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Buying NEM (XEM) in the UK is now easier than ever with the best in European and international options.
In this article, we will detail how you can purchase NEM (XEM) and other cryptocurrencies from anywhere in the United Kingdom.
You can also learn more about this cryptocurrency by reading 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.
Top Places to Buy NEM (XEM)
A top exchange in the UK, Uphold offers over 80 cryptocurrencies including NEM (XEM). Uphold is serious about abiding with local regulations, and is registered with the Financial Conduct Authority (FCA) under the FCA’s Temporary Registration Regime for cryptoasset firms. They are located in the heart of London with a registered address of Suite A, 6 Honduras Street, London England EC1Y 0TH.
Uphold offers an easy to use desktop trading platform and a mobile app trading that is extremely intuitive. The trading view is completely customizable with the assets that you trade the most and it has a very easy to navigate, and modern feel on both desktop and mobile. It is a very popular and suitable choice, particularly for new traders.
Besides being visibly appealing, the Uphold trading platform allows you to place your trades with great ease. Just a couple of clicks and you can make trades directly from your deposit method without even having to wait for funds to clear to your account. This one-step ordering is another innovation from the company who pride themselves on the usability of their platform. They have also added the ability to execute limit orders.
Uphold Disclaimer: Assets available on Uphold are subject to region. All investments and trading are risky and may result in the loss of capital. Cryptoassets are largely unregulated and are therefore not subject to protection.
Binance is one of the largest and most well-known cryptocurrency exchanges in the world. As a UK 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.
They also offer over 300 of the most popular cryptocurrencies.
BitPanda – They launched in 2014, and quickly established a positive name and reputation for being a great place to easily buy and sell NEM (XEM) in the UK. Since that time they have built on their stellar reputation to expand rapidly to where they now offer trading in a broad range of cryptocurrencies alongside the ability to purchase precious metals and a host of other services.
In total, they offer close to 50 cryptocurrencies you can choose from. This positions them well within the sector particularly among those brokers that facilitate an instant crypto purchase. Included in this range is BEST, a native token that BitPanda themselves has launched.
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 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.
This exchange currently accepts UK 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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