Buy NEM or XEM Crypto currency by professional Forex trading experts the “ForexSQ” FX trading team, Finding out everything you need to know about how to Buy NEM or XEM Cryptocurrency.
How To Buy NEM or XEM Cryptocurrency?
Launched in March 2015, NEM is a Next Generation Blockchain platform for payments, messaging, custom assets, and more.
Minimal transaction time is one of the most important advantages of this cryptocurrency. A NEM transaction takes just 1 minute to complete, which makes it up to 100 times faster than Bitcoin.
XEM is the standard currency of NEM. You can either buy it with fiat currency or with some of the most popular digital assets such as Bitcoin and Ethereum.
Buy XEM with crypto
Not many exchanges allow the purchase of XEM directly with traditional currencies. However you can use Bitcoin (BTC) or Ethereum (ETH) to get some NEM and later exchange the BTC or ETH to XEM. To that end, you may register at Coinbase, Poloniex, Bittrex, Changelly, and a lot more. We strongly recommend Coinbase, as it is a big exchange that accepts credit cards and charges card payments with only 4%.
Buy XEM with fiat
You can use Zaif, LiveCoin, YoBit, LiteBit and Exrates to get XEM via some convenient payment methods.
Zaif is a Japanese exchange that accepts payments with Visa and MasterCard credit cards. There are, however, a few limitations – Zaif unly supports JPY and the cards have to be issued by a Japanese bank.
Exrates, on the other hand, supports a lot of fiat currencies, so you can buy NEM with USD, EUR, CNY, IDR, NGN, TRY, AED.
LiveCoin allows trading of NEM against BTC, ETH and USD. It supports bank transfers, Perfect Money (for EUR and USD only) and the Capitalist, OKPay, Payeer and Advcash online payment platforms.
The Dutch exchange LiteBit accepts bank transfers, GiroPay, Sofort and iDeal.
XEM wallets
Keeping your coins on an exchange might not be such a good idea. It is not rare that such platforms are hacked, and you may lose your tokens. We suggest that you use NEM Nano Wallet desktop client from nem.io to store your XEM.
The NEM wallet has the ability to run on any operating system supporting Java, such as Windows, Linux, or Mac OSX. NEM also offers a Standalone lightwallet does not require downloading the entire blockchain.
Trade XEM with safe and secure broker
In case you don’t have want to mess about with digital wallets, long alphanumeric addresses and confusing web platforms, you can try out trading in cryptocurrencies with a forex broker. Unlike the majority of exchanges, most brokers are regulated, and many of them offer trading in Bitcoin, as well as other altcoin CFDs. Unfortunately, currently there aren’t any brokers that offer trading in XEM.
To buy the coin you can sign up with a cryptocurrency broker, you can use Plus500, XM, eToro, Fxpro or AvaTrade crypto currency brokers.
How to Buy NEM or XEM Cryptocurrency Conclusion
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