A Step-by-Step-Guide on how to buy NEXO (NEXO)
Step 1 – Signup to CEX.io You'll first need to purchase units of the bigger currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below to register and getting your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transfer Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. NEXO (NEXO) is accessible on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this manual) Make sure you've selected the correct coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow these easy steps).
Step 3 – Find NEXO (NEXO) Once your deposit has been approved, you will immediately have access to your funds and you can begin purchasing and trading. To purchase NEXO (NEXO) on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”. In order to find NEXO (NEXO), you will need to put the short name of the asset (NEXO) into the search-box, which is marked in the graphic. Make sure you have choosen the right pairing, we have marked this too. Click on “NEXO/BTC” to progress.
Step 4 – Buy NEXO (NEXO) Once you have found NEXO (NEXO), you will be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). For now we are creating our own Limit Order. The field with the “Price” tag will be filled with the recent tariff NEXO (NEXO) was sold for. You can change this to your favoured price. The field with the “Amount” tag is the amount of NEXO you wish to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the whole amount of NEXO. When you're happy, click on “Buy NEXO”. Your order will be filled when a Vendor trades their NEXO for the price you gave.
Step 5 – Withdraw NEXO (NEXO) Unless you are frequently trading, never keep your crypto on an Exchange for an extended time period. In order to take off your NEXO (NEXO), hover over the tab called “Funds” and click on “Withdraw”. NEXO (NEXO) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate NEXO (NEXO) by using the given drop-down box. Put into the quantity of NEXO (NEXO) you would wish to take off. Take into account the shown fees/minimums. Also make sure you have entered your correct withdraw address. When you are happy, click on “Submit”. You may be requested for phone/email verification before a take off.