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 – Transmit Your Funds to an Cryptocurrency Exchange Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Numeraire (NMR) is available on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to) Make sure you have selected the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. If you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Find Numeraire (NMR) Once your deposit has been verified, you'll directly have access to your funds and you can commence purchasing and trading. To buy Numeraire (NMR) on Binance, you'll want to go to the ”Exchange” tab and then mouse click on “Basic”. To spot Numeraire (NMR), you'll need to put the cointype (NMR) into the search-box, which is marked in the image. Be certain of having selected the right grouping, we have marked this too. Click on “NMR/BTC” to progress.
Step 4 – Purchasing Numeraire (NMR) Once you've spotted Numeraire (NMR), you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). Next we are going to create our Limit Order. The ”Price” field will be automatically filled with the most recent tariff Numeraire (NMR) was traded for. You can change this to your desired price. The field with the “Amount” tag is the quantity of NMR you wish to purchase. The ”Total” field is the aggregated price in BTC that you'll pay for the complete quantity of NMR. When you're happy, click on “Buy NMR”. Your order will be filled as soon as a Seller trades their NMR for the price you gave.
Step 5 – Withdraw Numeraire (NMR) Unless you're trading, best advise is not to keep crypto coins on an Exchange for an longer time period. To take off your Numeraire (NMR), hover over the ”Funds” tab and click on “Withdraw”. Numeraire (NMR) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Numeraire (NMR) by using the given drop-down box. Enter the quantity of Numeraire (NMR) you'd wish to take off. Take into account the displayed fees/minimums. Also make sure you have entered your precise withdraw address. When you're glad, make a mouse click on “Submit”. You may be requested for verfication via email/phone ahead of a withdrawal.