A Step-by-Step-Guide on how to buy NEXO (NEXO)
Step 1 – Signup to Kraken You will first need to purchase units of the top-tier currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Follow the Link below for registration and receive Bitcoin or Ethereum.
Step 2 – Transfer Your Bitcoin or Ethereum to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. NEXO (NEXO) is available on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Just follow these easy steps) Make sure you have chosen the right coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Find NEXO (NEXO) Once your deposit has been affirmed, you will instantly have access to your funds and you can launch buying and trading. To invest in NEXO (NEXO) on Binance, you will want to go to the ”Exchange” tab and after that mouse click on “Basic”. To locate NEXO (NEXO), you will need to put the shortname of the coin (NEXO) into the search box, which is marked in the picture. Be certain of having choosen the correct pairing, we have marked this too. Click on “NEXO/BTC” to progress.
Step 4 – Purchasing NEXO (NEXO) Once you've found NEXO (NEXO), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we're making our own Limit Order. The ”Price” field will be filled with the latest rate NEXO (NEXO) was traded for. This can be changed to your desired rate. The ”Amount” field is the amount of NEXO you wish to buy. The field with the “Total” tag is the whole price in BTC that you will pay for the whole amount of NEXO. When you're glad, click on “Buy NEXO”. Your plan will be filled when a Vendor trades their NEXO for the price you gave.
Step 5 – Withdraw NEXO (NEXO) Unless you are regularly trading, you should never keepyour coins on an Crypto Exchange for an extended time period. To withdraw your NEXO (NEXO), go to the tab called “Funds” and mouse click on “Withdraw”. NEXO (NEXO) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate NEXO (NEXO) by using the provided drop-down box. Enter the amount of NEXO (NEXO) you'd like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have filled your right withdraw address. If you are happy, make a mouse click on “Submit”. You may be asked for verfication via email/phone ahead of a take off.