A Step-by-Step-Guide on how to buy Wrapped NXM (WNXM)
Step 1 – Join CEX.io You will first need to purchase one of the top-tier currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below to register and getting Bitcoin or Ethereum.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Wrapped NXM (WNXM) is obtainable on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this guide) Make sure you've selected the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).
Step 3 – Find Wrapped NXM (WNXM) Once your deposit has been affirmed, you'll immediately have access to your assets and you can commence invest and trading. To buy Wrapped NXM (WNXM) on Binance, you'll want to hover over the ”Exchange” tab and click on “Basic”. In order to find Wrapped NXM (WNXM), you'll need to insert the shortname of the coin (WNXM) into the search box, which is highlighted in the picture. Make sure you have selected the correct grouping, we have highlighted this also. Click on “WNXM/BTC” to progress.
Step 4 – Purchasing Wrapped NXM (WNXM) After you have discovered Wrapped NXM (WNXM), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we are making our own Limit Order. The ”Price” field will be filled automatically with the most latest price Wrapped NXM (WNXM) was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the quantity of WNXM you wish to buy. The field with the “Total” tag is the total price in BTC that you will pay for the complete quantity of WNXM. If you're glad, make a mouse click on “Buy WNXM”. Your order will be filled when a Seller trades their WNXM for the price you gave.
Step 5 – Withdraw Wrapped NXM (WNXM) Unless you're frequently trading, never keep your crypto on an Crypto Exchange for an extensive period of time. To withdraw your Wrapped NXM (WNXM), go to the tab called “Funds” and click on “Withdraw”. Wrapped NXM (WNXM) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Wrapped NXM (WNXM) by using the provided drop-down box. Put into the volumen of Wrapped NXM (WNXM) you would like to withdraw. Don't forget the displayed fees/minimums. Also make sure you have entered your correct withdraw address. When you're glad, make a mouse click on “Submit”. You may be requested for verfication via phone/email ahead of a withdrawal.