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Buying NEM (XEM) in India is now easier than ever with India specific exchanges and international options.
To learn more, make sure to visit 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.
In this article, we will detail how you can purchase NEM (XEM) and other cryptocurrencies from anywhere in India.
Top Places to Buy NEM (XEM) & Crypto in India
WazirX is India's biggest cryptocurrency exchange and they have been in operation since early 2018. If you wish to purchase NEM (XEM) from an Indian exchange then this is the best option.
There are over 100 different crypto trading pairs available through WazirX. This gives them one of the most varied asset selections in the Indian market. Of these pairs, you will find all of the major cryptocurrencies you would expect such as Bitcoin, Ethereum, Ripple, Stellar Lumens, and of course NEM (XEM). This exchange is also part of the Binance Group, which ensures a high standard of quality.
The company promotes access to trading across multiple platforms. This means you will have access to their web-based trading platform available on Windows or Mac devices, and their mobile app which is extremely popular and allows for trading on Android and iOS devices without any loss of functionality.
Transferring INR is easy with the MobiKwik app or instant bank deposit from any bank in India.
Binance is one of the largest and most well-known cryptocurrency exchanges in the world. As an Indian trader, you can also use Binance to purchase NEM (XEM).
This exchange offers great value for you in terms of price and costs. Binance charges between 1% and 3.5% for direct NEM (XEM) purchases using your credit, debit card, or bank transfer, though if you want to buy NEM (XEM) using another crypto the fee can be as low as 0.1% from other traders on the exchange.
The process of getting started is also just as convenient. All you need to do is register with Binance and complete the KYC checks they have in place. For direct NEM (XEM) purchases, they partner with Simplex as a payment provider that also ensures your transactions remain safe and secure. It should take no more than a few minutes to complete your NEM (XEM) purchase with Binance.
Huobi Global was established in 2013, they’ve since become one of the world’s largest digital asset exchanges with an accumulated trading volume of US $1 trillion. Having once accounted for half of the world’s digital asset transactions, Huobi now serves more than 5 million users in over 130 countries around the world including India.
They are one of the top exchanges that currently offers NEM (XEM) trading opportunities to India residents.
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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