How to Buy NEM (XEM) in Anguilla

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

Step 1 – Join Coinmama

You'll first need to purchase units of the bigger coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below for registration and getting your Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Transfer Your Bitcoin or Ethereum to an Cryptocurrency Exchange

Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. NEM (XEM) is accessible on Binance, so we will 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've selected the correct coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're using a decentralized exchange, like Airswap or DDEX could be divergent (Follow our how-to).

Step 3 – Find {NEM (XEM)|(XEM) NEM}

As soon as your deposit has been verified, you will instantly have access to your finances and you can start purchasing and trading. To purchase {NEM (XEM)|(XEM) NEM} on Binance, you will want to go to the ”Exchange” tab and mouse click on “Basic”.

In order to spot {NEM (XEM)|(XEM) NEM}, you will need to put the cointype (XEM) into the search box, which is marked in the image. Be certain of having selected the right pairing, we have marked this also. Click on “XEM/BTC” to advance.

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

After you've spotted {NEM (XEM)|(XEM) NEM}, you will be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). And now we are going to make our Limit Order.

The field with the “Price” tag will be filled automatically with the latest price {NEM (XEM)|(XEM) NEM} was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the volumen of XEM you like to buy. The ”Total” field is the aggregated price in BTC that you'll pay for the complete volumen of XEM.

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

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

Unless you are frequently trading, best advise is not to keep crypto on an Crypto Trader for an extended time frame. To withdraw your {NEM (XEM)|(XEM) NEM}, go to the ”Funds” tab and mouse click on “Withdraw”. {NEM (XEM)|(XEM) NEM} can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find {NEM (XEM)|(XEM) NEM} by using the given drop-down box. Enter the quantity of {NEM (XEM)|(XEM) NEM} you'd wish to withdraw. Take into account the displayed fees/minimums. Also make sure you have entered your precise withdraw address.

If you are happy, click “Submit”. You may be asked for verfication via email/phone ahead of a take off.

Congrats! You've successfully purchased and safed NEM (XEM) in Anguilla.

That's it!

Withdrawals from Crypto Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). Once you have confirmed your take off with Etherscan.io or Ethplorer.io and the {NEM (XEM)|(XEM) NEM} is stored inside your wallet, you're finished.

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