How to Buy NEM (XEM)
Learn all about Buy NEM
Price of NEM Today (24h)$0.0245
-6.48%NEM (XEM) is a token issued on the fantom. Through the collective efforts of the NEM development team and community members, the number of applications supporting XEM has been gradually increasing, demonstrating significant potential within the crypto industry. More and more people are becoming interested in NEM. They wish to invest or purchase NEM (XEM), but may not know how to get started. Here, we will guide you through all the information you need to know about purchasing NEM. Regardless of your location, Bitrue can provide you with a simple and secure way to buy XEM.
Where and how to buy NEM
When it comes to purchasing NEM (XEM), users may focus on various factors, such as cryptographic wallets, on-chain protocols, and other complex operations. Fortunately, Bitrue exchange allows you to buy NEM in a simple and quick manner. Just register through the official website or app, verify your identity, set up your payment methods (such as credit cards/debit cards/bank transfers), or deposit cryptocurrencies to your Bitrue wallet for spot trading. The purchased XEM will be stored in your crypto wallet account to ensure asset security. Below is a step-by-step guide on how to buy NEM (XEM) through Bitrue.
Steps to Buy NEM (XEM)
01Step 1 Create a Bitrue Account
- - Register through the official website, Bitrue.com.
- - Download the Bitrue App and complete the registration process.
- After successfully registering your Bitrue account, follow the security prompts on the website or app to enable Google 2FA for account dynamic verification.
02Step 2 Complete KYC Verification
Visit the identity verification page on the Bitrue official website or app, select your country or region, upload valid identification documents, and submit a selfie. Once the identity verification is successful, you will receive a notification.
03Step 3 Choose the method to Buy NEM (XEM)
Buy NEM Over-the-Counter (OTC)
- 1. Click on "Quick Buy" on the Bitrue official website or app. Choose "Credit Card" or "Bank Transfer" as the payment method.
- 2. Note: Purchasing NEM (XEM) using "Credit Card" or "Bank Transfer" on Bitrue requires user identity verification. Please provide identity verification documents as per our platform's instructions.
- 3. Select NEM (XEM) from the list of cryptocurrencies.
- 4. Enter the quantity of XEM you wish to purchase.
- 5. Connect your credit card or bank account.
- 6. Confirm and complete the payment process.
- 7. Transaction completed.
Buy NEM through Spot Markets
- Note: Currently, the most popular NEM spot trading pairs include XEM/USDT and XEM/USDC. Before purchasing NEM (XEM) in the spot market, please ensure that your Bitrue wallet has a sufficient amount of cryptocurrencies (e.g. USDT, USDC). If your account does not have enough cryptocurrencies, you will need to recharge your Bitrue account.
- 1. Click on "Trade" -> "Spot" on the Bitrue official website or app.
- 2. Select NEM (XEM) from the list of cryptocurrencies.
- 3. Enter the quantity of XEM you want to purchase, either at the market price or set a target price for buying NEM.
- 4. Confirm the purchase order.
- 5. Transaction completed.
- If Bitrue exchange currently does not support the above methods for purchasing NEM (XEM), users can only deposit XEM assets into their Bitrue accounts through a cryptocurrency wallet or choose a decentralized exchange (DEX) that supports XEM trading pairs for purchasing.
04Step 4 Successful Purchase
- The purchased NEM assets are stored by default in your Bitrue cryptocurrency wallet or trading account. You can use Bitrue to trade other cryptocurrencies, stake for passive income, or withdraw it to an external NEM cryptocurrency wallet.
- Note: If you have not received your NEM (XEM), visit the help center or contact online customer support for assistance.
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Alternative methods to acquire NEM
Apart from directly buying NEM (XEM), what are the alternative methods to acquire NEM ?
Fixed Auto-Investment in XEM
Regularly invest a fixed amount at scheduled intervals in NEM (XEM) digital assets, enjoying both short-term returns and long-term benefits.
Staking XEM
Flexible staking of NEM (XEM) digital assets to earn interest or high returns in other cryptocurrencies.
Get NEM (XEM) for free
If you have enough time, you can obtain NEM for free through the following methods:
- Invite friends to join the Bitrue coupon event and earn free NEM (XEM).
- Join the Bitrue Rewards Center, participate in ongoing challenges and airdrops to receive free NEM.
- All cryptocurrency airdrops and rewards can be exchanged for XEM through coin-to-coin exchange or spot trading.
How to keep your NEM safe and secure
Once you have purchased NEM, it is crucial to store it in a secure location. Bitrue is a secure, transparent, technologically stable, and user-friendly cryptocurrency exchange. Bitrue allows you to store NEM and other digital assets in the encrypted wallet of your platform account, enabling you to trade, deposit, and withdraw anytime, anywhere.
If you are highly familiar with operating on-chain NEM wallets, you also have the option to store NEM (XEM) separately in a personal encrypted wallet. This wallet serves to keep your NEM secure and accessible, allowing you to send and receive it while maintaining control.
