How to Buy Nyerium (NYEX)

A Step-by-Step-Guide on how to buy Nyerium (NYEX)

Step 1 – Signup to Kraken

In the beginning you'll need to buy units of the top-tier coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click below to register and getting Funds.

Binance Signup
Step 2 – Send Your Funds to an Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Nyerium (NYEX) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this guide)

Make sure you've selected the precise coin you would like to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you're using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our how-to).

Step 3 – Locate Nyerium (NYEX)

Once your deposit has been approved, you will directly have access to your assets and you can launch buying and trading. To invest in Nyerium (NYEX) on Binance, you'll want to hover over the ”Exchange” tab and after that click on “Basic”.

In order to locate Nyerium (NYEX), you'll need to put the cointype (NYEX) into the search box, which is highlighted in the picture. Make sure you have choosen the right pairing, we have marked this too. Click on “NYEX/BTC” to continue.

Binance Hot To Buy Nyerium (NYEX)
Binance How to Buy (NYEX) Nyerium
Step 4 – Buying Nyerium (NYEX)

As soon as you have spotted Nyerium (NYEX), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the image). Next we are going to create our own Limit Order.

The field with the “Price” tag will be filled with the most latest valuation Nyerium (NYEX) was sold for. This can be changed to your preferred price. The field with the “Amount” tag is the quantity of NYEX you want to purchase. The field with the “Total” tag is the whole price in BTC that you'll pay for the whole quantity of NYEX.

When you're happy, click on “Buy NYEX”. Your order will be filled as soon as a Vendor sells their NYEX for the price you submitted.

Step 5 – Withdraw Nyerium (NYEX)

Unless you are frequently trading, best advise is not to keep your coins on an Crypto Exchange for an extended time frame. In order to take off your Nyerium (NYEX), go to the tab called “Funds” and click on “Withdraw”. Nyerium (NYEX) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Nyerium (NYEX) by using the provided drop-down box. Put into the quantity of Nyerium (NYEX) you would like to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address.

If you're happy, click “Submit”. You may be requested for verfication via phone/email ahead of a withdrawal.

Binance Withdraw

Kudos! You have successfully bought and safed Nyerium (NYEX).

That's it!

Take offs from Crypto Trader can durate between 1 – 30 minutes (rely on usage of the network). As soon as you've confirmed your withdrawal using Ethplorer.io or Etherscan.io and the (NYEX) Nyerium is stored in your wallet, you are finished.

Some other Guides on How to buy Coins

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How to Buy TEAL
How to Buy Coins
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