How to Buy Wrapped NXM (WNXM)

A Step-by-Step-Guide on how to buy Wrapped NXM (WNXM)

Step 1 – Join Kraken

You will first need to purchase units of the major currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below to register and to get ETH (Ethereum) or BTC (Bitcoin).

Binance Signup
Step 2 – Transmit Your Ethereum or Bitcoin to an Crypto Exchange

Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Wrapped NXM (WNXM) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this how-to)

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

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are using a decentralized exchange, like Airswap or DDEX could be opposed (Follow our how-to).

Step 3 – Find Wrapped NXM (WNXM)

Once your deposit has been verified, you'll directly have access to your finances and you can begin invest and trading. To invest in Wrapped NXM (WNXM) on Binance, you'll want to hover over the ”Exchange” tab and then click on “Basic”.

In order to discover Wrapped NXM (WNXM), you will need to put the shortname of the coin (WNXM) into the search box, which is marked in the graphic. Make sure you have choosen the proper pairing, we've marked this too. Click on “WNXM/BTC” to progress.

Binance Hot To Buy Wrapped NXM (WNXM)
Binance How to Buy (WNXM) Wrapped NXM
Step 4 – Buying Wrapped NXM (WNXM)

Once you have located Wrapped NXM (WNXM), you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). Next we are making our own Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date tariff Wrapped NXM (WNXM) was sold for. You can change this to your desired rate. The ”Amount” field is the volumen of WNXM you want to purchase. The ”Total” field is the whole price in BTC that you will settle for the complete volumen of WNXM.

When you are glad, make a mouse click on “Buy WNXM”. Your plan will be filled as soon as a Seller sells their WNXM for the price you submitted.

Step 5 – Withdraw Wrapped NXM (WNXM)

Unless you are regularly trading, best advise is not to keep crypto coins on an Exchange for an longer time frame. In order to withdraw your Wrapped NXM (WNXM), go to the ”Funds” tab and mouse click on “Withdraw”. Wrapped NXM (WNXM) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Wrapped NXM (WNXM) by using the given drop-down box. Enter the amount of Wrapped NXM (WNXM) you'd wish to withdraw. Don't forget the shown fees/minimums. Also make sure you have filled your right withdraw address.

If you are happy, make a mouse click on “Submit”. You could be asked for verfication via email/phone before a withdrawal.

Binance Withdraw

Congrats! You've successfully purchased and safed Wrapped NXM (WNXM).

That's it!

Take offs from Cryptocurrency Exchange can durate between 1 – 30 minutes (depending on usage of the network). As soon as you have confirmed your take off with Ethplorer.io or Etherscan.io and the (WNXM) Wrapped NXM is safe in your wallet, you're done.

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