How to Buy NEM (XEM) in Armenia

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

Step 1 – Signup to Coinmama

You will first need to purchase units of the major currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below to register and receive your Bitcoin (BTC) or Ethereum (ETH).

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

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. NEM (XEM) is available on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this guide)

Make sure you have selected the right 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 are working with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our guide).

Step 3 – Locate {NEM (XEM)|(XEM) NEM}

Once your deposit has been approved, you'll directly have access to your assets and you can commence purchasing and trading. To purchase {NEM (XEM)|(XEM) NEM} on Binance, you'll want to go to the ”Exchange” tab and then mouse click on “Basic”.

In order to discover {NEM (XEM)|(XEM) NEM}, you'll need to insert the short name of the asset (XEM) into the search-box, which is marked in the graphic. Be certain of having selected the correct grouping, we've marked this too. Click on “XEM/BTC” to continue.

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

As soon as you have found {NEM (XEM)|(XEM) NEM}, you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we are going to make our Limit Order.

The field with the “Price” tag will be automatically filled with the most recent price {NEM (XEM)|(XEM) NEM} was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the quantity of XEM you want to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the complete quantity of XEM.

If you are satisfied, click on “Buy XEM”. Your plan will be filled as soon as a Vender trades their XEM for the price you submitted.

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

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

Find {NEM (XEM)|(XEM) NEM} by using the provided drop-down box. Drop in the amount of {NEM (XEM)|(XEM) NEM} you'd like to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have filled your right withdraw address.

When you are satisfied, click “Submit”. You may be asked for phone/email verification before a take off.

Congrats! You have successfully bought and stored NEM (XEM) in Armenia.

That's it!

Withdrawals from Cryptocurrency Exchange can take between 1 – 30 minutes (rely on network usage). As soon as you've proved your take off using Etherscan.io or Ethplorer.io and the {NEM (XEM)|(XEM) NEM} is stored within your wallet, you are all done.

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