A Step-by-Step-Guide on how to buy Wrapped NXM (WNXM)
Step 1 – Signup to Coinbase and recieve 10$ for free In the beginning you'll need to buy units of the bigger coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below to register and getting your welcome $10.
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Wrapped NXM (WNXM) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow these easy steps) Make sure you've chosen the right coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our how-to).
Step 3 – Locate (WNXM) Wrapped NXM As soon as your deposit has been confirmed, you'll immediately have access to your finances and you can begin purchasing and trading. To invest in (WNXM) Wrapped NXM on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”. To spot (WNXM) Wrapped NXM, you'll need to insert the cointype (WNXM) into the search-box, which is marked in the image. Make sure you have selected the right grouping, we have marked this too. Click on “WNXM/BTC” to continue.
Step 4 – Buy (WNXM) Wrapped NXM As soon as you've spotted (WNXM) Wrapped NXM, you will be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). And now we're creating our Limit Order. The ”Price” field will be automatically filled with the up-to-date tariff (WNXM) Wrapped NXM was sold for. This can be changed to your favoured rate. The ”Amount” field is the amount of WNXM you wish to buy. The field with the “Total” tag is the total price in BTC that you'll settle for the complete amount of WNXM. When you are glad, click on “Buy WNXM”. Your plan will be filled as soon as a Seller sells their WNXM for the price you offered.
Step 5 – Withdraw Wrapped NXM (WNXM) Unless you are frequently trading, you should never keepyour coins on an Crypto Exchange for an extended time frame. In order to take off your Wrapped NXM (WNXM), go to the ”Funds” tab and click on “Withdraw”. Wrapped NXM (WNXM) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Wrapped NXM (WNXM) by using the provided drop-down box. Drop in the quantity of Wrapped NXM (WNXM) you would like to take off. Don't forget the presented minimus/fees. Also make sure you have filled your precise withdraw address. When you are satisfied, click “Submit”. You could be asked for phone/email verification before a take off.