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Buying NEM (XEM) in Australia is now easier than ever, in this article, we will detail how you can purchase NEM (XEM) and other cryptocurrencies from any state in Australia.
If you would like to learn more about this cryptocurrency please view our Investing in NEM guide.
How to Buy NEM (XEM) in 4 Steps
The whole process can take as little as 10 minutes and all you'll need is a smartphone or computer, photo identification and a means of payment.
- Compare Crypto Exchanges – We list the top cryptocurrency exchanges that offer the ability to buy NEM (XEM) cryptocurrency.
- Create an account – Verify your email address and identity.
- Make a deposit – Debit Card, Credit Card, Wire Transfer, or Bitcoin.
- Buy NEM – Use your funds to Buy XEM.
Best Brokers to Buy NEM (XEM) in Australia
Since being founded in 2017 by Changpeng Zhao, Binance has become one of the most reputed cryptocurrency exchanges in the world. They are regulated in Malta and trusted by traders around the world on a daily basis with a huge volume of transactions.
As they continue to evolve their offering to meet trader needs, you can now buy NEM (XEM) in Australia instantly and directly from Binance using your credit, debit card or number of other safe payment methods. You will find the fees for this style of crypto purchase are a little higher than their industry-leading exchange fees, but they still rank among the best for value. You can expect a transaction fee of 1.5%-3.5% depending on the payment method you use.
The sign-up and verification process at Binance is also one of the fastest and most convenient in the sector. Within just a few minutes the needed documents can be electronically uploaded and automatically verified for you to start trading. As one of the biggest names around, you can look forward not only to buying Bitcoin but also hundreds of other cryptocurrencies in a selection that is growing all the time. Also offered is their own hugely popular Binance Coin (BNB).
At Binance you will also find: More than 300 cryptocurrencies including major cryptos and altcoins with more being offered all the time. If you believe you may be interested in purchasing additional tokens, this is the best exchange in the world.
KuCoin is a well-known name in the industry, and one of the most competitive in the sector when it comes to fees and trading costs. The exchange has grown exponentially from the early days of offering only crypto to crypto trading and they now offer a varied range of services including a P2P exchange capability, and purchasing with credit or debit cards.
They were one of the first exchanges to add support for the Australian Dollar in early 2020. They currently offer NEM (XEM) cryptocurrency trading as well as over 300 other popular tokens. They are often the first to offer buying opportunities for new tokens.
Easy Crypto was founded in 2017 and features a beginner-friendly and easy to use platform that enables users to quickly choose from 140+ cryptocurrencies including NEM (XEM). They offer multiple payment options including POLi payments, or to transfer funds from your Australian bank account you can use Account2Account, OSKO or a bank deposit.
Easy Crypto is regulated and is registered as a Digital Currency Exchange in Australia with AUSTRAC Registration: DCE100581366-001.
Daniel is a big proponent of how blockchain will eventually disrupt big finance. He breathes technology and lives to try new gadgets.
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