A Step-by-Step-Guide on how to buy Jem (JEM)
Step 1 – Join Kraken You'll first need to purchase units of the major coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click the button below to register and to get Funds.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Jem (JEM) is accessible on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Just follow this manual) Make sure you've chosen the exact coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow these easy steps).
Step 3 – Find Jem (JEM) As soon as your deposit has been affirmed, you'll now have access to your assets and you can begin buying and trading. To purchase Jem (JEM) on Binance, you'll want to go to the ”Exchange” tab and then click on “Basic”. In order to locate Jem (JEM), you'll need to insert the shortname of the coin (JEM) into the search box, which is marked in the graphic. Be certain of having selected the correct grouping, we have highlighted this also. Click on “JEM/BTC” to progress.
Step 4 – Buying Jem (JEM) Once you've discovered Jem (JEM), you will be presented with a Chart with Prices (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 valuation Jem (JEM) was sold for. You can change this to your favoured rate. The ”Amount” field is the amount of JEM you like to buy. The ”Total” field is the whole price in Bitcoin that you'll pay for the whole volumen of JEM. If you are happy, click on “Buy JEM”. Your order will be filled when a Vender sells their JEM for the price you gave.
Step 5 – Withdraw Jem (JEM) Unless you are frequently trading, never keep your crypto coins on an Cryptocurrency Exchange for an longer time frame. In order to withdraw your Jem (JEM), hover over the tab called “Funds” and click on “Withdraw”. Jem (JEM) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Jem (JEM) by using the given drop-down box. Put into the amount of Jem (JEM) you would like to take off. Take into account the presented fees/minimums. Also make sure you have entered your correct withdraw address. When you are happy, click on “Submit”. You may be requested for verfication via email/phone ahead of a take off.