A Step-by-Step-Guide on how to buy NEM (XEM) in Timor-Leste
Step 1 – Signup to Coinbase – Get Free $10 You'll first need to buy one of the bigger coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click the button below for registration and getting your first $10.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. NEM (XEM) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow these easy steps) Make sure you have selected the right coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. If you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow these easy steps).
Step 3 – Find (XEM) NEM Once your deposit has been verified, you will instantly have access to your funds and you can commence buying and trading. To purchase NEM (XEM) on Binance, you'll want to hover over the “Exchange” tab and then mouse click on “Basic”. To locate NEM (XEM), you will need to put the cointype (XEM) into the search box, which is marked in the image. Be certain of having selected the proper grouping, we've marked this also. Click on “XEM/BTC” to go ahead.
Step 4 – Purchase (XEM) NEM As soon as you have spotted (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). Next we are going to create our Limit Order. The “Price” field will be filled with the most recent rate NEM (XEM) was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the volumen of XEM you want to purchase. The “Total” field is the aggregated price in Bitcoin that you will settle for the complete volumen of XEM. When you are satisfied, click on “Buy XEM”. Your order will be filled when a Vender sells their XEM for the price you introduced.
Step 5 – Withdraw NEM (XEM) Unless you are regularly trading, never keep your coins on an Crypto Exchange for an longer time frame. In order to withdraw your (XEM) NEM, hover over the “Funds” tab and mouse click on “Withdraw”. NEM (XEM) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate NEM (XEM) by using the given drop-down box. Put into the amount of (XEM) NEM you'd like to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. If you are satisfied, make a mouse click on “Submit”. You may be requested for phone/email verification ahead of a withdrawal.