How to Buy Nimiq (NIM) in Anguilla

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).

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

Your Ethereum or Bitcoin has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Nimiq (NIM) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to)

Make sure you've chosen the exact coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. In the case you are using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Find {Nimiq (NIM)|(NIM) Nimiq}

Once your deposit has been approved, you'll instantly have access to your assets and you can begin purchasing and trading. To invest in {Nimiq (NIM)|(NIM) Nimiq} on Binance, you'll want to go to the ”Exchange” tab and click on “Basic”.

To locate {Nimiq (NIM)|(NIM) Nimiq}, you'll need to put the cointype (NIM) into the search box, which is marked in the graphic. Make sure you have selected the proper pairing, we have marked this also. Click on “NIM/BTC” to continue.

{How to buy Coin on Binance 1|Binance How To Buy 1} Nimiq (NIM)
Step 4 – Purchase {Nimiq (NIM)|(NIM) Nimiq}

After you have discovered {Nimiq (NIM)|(NIM) Nimiq}, you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). Next we are going to make our own Limit Order.

The field with the “Price” tag will be filled automatically with the up-to-date tariff {Nimiq (NIM)|(NIM) Nimiq} was traded for. You can change this to your preferred rate. The ”Amount” field is the quantity of NIM you like to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the complete quantity of NIM.

When you're satisfied, make a mouse click on “Buy NIM”. Your order will be filled when a Vender sells their NIM for the price you gave.

Step 5 – Withdraw {Nimiq (NIM)|(NIM) Nimiq}

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

Find {Nimiq (NIM)|(NIM) Nimiq} by using the provided drop-down box. Put into the amount of {Nimiq (NIM)|(NIM) Nimiq} you'd wish to withdraw. Take into account the shown minimus/fees. Also make sure you have filled your correct withdraw address.

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

Kudos! You have successfully purchased and safed Nimiq (NIM) in Anguilla.

That's it!

Take offs from Crypto Trader can take anywhere from 1 – 30 minutes (depending on network usage). Once you've confirmed your withdrawal with or and the {Nimiq (NIM)|(NIM) Nimiq} is stored within your wallet, you're finished.

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