How to Buy Wrapped NXM (WNXM) in Australia

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

Step 1 – Join Coinmama

In the beginning you'll need to buy units of the bigger currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below for registration and to get your Bitcoin (BTC) or Ethereum (ETH).

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

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Wrapped NXM (WNXM) is accessible on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Just follow this guide)

Make sure you have selected 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 on. If you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow these easy steps).

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

Once your deposit has been affirmed, you'll instantly have access to your funds and you can launch invest 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 cointype (WNXM) into the search box, which is highlighted in the graphic. Be certain of having choosen the correct pairing, we have highlighted this too. Click on “WNXM/BTC” to go on.

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

As soon as you've discovered {Wrapped NXM (WNXM)|(WNXM) Wrapped NXM}, you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we're creating our Limit Order.

The ”Price” field will be automatically filled with the most latest rate {Wrapped NXM (WNXM)|(WNXM) Wrapped NXM} was traded for. You can change this to your desired price. The ”Amount” field is the quantity of WNXM you wish to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the whole quantity of WNXM.

If you are happy, click on “Buy WNXM”. Your order will be filled as soon as a Seller sells their WNXM for the price you offered.

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

Unless you're regularly trading, you should never keepyour coins on an Exchange for an extended time period. In order to withdraw your {Wrapped NXM (WNXM)|(WNXM) Wrapped NXM}, go to the tab called “Funds” and mouse click on “Withdraw”. {Wrapped NXM (WNXM)|(WNXM) Wrapped NXM} can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Wrapped NXM (WNXM)|(WNXM) Wrapped NXM} by using the given drop-down box. Drop in the quantity of {Wrapped NXM (WNXM)|(WNXM) Wrapped NXM} you'd like to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address.

When you're glad, click on “Submit”. You may be requested for verfication via phone/email ahead of a take off.

Congratulations! You have successfully purchased and stored Wrapped NXM (WNXM) in Australia.

That's it!

Take offs from Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you have proved your withdrawal using Ethplorer.io or Etherscan.io and the {Wrapped NXM (WNXM)|(WNXM) Wrapped NXM} is safe in your wallet, you are done.

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