM (XEM) on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. To find NEM (XEM), you'll need to insert the short name of the asset (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 advance.
Step 4 – Purchase NEM (XEM) Once you have discovered (XEM) NEM, you will be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). For now we are going to make our own Limit Order. The “Price” field will be automatically filled with the most up-to-date rate (XEM) NEM was traded for. This can be changed to your desired price. The field with the “Amount” tag is the amount of XEM you wish to purchase. The “Total” field is the whole price in Bitcoin that you'll settle for the whole amount of XEM. When you are glad, make a mouse click on “Buy XEM”. Your plan will be filled when a Seller sells their XEM for the price you introduced.
Step 5 – Withdraw NEM (XEM) Unless you are frequently trading, best advise is not to keep your crypto coins on an Crypto Exchange for an longer time frame. In order to withdraw your (XEM) NEM, go to the tab called “Funds” and click on “Withdraw”. (XEM) NEM can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate NEM (XEM) by using the provided drop-down box. Put into the amount of (XEM) NEM you would wish to take off. Don't forget the displayed minimus/fees. Also make sure you have entered your correct withdraw address. When you are glad, make a mouse click on “Submit”. You could be asked for email/phone verification before a take off.