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).
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Wrapped NXM (WNXM) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this manual) Make sure you've selected the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so forth. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our manual).
Step 3 – Find Wrapped NXM (WNXM) As soon as your deposit has been confirmed, you will directly have access to your funds and you can initiate purchasing and trading. To invest in Wrapped NXM (WNXM) on Binance, you will want to go to the ”Exchange” tab and then click on “Basic”. To spot Wrapped NXM (WNXM), you will need to put the short name of the asset (WNXM) into the search box, which is marked in the image. Be certain of having choosen the correct pairing, we have highlighted this too. Click on “WNXM/BTC” to continue.
Step 4 – Purchase Wrapped NXM (WNXM) After you've spotted Wrapped NXM (WNXM), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). Next we are going to make our own Limit Order. The ”Price” field will be automatically filled with the most latest valuation Wrapped NXM (WNXM) was sold for. You can change this to your favoured price. The field with the “Amount” tag is the volumen of WNXM you like to buy. The ”Total” field is the total price in Bitcoin that you'll pay for the complete quantity of WNXM. When you are glad, make a mouse click on “Buy WNXM”. Your plan will be filled when a Vender 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 Cryptocurrency Exchange for an extended period of time. 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, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Wrapped NXM (WNXM) by using the given drop-down box. Drop in the quantity of Wrapped NXM (WNXM) you'd wish to withdraw. Don't forget the presented fees/minimums. Also make sure you have filled your right withdraw address. If you are satisfied, click “Submit”. You could be asked for email/phone verification ahead of a take off.