How to Buy NEM (XEM) in Anguilla

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

Step 1 – Join Coinbase and recieve 10$ for free

You will first need to buy one of the major currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click the button below to register and getting your welcome $10.

Binance Signup
Step 2 – Transmit Your Ethereum or Bitcoin to an Crypto Exchange

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

Make sure you've selected the precise coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. If you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).

Step 3 – Find {NEM (XEM)|(XEM) NEM}

As soon as your deposit has been confirmed, you'll now have access to your assets and you can initiate buying and trading. To buy {NEM (XEM)|(XEM) NEM} on Binance, you'll want to hover over the ”Exchange” tab and then click on “Basic”.

In order to locate {NEM (XEM)|(XEM) NEM}, you'll need to put the shortname of the coin (XEM) into the search box, which is highlighted in the image. Be certain of having selected the proper pairing, we've highlighted this too. Click on “XEM/BTC” to go on.

{How to buy Coin on Binance 1|Binance How To Buy 1} NEM (XEM)
Step 4 – Acquisition of {NEM (XEM)|(XEM) NEM}

As soon as you have located {NEM (XEM)|(XEM) NEM}, you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we're creating our own Limit Order.

The field with the “Price” tag will be filled with the most recent tariff {NEM (XEM)|(XEM) NEM} was sold for. You can change this to your preferred rate. The ”Amount” field is the volumen of XEM you like to purchase. The ”Total” field is the aggregated price in BTC that you'll settle for the whole volumen of XEM.

If you are glad, click on “Buy XEM”. Your order will be filled when a Seller trades their XEM for the price you gave.

Step 5 – Withdraw {NEM (XEM)|(XEM) NEM}

Unless you are regularly trading, best advise is not to keep crypto on an Exchange for an extensive period of time. To withdraw your {NEM (XEM)|(XEM) NEM}, go to the ”Funds” tab and mouse click on “Withdraw”. {NEM (XEM)|(XEM) NEM} can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find {NEM (XEM)|(XEM) NEM} by using the provided drop-down box. Put into the amount of {NEM (XEM)|(XEM) NEM} you would like to withdraw. Take into account the shown minimus/fees. Also make sure you have entered your precise withdraw address.

If you are glad, make a mouse click on “Submit”. You could be requested for verfication via phone/email before a withdrawal.

Congrats! You've successfully bought and stored NEM (XEM) in Anguilla.

That's it!

Take offs from Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). As soon as you have proved your take off with Ethplorer.io or Etherscan.io and the {NEM (XEM)|(XEM) NEM} is safe inside your wallet, you are finished.

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