How to Buy Nexus (NXS) ? – A Step by Step Guide to Buying

Buying Nexus is very easy these days. If you want, you can use cash, card – tied PayPal ! however, you still need to follow a few steps to do it – that ’ south why we made this easy tutorial for you ! It is separated into parts – equitable follow the one that matches your buy method .

How to Buy Nexus with Credit Card or Debit Card?

No topic what people say, it ’ s easy to buy Nexus with a credit rating card .
Your first dance step will constantly be buying Bitcoins or Ethereum with your accredit tease. They can then be converted to Nexus.

Follow these steps:

  1. Buy Bitcoin or Etherium at an exchange you like.
  2. Transfer Bitcoin or Etherium to an exchange that supports Nexus currency.
  3. Finally, exchange Bitcoin or Etherium to Nexus.

Please follow our step by step guide bellow to buy Nexus .

1. Create an Account on Coinbase

To buy Ethereum from Coinbase – which you will exchange for Nexus ( NXS ) late – you have to create an account at Coinbase. Click this link here to create an report .

Click ‘ sign up ‘ button and fill out the class. Enter your name ( it has to be precisely the same as it ’ randomness written on your photograph ID ), email, password and placement .
Coinbase is regulated by the US politics and follows rigorous fiscal rules. As such, they have to verify your identity. It takes some time and effort, however, this makes Coinbase the repute of the must trustworthy way to convert regular currency into cryptocurrency .

Verify The Coinbase Account

Since Coinbase needs to verify your account, you have to give them your call number, upload an effigy of your photograph ID and verify your circuit board ( credit or debit ) or back report. lone then will you be able to buy cryptocurency .
If you use a card on Coinbase, your fees will be higher, but your purchases will be moment. It is cheaper to use bank transfers, but it is slow – it can take up to a week to get your coins .
When your requital details are verified, click ‘ buy/sell ’ button on the top menu .
Select ‘ Ethereum ’, and enter how much money you want to spend/how many coins you want to buy in the windows on the buttocks of the page .
once you have done that, click the ‘ Buy ‘ release .

You will nowadays have to confirm you buy .
Do this by pressing the ‘ Confirm Buy ‘ button .
You now own some Ethereum. However, don’t close Coinbase yet – we’re going to use it later!

2. Exchange your Ethereum for Nexus (NXS)

As we mentioned, you need to exchange your Etherium to Nexus. In our tutorial, we ’ rhenium going to use Binance as the web site to exchange Ethereum for Nexus .
Click this connection to go to Binance, then click ‘Register’ on the top right .

3. Create an Account on Binance

To register, you must enter your e-mail and a password ( stronger passwords are better ). Verify that you ’ re not a bot, tick “ I agree to Binance ’ s Terms of Use ” and click ‘Register’.

An electronic mail will be sent to confirm your e-mail cover. Click the radio link in the electronic mail to proceed .

Clicking the connect will take you back to Binance and confirm your e-mail address. Press ‘Login’. You will now be taken to a log in phase. Enter the e-mail address you used to sign up and the password, then weigh ‘ Login. ’

A pop-up book will show up to advise you to set up 2FA – two-factor authentication – on your explanation .
Do this to protect your money – even if a hacker gets your Binance password, the second grade of confirmation will about surely prevent him from getting into your account .
Our recommendation is to use Authy app available on your smartphone or vane browser .

4. Get Ready To Transfer Ethereum from Coinbase to Binance

Hover the sneak cursor over ‘ FUNDS ’ on the crown menu, then cluck ‘ Deposits ’ .
The fresh riddle will show how many coins you have stored on Binance – presently, you have none .
Type ‘Ethereum’ in the search box.

Find Ethereum in this list .
Click ‘Deposit’
You will be given a farseeing string of numbers and letters – this is your Ethereum depository address .
copy this address and save it/write it down somewhere condom. You ’ re going to need it soon .
Note: Make sure that you very selected Ethereum ( ETH ) – sending your coins to the wrong wallet will destroy them. if you send your coins to the wrong wallet you will lose them .

5.Transfer Ethereum From Coinbase To Binance

Get back to Coinbase. If you followed our advice, it should still be open.

