How to Buy NEM (XEM) in Slovakia

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

Step 1 – Join Coinbase and recieve 10$ for free

You'll first need to buy one of the bigger coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click below for registration and receive your welcome 10$.

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

Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. NEM (XEM) is available on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Follow this guide)

Make sure you've selected the exact coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our how-to).

Step 3 – Find (XEM) NEM

Once your deposit has been affirmed, you'll directly have access to your assets and you can start buying and trading. To invest in NEM (XEM) on Binance, you will want to hover over theExchangetab and then click onBasic”.

To spot (XEM) NEM, you will need to put the short name of the asset (XEM) into the search-box, which is marked in the picture. Be certain of having choosen the proper pairing, we have marked this too. Click onXEM/BTCto continue.

Step 4 – Purchase (XEM) NEM

Once you have located NEM (XEM), you will be presented with 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 thePricetag will be automatically filled with the most up-to-date valuation NEM (XEM) was sold for. You can change this to your desired price. TheAmountfield is the volumen of XEM you like to buy. The field with theTotaltag is the total price in BTC that you will settle for the complete quantity of XEM.

If you are satisfied, make a mouse click onBuy XEM”. Your plan will be filled as soon as a Seller sells their XEM for the price you offered.

Step 5 – Withdraw (XEM) NEM

Unless you are regularly trading, you should never keepyour coins on an Crypto Exchange for an extended time frame. To withdraw your NEM (XEM), hover over theFundstab and mouse click onWithdraw”. NEM (XEM) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find NEM (XEM) by using the provided drop-down box. Enter the quantity of (XEM) NEM you would like to withdraw. Take into account the presented minimus/fees. Also make sure you have filled your precise withdraw address.

If you are glad, make a mouse click onSubmit”. You could be asked for verfication via email/phone before a withdrawal.

Congratulations! You've successfully bought and stored NEM (XEM) in Slovakia.

That's it!

Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you have proved your take off with Etherscan.io or Ethplorer.io and the (XEM) NEM is stored within your wallet, you're all done.