A Step-by-Step-Guide on how to buy Numeraire (NMR)
Step 1 – Signup to CEX.io In the beginning you'll need to buy units of the top-tier currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below for registration and receive your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Numeraire (NMR) is accessible on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Just follow these easy steps) Make sure you've selected the correct coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. In the case you're working with a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).
Step 3 – Find Numeraire (NMR) Once your deposit has been approved, you will now have access to your finances and you can begin purchasing and trading. To buy Numeraire (NMR) on Binance, you will want to hover over the ”Exchange” tab and after that click on “Basic”. In order to spot Numeraire (NMR), you'll need to put the shortname of the coin (NMR) into the search box, which is highlighted in the image. Be certain of having selected the correct pairing, we have highlighted this too. Click on “NMR/BTC” to go ahead.
Step 4 – Purchasing Numeraire (NMR) As soon as you've discovered Numeraire (NMR), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we are going to create our own Limit Order. The field with the “Price” tag will be filled with the most latest valuation Numeraire (NMR) was sold for. You can change this to your favoured rate. The ”Amount” field is the quantity of NMR you wish to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the complete quantity of NMR. If you're glad, make a mouse click on “Buy NMR”. Your plan will be filled as soon as a Seller sells their NMR for the price you submitted.
Step 5 – Withdraw Numeraire (NMR) Unless you're regularly trading, best advise is not to keep crypto on an Crypto Exchange for an extensive period of time. To take off your Numeraire (NMR), hover over the ”Funds” tab and mouse click on “Withdraw”. Numeraire (NMR) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Numeraire (NMR) by using the provided drop-down box. Put into the quantity of Numeraire (NMR) you'd wish to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have entered your right withdraw address. When you're glad, make a mouse click on “Submit”. You may be requested for phone/email verification ahead of a take off.