To ensure the security of your NEM, consider the following types of encrypted wallets:
- Mobile Wallets: Store your private key in an application on your smartphone.
- Web Wallets: Third-party-controlled online servers that store your private key.
- Desktop Wallets: Computer programs that allow you to store your private key on a hard drive.
- Hardware Wallets: Physical devices for offline storage of private keys.
Note: Cryptocurrency wallets do not technically store your NEM encrypted assets. Instead, the assets remain on the blockchain, and access is granted using the digital private keys stored in the wallet.
Why Bitrue is the Best Platform for Buying NEM (XEM)
User-friendly Interface
Trading cryptocurrencies on Bitrue is a breeze, requiring just a few simple steps to instantly purchase NEM.
Swift Deposits and Withdrawals
Our efficient real-time trading system ensures your NEM assets are instantly depositable and withdrawable.
Security and Stability
With dual-factor authentication, multi-signature support, and cold-hot wallet segregation technology, we ensure the systematic security of NEM.
Get XEM with Bitrue
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Some market stats about XEM
Price Analysis
XEMNEM Price Now:
$0.0245-6%24H
NEM is falling this week.
The price of NEM has dropped by -18.33% in the last 7 days. It has seen a -6.48% decrease in the past 24 hours and a 0% increase in just the last hour. The current price is $0.0245 per XEM. NEM is dropped -94.02% from its all-time high of $0.41.
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Calculate the Returns on Your NEM Investment
How much profit would I have if I bought $ worth of NEM in ?
CalculateReturns based on the average NEM price for that year. Not financial advice.
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How to buy other cryptocurrencies
There are lots of ways to buy, swap, and convert crypto. Learn more about how you can do it all using Bitrue with our how to buy crypto guide.
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FAQ About Buy Crypto
What is NEM?
NEM is the world's first Smart Asset blockchain. Built from the ground up for enterprise-grade performance, NEM's blockchain technology delivers a world class platform for management of almost any kind of asset: currencies, supply chains, notarizations, ownership records and more. NEM¡¯S power is exposed through a straightforward and secure developer interface so that you can deploy your blockchain solution in record time. Whether you are building the next best mobile app or bringing blockchain into your existing business infrastructure, NEM makes blockchain work for you. NEM¡¯s Smart Asset system allows anyone to completely customize how they use the NEM blockchain, with a robust set of features including domain-like namespaces and full on-blockchain Multi-signature control. Any application can access these features through NEM¡¯s simple API allowing easy integration within mobile apps, existing business infrastructure or contract logic. The NEM public blockchain provides an open and self-scaling platform for developers.
How many NEM are there in total?
The total supply of NEM is 8,999,999,999 and the Circulating Supply is 8,999,999,999 .
Why are people buying NEM?
People buy NEM for various reasons. Some view it as an investment, expecting its value to increase, while others appreciate its decentralization and anonymity, seeking to avoid restrictions of traditional financial systems. Additionally, NEM serves as a digital asset with transactions independent of central authorities. Overall, motivations for purchasing NEM include investment, risk diversification, and trust in new digital assets.
Where is the preferred place to buy NEM?
Bitrue exchange, with its secure and stable platform, user-friendly interface, low fees, and high liquidity, stands as the best exchange for millions of users to purchase XEM.
Should I buy NEM?
Deciding whether to buy NEM depends on individual financial goals, risk tolerance, and understanding of the digital asset market. NEM investments involve market volatility and risks, so it's advisable to thoroughly understand its characteristics and market conditions before purchasing. If you have investment experience, can withstand price fluctuations, and are willing to accept potential losses, buying NEM (XEM) may be a suitable investment choice. However, remember that all investments come with risks.
Can I use cash to buy NEM?
Generally, buying NEM digital assets by cash is relatively challenging, as most cryptocurrency exchanges prefer electronic payments or bank transfers.
How much does it cost to buy 10 XEM?
To purchase 10 XEM, the cost in USD would be $0.245.
What are the fees for buying NEM?
Bitrue offers the lowest fees across all cryptocurrencies. Check the fee rates for all cryptocurrencies here.
How to use Apple Pay to buy XEM?
Currently, Bitrue does not support purchasing XEM or adding fiat currency using Apple Pay.
How to use Google Pay to buy XEM?
Currently, Bitrue does not support purchasing XEM or adding fiat currency using Google Pay.
What can I do with NEM?
You can use NEM to pay for goods and services, invest, transfer and remit, preserve assets, participate in DeFi, donate, and more.
Can I purchase NEM (XEM) worth 1 US dollar?
In theory, NEM (XEM) can be divided into many units of 1 US dollar each, but on Bitrue, the minimum order amount for XEM is 10 US dollars.
Disclaimer
Cryptocurrency markets are highly volatile and can experience rapid price fluctuations. You are solely responsible for your investment decisions and Bitrue is not liable for any losses you may incur. We rely on third-party sources for price and other data related to the cryptocurrencies listed above, and we are not responsible for its reliability or accuracy. The information provided on this platform and any associated materials are for informational purposes only and should not be considered as financial or investment advice.
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