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How to Buy Nexus Mutual (NXM)

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

Step 1 – Signup to CEX.io

You will first need to purchase one of the bigger coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for Altcoins. Click below to register and to get your Bitcoin or Ethereum.

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

Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Nexus Mutual (NXM) is available on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Just follow this guide)

Make sure you have chosen the right coin you want to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etc. In the case you're using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our how-to).

Step 3 – Find Nexus Mutual (NXM)

As soon as your deposit has been affirmed, you will instantly have access to your funds and you can initiate purchasing and trading. To buy Nexus Mutual (NXM) on Binance, you'll want to go to the ”Exchange” tab and after that click on “Basic”.

To locate Nexus Mutual (NXM), you'll need to put the short name of the asset (NXM) into the search-box, which is highlighted in the graphic. Be certain of having selected the right pairing, we've highlighted this too. Click on “NXM/BTC” to continue.

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

Once you've spotted Nexus Mutual (NXM), you'll be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). And now we are creating our own Limit Order.

The field with the “Price” tag will be filled automatically with the most recent rate Nexus Mutual (NXM) was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the amount of NXM you wish to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the complete quantity of NXM.

When you are happy, click on “Buy NXM”. Your order will be filled as soon as a Vendor trades their NXM for the price you submitted.

Step 5 – Withdraw Nexus Mutual (NXM)

Unless you're frequently trading, never keep your coins on an Cryptocurrency Exchange for an longer time period. To take off your Nexus Mutual (NXM), hover over the ”Funds” tab and click on “Withdraw”. Nexus Mutual (NXM) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Nexus Mutual (NXM) by using the given drop-down box. Put into the quantity of Nexus Mutual (NXM) you'd like to take off. Take into account the displayed fees/minimums. Also make sure you have entered your right withdraw address.

If you're glad, make a mouse click on “Submit”. You may be requested for phone/email verification ahead of a take off.

Congratulations! You've successfully bought and stored Nexus Mutual (NXM).

That's it!

Take offs from Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you have proved your take off with Ethplorer.io or Etherscan.io and the Nexus Mutual (NXM) is stored in your wallet, you are all done.

Some other Guides on How to buy different Altcoins

How to Buy Algorand
How to Buy IRISnet
How to Buy Altcoins
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