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How to Buy namecoin With PayPal: Complete Beginner’s Guide

Right here’s how you can purchase namecoin (NMC):

  1. Get a namecoin wallet (Ledger Nano S, TREZOR)
  2. Get your NMC address
  3. Go to Coinbase
  4. Purchase NMC through a paypal or creditcard or a wiretransfer
  5. Send the NMC to your address

Step #1 – Get a namecoin Wallet

As a way to retailer your NMC you’ll need a wallet that may hold them. There’s a variety of wallets that help namecoin, nonetheless just a few respected wallets supports each namecoin and different cryptocurrencies. Ledger presents two fashions of safe {hardware} wallets that may hold NMC . For those who’re searching for a wallet that may hold NMC together with different cryptocurrencies, together with Bitcoin, Ethereum, and Ripple you gained’t discover a better choice. These pocket-sized {hardware} wallet are basically un hack able, and their user-friendly nature makes for a cheerful crypto life. The 2 available models are the Ledger Nano S and Ledger Nano X (mobile compatible).

Ledger Nano X

Step #2 – Buy namecoin with PayPal

Like many different alt coins, for the time being there isn’t a method to buy namecoin

Cryptocurrency coins with a creditcard, debit card or PayPal.

Once more,  the best way to get your hand on some NMC is to first head over to Coinbase. the place you should buy Bitcoin, Litecoin, or Ethereum.

To get started Click Here to get $10 Fee Bitcoin

coinbase

Step #3 – Use (Bitcoin-Ethereum-Litecoin) to Purchase namecoin

You’ll then use the bought BTC, LTC or ETH to buy namecoin . Firstly you’ll have to select a exchange that holds NMC similar to Binance.

You send the currency from coinbase to the exchange of choice utilizing a unique Deposit Address

as soon as sent It often takes a short while for the currency to land within the account, 10 minutes to half an hour (depending on the currency and the exchange used)

As soon as there you’ll then be capable of select the right buying and selling pair depending on which coin you bought from coinbase. BTC/NMC , ,LTC/NMC or ETH/NMC

binance

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