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 – Send Your Bitcoin or Ethereum to an Exchange

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Wrapped NXM (WNXM) is accessible on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow these easy steps)

Make sure you've chosen the exact coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etcetera. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).

Step 3 – Find Wrapped NXM (WNXM)

Once your deposit has been approved, you will now have access to your funds and you can launch buying and trading. To invest in Wrapped NXM (WNXM) on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”.

In order to find Wrapped NXM (WNXM), you'll need to insert the short name of the asset (WNXM) into the search-box, which is marked in the graphic. Make sure you have choosen the correct grouping, we've highlighted this too. Click on “WNXM/BTC” to progress.

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

After you have found Wrapped NXM (WNXM), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we are creating our own Limit Order.

The ”Price” field will be filled with the most latest rate Wrapped NXM (WNXM) was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the quantity of WNXM you want to purchase. The ”Total” field is the total price in Bitcoin that you will settle for the complete quantity of WNXM.

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

Step 5 – Withdraw Wrapped NXM (WNXM)

Unless you're frequently trading, best advise is not to keep coins on an Crypto Exchange for an extensive time period. To withdraw your Wrapped NXM (WNXM), hover over the tab called “Funds” and click on “Withdraw”. Wrapped NXM (WNXM) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find Wrapped NXM (WNXM) by using the given drop-down box. Drop in the volumen of Wrapped NXM (WNXM) you'd wish to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your right withdraw address.

When you are satisfied, make a mouse click on “Submit”. You could be requested for phone/email verification before a withdrawal.

Binance Withdraw

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

That's it!

Withdrawals from Cryptocurrency Exchange can durate between 1 – 30 minutes (rely on usage of the network). As soon as you have proved your take off with Ethplorer.io or Etherscan.io and the (WNXM) Wrapped NXM is stored inside your wallet, you're all done.
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