NEM has recently experienced an amazing surge in price that has placed in the top market capitalization 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 teach you how to use the NEM wallet to store and use your XEM tokens. You can also check the "services" tab for additional tools like Multisignature and multi-user accounts, a built-in Changelly exchange and Namespaces and Subdomains.
Part 1 - Download and install the wallet
Step 1: Click here to go to the NEM wallet download page
Step 2: Click “Download the Nano Wallet”
Step 3: Click “Download”
Step 4: Click “Direct Download”
Step 5: Click "No thanks, continue to download"
Step 6: Extract the .zip file
Part 2 - Create a wallet
Step 1: In the extracted folder, click “Start.html” which will open the wallet in a browser window
Step 2: Click “Sign up”
Step 3: Enter your preferred username
Step 4: Enter the password and confirm it
Step 5: Click “Create Wallet”
Step 6: a wallet file with the same name you chose for the wallet will be downloaded which can be used to backup your wallet. You’ll also need your private key, so click “Show private key”
Step 7: Save your private key on a file or piece of paper
Step 8: Confirm that you have downloaded the .wlt file, private key and password
Step 9: Click “I agree”
Part 3 - Login and Receive XEM
Step 1: Now, we’re going to log in, choose which wallet to use
Step 2: Enter your password
Step 3: Click “Sign in”
Step 4: To receive payment, click “Account”
Step 5: And have XEM sent to the address shown. You can give a message as well to identify payments.
Once the transaction arrives, you’ll see it on the dashboard
Part 4 - Send XEM
Step 1: Click “Send”
Step 2: Enter the address or alias you’re sending to
Step 3: Enter the amount
Step 4: Enter your password
Step 5: You may need to enter a message if you’re sending to an exchange for example
Step 6: Click “Send”
If the transaction is successful, you’ll see the following message:
That's it! You can also check the "services" tab for additional tools like Multisignature and multi-user accounts, a built-in Changelly exchange and Namespaces and Subdomains.
- Using Crypto to Bet on Sports with Sportsbet.io Sponsored
- A Look into fast and secure cryptocurrency betting with BetMatch Sponsored
- CRYPTOTAG Review: Securing Your Crypto Like You’ve Got Something To Lose
- What Is Dogecoin (DOGE)?
- What Is Dai Stablecoin?
- What Is Chainlink?
- What Is Basic Attention Token (BAT)?
- What Is VeChain?
- RISE Aims To Take the B2B Blockchain Space By Storm
- What Is NEM (XEM)?
This website is only provided for your general information and is not intended to be relied upon by you in making any investment decisions. You should always combine multiple sources of information and analysis before making an investment and seek independent expert financial advice.
Where we list or describe different products and services, we try to give you the information you need to help you compare them and choose the right product or service for you. We may also have tips and more information to help you compare providers.
Some providers pay us for advertisements or promotions on our website or in emails we may send you. Any commercial agreement we have in place with a provider does not affect how we describe them or their products and services. Sponsored companies are clearly labelled.