How to Buy Nexus Mutual (NXM) in Anguilla

A Step-by-Step-Guide on how to buy Nexus Mutual (NXM) in Anguilla

Step 1 – Signup to Coinmama

In the beginning you'll need to purchase units of the major currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click the button below to register and receive your Bitcoin or Ethereum.

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

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Nexus Mutual (NXM) is available on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Just follow this guide)

Make sure you have chosen the right coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. If you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our guide).

Step 3 – Locate {Nexus Mutual (NXM)|(NXM) Nexus Mutual}

As soon as your deposit has been verified, you'll immediately have access to your funds and you can commence purchasing and trading. To buy {Nexus Mutual (NXM)|(NXM) Nexus Mutual} on Binance, you'll want to hover over the ”Exchange” tab and after that mouse click on “Basic”.

To find {Nexus Mutual (NXM)|(NXM) Nexus Mutual}, you'll need to insert the short name of the asset (NXM) into the search-box, which is highlighted in the image. Make sure you have choosen the correct pairing, we have highlighted this too. Click on “NXM/BTC” to progress.

{How to buy Coin on Binance 1|Binance How To Buy 1} Nexus Mutual (NXM)
Step 4 – Buying {Nexus Mutual (NXM)|(NXM) Nexus Mutual}

As soon as you have spotted {Nexus Mutual (NXM)|(NXM) Nexus Mutual}, you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). Next we are going to make our Limit Order.

The ”Price” field will be automatically filled with the latest rate {Nexus Mutual (NXM)|(NXM) Nexus Mutual} was traded for. You can change this to your desired price. The ”Amount” field is the volumen of NXM you want to purchase. The field with the “Total” tag is the whole price in BTC that you'll pay for the whole volumen of NXM.

If you're happy, click on “Buy NXM”. Your plan will be filled as soon as a Vender sells their NXM for the price you gave.

Step 5 – Withdraw {Nexus Mutual (NXM)|(NXM) Nexus Mutual}

Unless you are regularly trading, best advise is not to keep crypto on an Exchange for an extended period of time. In order to take off your {Nexus Mutual (NXM)|(NXM) Nexus Mutual}, go to the ”Funds” tab and click on “Withdraw”. {Nexus Mutual (NXM)|(NXM) Nexus Mutual} can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Nexus Mutual (NXM)|(NXM) Nexus Mutual} by using the given drop-down box. Put into the amount of {Nexus Mutual (NXM)|(NXM) Nexus Mutual} you would like to take off. Take into account the presented fees/minimums. Also make sure you have entered your precise withdraw address.

When you are satisfied, make a mouse click on “Submit”. You may be asked for verfication via email/phone before a take off.

Kudos! You've successfully purchased and stored Nexus Mutual (NXM) in Anguilla.

That's it!

Take offs from Exchange can take between 1 – 30 minutes (depending on network usage). Once you have proved your withdrawal with Etherscan.io or Ethplorer.io and the {Nexus Mutual (NXM)|(NXM) Nexus Mutual} is stored inside your wallet, you are finished.

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