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).

Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Wrapped NXM (WNXM) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this manual)

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

Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).

Step 3 – Find Wrapped NXM (WNXM)

As soon as your deposit has been verified, you will now have access to your funds and you can begin buying and trading. To invest in Wrapped NXM (WNXM) on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”.

In order to discover Wrapped NXM (WNXM), you will need to put the short name of the asset (WNXM) into the search box, which is marked in the graphic. Be certain of having choosen the proper grouping, we've highlighted this also. Click on “WNXM/BTC” to go on.

Step 4 – Purchasing Wrapped NXM (WNXM)

As soon as you have spotted Wrapped NXM (WNXM), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). Next we are creating our own Limit Order.

The ”Price” field will be filled automatically with the most recent price Wrapped NXM (WNXM) was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the volumen of WNXM you like to buy. The ”Total” field is the total price in BTC that you'll settle for the whole amount of WNXM.

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

Step 5 – Withdraw Wrapped NXM (WNXM)

Unless you're regularly trading, best advise is not to keep your coins on an Crypto Trader for an extensive time frame. In order to take off your Wrapped NXM (WNXM), go to the tab called “Funds” and mouse click on “Withdraw”. Wrapped NXM (WNXM) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Wrapped NXM (WNXM) by using the provided drop-down box. Drop in the amount of Wrapped NXM (WNXM) you'd wish to take off. Don't forget the presented fees/minimums. Also make sure you have filled your correct withdraw address.

When you are glad, make a mouse click on “Submit”. You could be requested for email/phone verification ahead of a take off.