How to Buy Wrapped NXM (WNXM) in Armenia

A Step-by-Step-Guide on how to buy Wrapped NXM (WNXM) in Armenia

Step 1 – Join Coinmama

You'll first need to buy units of the bigger coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for alternative Coins. Click below for registration and receive your Bitcoin or Ethereum.

Binance Signup
Step 2 – Transmit Your Funds to an Exchange

Your Ethereum or Bitcoin has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Wrapped NXM (WNXM) is accessible 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 guide)

Make sure you've selected the exact coin you wish to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our manual).

Step 3 – Locate {Wrapped NXM (WNXM)|(WNXM) Wrapped NXM}

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

In order to discover {Wrapped NXM (WNXM)|(WNXM) Wrapped NXM}, you'll need to put the shortname of the coin (WNXM) into the search box, which is highlighted in the picture. Be certain of having selected the correct pairing, we've highlighted this also. Click on “WNXM/BTC” to progress.

{How to buy Coin on Binance 1|Binance How To Buy 1} Wrapped NXM (WNXM)
Step 4 – Acquisition of {Wrapped NXM (WNXM)|(WNXM) Wrapped NXM}

As soon as you have spotted {Wrapped NXM (WNXM)|(WNXM) Wrapped NXM}, you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we are going to create our own Limit Order.

The field with the “Price” tag will be filled with the most up-to-date tariff {Wrapped NXM (WNXM)|(WNXM) Wrapped NXM} was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the amount of WNXM you like to buy. The field with the “Total” tag is the whole price in BTC that you will settle for the complete amount of WNXM.

When you're glad, make a mouse click on “Buy WNXM”. Your plan will be filled when a Vendor trades their WNXM for the price you introduced.

Step 5 – Withdraw {Wrapped NXM (WNXM)|(WNXM) Wrapped NXM}

Unless you are frequently trading, best advise is not to keep crypto coins on an Crypto Trader for an extended time period. In order to take off your {Wrapped NXM (WNXM)|(WNXM) Wrapped NXM}, go to the tab called “Funds” and click on “Withdraw”. {Wrapped NXM (WNXM)|(WNXM) Wrapped NXM} can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Wrapped NXM (WNXM)|(WNXM) Wrapped NXM} by using the given drop-down box. Enter the quantity of {Wrapped NXM (WNXM)|(WNXM) Wrapped NXM} you'd wish to take off. Don't forget the presented fees/minimums. Also make sure you have entered your precise withdraw address.

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

Congratulations! You've successfully purchased and stored Wrapped NXM (WNXM) in Armenia.

That's it!

Take offs from Cryptocurrency Exchange can durate between 1 – 30 minutes (depending on network usage). As soon as you've confirmed your withdrawal using Ethplorer.io or Etherscan.io and the {Wrapped NXM (WNXM)|(WNXM) Wrapped NXM} is stored in your wallet, you are all done.

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