Click ‘ Accounts ’ from the lead menu browning automatic rifle and find your Ethereum wallet on the leave .
Click ‘Send’.

Paste/write in the Ethereum wallet address from Binance into the ‘Recipient’ box .
In sum box, type in the amount of Ethereum you want to transfer ( if you want to send it all, use the ‘ manipulation soap ’ choice ) .
Click ‘Continue’.
Coinbase can ask your for a confirmiation via password/phone. Follow the instructions and Coinbase will confirm that the Ethereum coins are sent .

You will have to wait for a few minutes for the Ethereum coins to be move to Binance .
normally, it takes between 20 and 60 minutes for coins to appear in your Binance wallet. This depends on network load and it might take longer during busy times. Don ’ thymine panic .
Binance will update automatically – you don ’ t need to refresh the foliate .

6. Exchange Ethereum for Nexus (NXS)

once the Ethereum shows up in your ‘ available balance ’ on Binance, you are read to exchange/trade it for Nexus .
Click this liaison to go straight to straight to the NXS/ETH central on Binance .

Do not be alarmed ! not everything on the substitute page is important to us. We are only going to use a belittled share of it .
You can buy coins in two ways:
‘Limit’ order:  you can set the price at which you want to buy NXS yourself .
‘Market’ buy: fills out your order at the best price available mechanically .
market buy is more childlike, so we are going to use that .
Find the big fleeceable ‘ Buy NXS ’ push button .
Click the ‘ Market ’ option in the window above the button .
Fill in the measure of NXS you want to buy into the input box labeled ‘ Amount. ’ You can use the percentage buttons under the box to make the work easier. For exemplar, if you want to trade 50 % of your Ethereum for NXS, click the 50 % button .
once you have entered the measure you want in the box, press the buy push button .
Your order will be carried out immediately .

7. Check Your Nexus (NXS) Balance

You should now click ‘ Funds ‘ in the menu bar on the top, then go to ‘ Balances ’ .
Type NXS in the search box. This will display the amount of NXS in you now have in your NXS Binance wallet .

You can now leave your coins on Binance, where they should be sanely safe. however, commute locate hacks happen and people get robbed of their money. We recommend keeping your coins in a personal wallet .

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Frequently Asked Questions

Can I Buy Nexus With PayPal?

You can not directly buy Nexus with PayPal at this time. If you wish to use PayPal, you will have to buy bitcoin inaugural and then exchange bitcoins for NXS by using a service like Binance .

Can I Buy NXS With Cash?

You can not immediately buy Nexus with cash. even if some ATMs digest Nexus, they are less than 1 % of all cryptocurrency ATMs .
If you want to buy with cash, you will have to buy bitcoin first and then exchange bitcoins for NXS using a service like Binance .

Can I Buy Nexus With Bitcoin?

Yes, you can do that well by using Binance to exchange bitcoins for Nexus .

Can I Buy NXS With Skrill

Europeans can use BitPanda to buy bitcoins or ethereum with Skrill. Ethereum or BTC can then be converted into Nexus on Binance .

Can I Buy Nexus With Ethereum

Yes, you can do that easily by using Binance to exchange Ethereum for Nexus .

Which is the best payment method to use?

The cheapest manner to do it is to buy bitcoins with bank account ( or Nexus directly with savings bank report ) and exchange the BTC for Nexus .
The fastest manner is to buy Nexus with a accredit tease, but you will be charged higher fees.

How Can I Protect NXS Once I Purchase It?

You should store your Nexus in a fasten wallet. Leaving Nexus on an exchange barely puts you at risk of losing money if the change gets hacked. Your account could besides get hacked, which is why it ’ randomness crucial to use 2FA .

How Can I Sell Nexus (NXS)?

Binance and Changelly are good places to exchange your NXS to any other cryptocurrency. If you want to exchange it to regular currency, trader NXS for bitcoin and commute BTC into dollars, euro, or other currencies .

Can I Mine Nexus Instead Of Buying It?

You can not mine Nexus as it has a different network structure than Bitcoin. You can only purchase Nexus from an exchange .

source : https://ontopwiki.com
Category : Finance

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