A Step-by-Step-Guide on how to buy Numeraire (NMR)
Step 1 – Signup to Kraken You will first need to purchase one of the top-tier currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below to register and receive Funds.
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Numeraire (NMR) is obtainable on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide) Make sure you have selected the exact coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our guide).
Step 3 – Locate Numeraire (NMR) Once your deposit has been affirmed, you'll immediately have access to your funds and you can launch invest and trading. To buy Numeraire (NMR) on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”. To locate Numeraire (NMR), you will need to put the cointype (NMR) into the search box, which is highlighted in the picture. Make sure you have choosen the correct grouping, we have highlighted this also. Click on “NMR/BTC” to advance.
Step 4 – Purchasing Numeraire (NMR) Once you have discovered Numeraire (NMR), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we're creating our own Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date valuation Numeraire (NMR) was traded for. This can be changed to your preferred rate. The ”Amount” field is the amount of NMR you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the complete amount of NMR. When you are satisfied, make a mouse click on “Buy NMR”. Your plan will be filled as soon as a Vender sells their NMR for the price you gave.
Step 5 – Withdraw Numeraire (NMR) Unless you are regularly trading, best advise is not to keep your crypto on an Crypto Trader for an longer time period. To take off your Numeraire (NMR), hover over the tab called “Funds” and mouse click on “Withdraw”. Numeraire (NMR) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Numeraire (NMR) by using the provided drop-down box. Drop in the volumen of Numeraire (NMR) you would like to take off. Don't forget the demonstrated minimus/fees. Also make sure you have filled your right withdraw address. When you are happy, click “Submit”. You could be requested for verfication via email/phone ahead of a withdrawal.
Congrats! You've successfully purchased and safed Numeraire (NMR).That's it! Take offs from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you've confirmed your withdrawal with Ethplorer.io or Etherscan.io and the (NMR) Numeraire is stored inside your wallet, you're all done.
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