NEM has recently experienced an amazing surge in price that has placed in the top market capitalizations in crypto. However, it is still hard to buy the NEM (XEM) token especially since it is not available in any popular fiat-enabled exchange yet.
Today, we’re going to tech you how to buy NEM with Bitcoin. If you don’t have BTC and don’t know how to buy it, click here to learn how.
Part 1 - Create an account with Poloniex
Step 1: Click here to go to Poloniex
Step 2: Click “Create your account” to singup
Step 3: Enter your personal details
Step 4: Solve the captcha
Step 5: Agree to the Terms and Conditions
Step 6: Click “Create account”
Step 7: You’ll be sent a confirmation email. Click the link within to confirm your account
Step 8: Enter your username and password
Step 9: Solve the captcha
Step 10: Click “Sign in”
Part 2 - Deposit Bitcoin
Step 1: Once you’ve logged in, move your mover over “Balances”
Step 2: A submenu will appear, click “Deposits and Withdrawals"
Step 3: Search for Bitcoin
Step 4: Click “Deposit”
Step 5: Send the amount of BTC you want to spend to the address shown
Part 3 - Buy XEM
Step 1: Once your BTC deposit arrives, click “Exchange”
Step 2: Then, on the BTC markets, choose XEM. You can use the search bar if you have trouble finding it
Step 3: Below the chart, on the left side, enter the price you want to buy NEM (XEM) for
You can click “Lowest ask” (1) or “Highest Bid” (2) to enter the price accordingly
You can also check the order book below
Step 4: Once you’ve entered the price, enter the amount of XEM you want to buy
Step 5: Click “Buy”
You can check your open orders by clicking “Orders” on the top menu
After buying NEM, you can store in in one of the NEM official wallets.