A Step-by-Step-Guide on how to buy NEM (XEM) in Slovenia
Step 1 – Signup to Coinbase – Get Free $10 You'll first need to purchase units of the bigger currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below to register and receive your welcome $10.
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto 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're going to use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this guide) Make sure you have chosen the precise coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. If you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Locate (XEM) NEM As soon as your deposit has been approved, you'll immediately have access to your finances and you can begin invest and trading. To purchase (XEM) NEM on Binance, you will want to hover over the “Exchange” tab and click on “Basic”. In order to locate (XEM) NEM, you will need to insert the short name of the asset (XEM) into the search-box, which is highlighted in the image. Be certain of having selected the proper grouping, we have highlighted this also. Click on “XEM/BTC” to proceed.
Step 4 – Buy NEM (XEM) As soon as you have located NEM (XEM), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). And now we're creating our Limit Order. The “Price” field will be filled with the most recent tariff NEM (XEM) was traded for. This can be changed to your favoured rate. The “Amount” field is the volumen of XEM you like to purchase. The field with the “Total” tag is the whole price in BTC that you'll pay for the whole volumen of XEM. When you're happy, click on “Buy XEM”. Your plan will be filled when a Seller sells their XEM for the price you submitted.
Step 5 – Withdraw NEM (XEM) Unless you're regularly trading, never keep your crypto coins on an Cryptocurrency Exchange for an extended period of time. In order to withdraw your NEM (XEM), go to the tab called “Funds” and mouse click on “Withdraw”. NEM (XEM) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find NEM (XEM) by using the provided drop-down box. Enter the volumen of (XEM) NEM you would like to withdraw. Take into account the presented fees/minimums. Also make sure you have entered your precise withdraw address. When you are satisfied, click “Submit”. You may be requested for verfication via phone/email ahead of a take off.