Access NEM's Asia-focused enterprise blockchain heritage instantly. Generate a secure payment reference and pay via your Portuguese bank app or any ATM using Multibanco. Enjoy live exchange rates and receive XEM straight to your own wallet in about a minute.
How to buy NEM (XEM) with Multibanco on Switchere
Why buy NEM (XEM) with Multibanco on Switchere
Secure Reference Payments
Generate a secure Multibanco entity and reference code. Pay via your trusted banking app or any ATM in Portugal without sharing card details online.
Fast On-Chain Delivery
NEM's unique Proof-of-Importance consensus ensures rapid processing. After your Multibanco transfer clears, your XEM is delivered directly to your wallet in just about a minute.
True Asset Ownership
We send crypto to your non-custodial wallet so you can instantly explore harvesting or multisignature accounts. You always maintain full control over your digital assets.
Transparent Pricing
Experience a clean fiat-to-crypto on-ramp with zero hidden costs. The exact XEM exchange rate and service fee are always displayed upfront before you confirm.
Buy NEM (XEM) with Multibanco from your phone
Download the Switchere app for iOS or Android to purchase XEM on the go. Generate a Multibanco reference from your phone and complete the payment using your preferred banking app in Portugal.
Our interface clearly displays the live exchange rate and service fee before you commit to buying, ensuring you always know the exact crypto amount.
Create a reference with a few taps, pay via your local banking app, and receive your XEM directly to your secure wallet without needing a computer.
Frequently asked questions
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Can I buy NEM (XEM) with Multibanco on Switchere?
Yes, Portuguese residents can easily purchase XEM using Multibanco. Simply select it at checkout to generate a unique entity and reference number, then pay via your home banking app or any ATM. -
Why use Multibanco to buy XEM instead of a card?
Multibanco lets you buy XEM directly in EUR from your Portuguese bank account. You don't need to type any card details online, offering enhanced privacy and seamlessly connecting to your existing banking setup. -
How long until I receive XEM?
Once your Multibanco payment is processed, XEM is delivered directly to your provided address. Because NEM utilizes a fast Proof-of-Importance consensus, the on-chain transfer takes just about a minute to confirm. -
What does it cost?
Switchere shows the transparent service fee and live exchange rate upfront. What you see is exactly what you get. Plus, active users can save up to 45% on fees through our loyalty program. -
Are there limits?
Yes, your purchase limits depend on your current KYC verification tier. Advancing to higher tiers unlocks greater transaction ceilings for XEM, whether you want to explore harvesting or secure multisignature accounts. -
What if my Multibanco payment remains pending?
Most Multibanco transactions settle quickly. If your order is pending, your bank may be processing the reference payment. Reach out to our 24/7 support team if the delay takes longer than expected.