A Step-by-Step-Guide on how to buy NEM (XEM) in Zambia
Step 1 – Join Coinbase – Get Free $10 You'll first need to buy one of the bigger coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below to register and receive your first 10 Dollar.
Step 2 – Transfer Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your Ethereum or Bitcoin has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. NEM (XEM) is accessible on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Just follow this how-to) Make sure you've chosen the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. If you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Locate NEM (XEM) As soon as your deposit has been approved, you will now have access to your assets and you can begin invest and trading. To invest in NEM (XEM) on Binance, you'll want to go to the “Exchange” tab and mouse click on “Basic”. To locate NEM (XEM), you will need to put the shortname of the coin (XEM) into the search box, which is highlighted in the picture. Make sure you have selected the right grouping, we have marked this too. Click on “XEM/BTC” to advance.
Step 4 – Buying NEM (XEM) As soon as you've found (XEM) NEM, you will be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we're going to create our own Limit Order. The field with the “Price” tag will be filled with the up-to-date rate (XEM) NEM was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of XEM you wish to buy. The field with the “Total” tag is the aggregated price in BTC that you will settle for the complete volumen of XEM. If you're happy, 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 trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an extensive period of time. In order to take off your (XEM) NEM, hover over 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 given drop-down box. Enter the amount of (XEM) NEM you'd like to withdraw. Take into account the displayed minimus/fees. Also make sure you have filled your right withdraw address. When you're glad, click “Submit”. You could be requested for verfication via phone/email ahead of a take off.