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 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange

Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Wrapped NXM (WNXM) is available on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow these easy steps)

Make sure you have chosen the correct coin you want to deposit.

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

Step 3 – Find Wrapped NXM (WNXM)

Once your deposit has been verified, you will now have access to your funds and you can launch invest and trading. To buy 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 insert the shortname of the coin (WNXM) into the search box, which is highlighted in the picture. Make sure you have selected the right pairing, we have highlighted this too. Click on “WNXM/BTC” to advance.

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

As soon as you've located Wrapped NXM (WNXM), you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we are going to make 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 favoured price. The ”Amount” field is the amount of WNXM you wish to buy. The field with the “Total” tag is the aggregated price in BTC that you will settle for the complete volumen of WNXM.

When you're glad, click on “Buy WNXM”. Your order will be filled when a Seller trades their WNXM for the price you submitted.

Step 5 – Withdraw Wrapped NXM (WNXM)

Unless you're frequently trading, you should never keepyour crypto coins on an Crypto Trader for an longer time period. To take off 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 example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Wrapped NXM (WNXM) by using the given drop-down box. Drop in the volumen of Wrapped NXM (WNXM) you'd wish to take off. Take into account the displayed fees/minimums. Also make sure you have entered your precise withdraw address.

When you are satisfied, click on “Submit”. You may be asked for verfication via email/phone ahead of a take off.

Binance Withdraw

Kudos! You have successfully purchased and stored Wrapped NXM (WNXM).

That's it!

Take offs from Exchange can take between 1 – 30 minutes (depending on network usage). Once you've proved your take off using Ethplorer.io or Etherscan.io and the (WNXM) Wrapped NXM is safe within your wallet, you are done.

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