How to Buy Namecoin (NMC) in Anguilla

A Step-by-Step-Guide on how to buy Namecoin (NMC) in Anguilla

Step 1 – Join Coinmama

You will first need to buy one of the bigger coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for Altcoins. Follow the Link below for registration and receive your Ethereum or Bitcoin.

Binance Signup
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Namecoin (NMC) is available on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Follow this guide)

Make sure you have chosen the correct coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're working with a decentralized exchange, like Airswap or DDEX could be different (Follow our manual).

Step 3 – Locate {Namecoin (NMC)|(NMC) Namecoin}

As soon as your deposit has been affirmed, you'll now have access to your funds and you can begin invest and trading. To purchase {Namecoin (NMC)|(NMC) Namecoin} on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”.

In order to locate {Namecoin (NMC)|(NMC) Namecoin}, you'll need to insert the short name of the asset (NMC) into the search box, which is highlighted in the image. Make sure you have selected the proper grouping, we've highlighted this also. Click on “NMC/BTC” to go ahead.

{How to buy Coin on Binance 1|Binance How To Buy 1} Namecoin (NMC)
Step 4 – Purchasing {Namecoin (NMC)|(NMC) Namecoin}

As soon as you have spotted {Namecoin (NMC)|(NMC) Namecoin}, you'll 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 the “Price” tag will be automatically filled with the most up-to-date rate {Namecoin (NMC)|(NMC) Namecoin} was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the volumen of NMC you want to purchase. The ”Total” field is the total price in Bitcoin that you will pay for the complete volumen of NMC.

If you are happy, make a mouse click on “Buy NMC”. Your plan will be filled when a Seller trades their NMC for the price you introduced.

Step 5 – Withdraw {Namecoin (NMC)|(NMC) Namecoin}

Unless you are trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an extensive time frame. In order to withdraw your {Namecoin (NMC)|(NMC) Namecoin}, hover over the tab called “Funds” and click on “Withdraw”. {Namecoin (NMC)|(NMC) Namecoin} can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Namecoin (NMC)|(NMC) Namecoin} by using the provided drop-down box. Drop in the quantity of {Namecoin (NMC)|(NMC) Namecoin} you'd like to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your precise withdraw address.

If you are glad, click “Submit”. You could be requested for verfication via email/phone ahead of a withdrawal.

Kudos! You have successfully purchased and stored Namecoin (NMC) in Anguilla.

That's it!

Withdrawals from Crypto Trader can take anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you've proved your take off using Ethplorer.io or Etherscan.io and the {Namecoin (NMC)|(NMC) Namecoin} is stored inside your wallet, you are done.

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