A Step-by-Step-Guide on how to buy Nimiq (NIM) in Anguilla
Step 1 – Join Coinmama You will first need to buy one of the major currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click the button below for registration and receive your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Nimiq (NIM) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Follow this how-to) Make sure you've chosen the exact coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so forth. In the case you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).
Step 3 – Find Nimiq (NIM) Once your deposit has been verified, you'll directly have access to your assets and you can commence purchasing and trading. To invest in Nimiq (NIM) on Binance, you'll want to hover over the ”Exchange” tab and after that mouse click on “Basic”. In order to locate Nimiq (NIM), you'll need to put the shortname of the coin (NIM) into the search box, which is highlighted in the picture. Make sure you have choosen the correct pairing, we have highlighted this also. Click on “NIM/BTC” to advance.
Step 4 – Buy Nimiq (NIM) After you have found Nimiq (NIM), you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the picture). For now we are going to create our own Limit Order. The field with the “Price” tag will be filled automatically with the most recent tariff Nimiq (NIM) was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the volumen of NIM you like to purchase. The ”Total” field is the aggregated price in Bitcoin that you'll pay for the whole amount of NIM. If you're satisfied, make a mouse click on “Buy NIM”. Your order will be filled as soon as a Vender trades their NIM for the price you gave.
Step 5 – Withdraw Nimiq (NIM) Unless you're frequently trading, you should never keepyour crypto on an Crypto Trader for an extended time period. In order to withdraw your Nimiq (NIM), hover over the ”Funds” tab and click on “Withdraw”. Nimiq (NIM) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Nimiq (NIM) by using the given drop-down box. Put into the volumen of Nimiq (NIM) you'd wish to withdraw. Take into account the shown fees/minimums. Also make sure you have entered your precise withdraw address. If you are satisfied, click on “Submit”. You may be requested for phone/email verification ahead of a take off.
Kudos! You've successfully purchased and stored Nimiq (NIM) in Anguilla.That's it! Withdrawals from Crypto Exchange can durate between 1 – 30 minutes (rely on network usage). As soon as you've confirmed your take off with Etherscan.io or Ethplorer.io and the Nimiq (NIM) is stored inside your wallet, you're finished.
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