How to trade NMR coins to others? Graphic tutorial on selling NMR coins

To connect to Numerex's DEX, users can visit their website, create a wallet, fund it with NMR tokens, and locate the NMR/ETH market for trading.

Oct 02, 2024 at 09:41 am

Step 1: Create a Numerex Wallet

• Visit the official Numerex website: https://numerex.com/
• Click on "Create Wallet" and follow the on-screen instructions to create a new wallet.

Step 2: Fund Your Wallet with NMR

• You can purchase NMR on exchanges such as Binance, KuCoin, or Poloniex.
• Transfer the purchased NMR to your Numerex wallet address.

Step 3: Open the Numerex Trading Platform

• Go to the Numerex website and click on "Trading Platform."
• This will open the decentralized exchange (DEX) where you can trade NMR.

Step 4: Locate the NMR/ETH Market

• On the trading platform, locate the NMR/ETH market.
• This market allows you to trade NMR for Ether (ETH), the cryptocurrency used to pay gas fees on the Ethereum network.

Step 5: Create a Sell Order

• Click on the "Sell" button in the NMR/ETH market.
• Enter the amount of NMR you want to sell and the price you want to sell it for.
• Click on the "Sell NMR" button to create the order.

Step 6: Monitor Your Order

• Your sell order will be placed on the order book.
• It will remain there until another trader accepts it and completes the trade.
• You can monitor your order status on the "My Orders" tab.

Step 7: Complete the Trade

• Once a trader accepts your sell order, the trade will be executed.
• The NMR you sell will be sent to the buyer, and your wallet will receive the equivalent amount of ETH.

Step 8: Withdraw Your ETH

• You can withdraw your ETH to an external wallet or exchange by clicking on the "Withdraw" button on the Numerex website.
• Enter the amount of ETH you want to withdraw and the recipient wallet address.