Introduction
When purchasing NEM, there are several factors to consider, including selecting an exchange to buy it from and the transaction method. Fortunately, we've compiled a list of reputable exchanges to assist you with the process.
Step-by-Step Guide
1. Select an Exchange
Research and select a cryptocurrency exchange that operates in Australia and supports NEM trading. Consider factors such as fees, security, and user reviews.
2. Create an Account
Register on the exchange's website or mobile app, providing personal information and identity verification documents.
3. Top Up Your Account
Transfer funds to your exchange account using supported payment methods such as bank transfer, credit card, or debit card.
4. Navigate to the NEM market
Once your account is funded, search for NEM (XEM) in the exchange's marketplace.
5. Select a Transaction Amount
Enter the amount of NEM you wish to purchase.
6. Confirm Purchase
Preview the Transaction Details and Confirm Your Purchase by clicking the "Buy XEM" or equivalent button.
7. Complete Transaction
Your NEM purchase will be processed and deposited into your exchange wallet within minutes.
8. Transfer to a Hardware Wallet
It's always best to keep your crypto in a hardware wallet for security reasons. We recommend using Wirex or Trezor.
What to Be Aware Of
When purchasing NEM, it's important to choose a reputable exchange that is user-friendly and has reasonable fees. Once you've done this, always transfer your crypto to a hardware wallet. That way, no matter what happens to that exchange, your crypto remains safe.
Latest Movements
NEM (XEM) is currently priced at USD 0.01 with a 24-hour trading volume of USD 25.36M. The market cap of NEM stands at USD 240.24M, with 9B XEM in circulation. For those looking to buy or trade NEM, Binance offers avenues to do so securely and efficiently
- Market capitalisation
- USD 240.24M
- 24-hour volume
- USD 25.36M
- Circulating supply
- 9B XEM
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