A Step-by-Step-Guide on how to buy Factom (FCT)
Step 1 – Signup to CEX.io You'll first need to buy one of the top-tier coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below for registration and to get your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Factom (FCT) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow these easy steps) Make sure you've selected the right coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our manual).
Step 3 – Locate Factom (FCT) As soon as your deposit has been affirmed, you will immediately have access to your assets and you can begin purchasing and trading. To buy Factom (FCT) on Binance, you will want to go to the tab which is called “Exchange” and mouse click on “Basic”. In order to find Factom (FCT), you will need to put the cointype (FCT) into the search-box, which is highlighted in the picture. Make sure you have choosen the right pairing, we've highlighted this too. Click on “FCT/BTC” to go ahead.
Step 4 – Acquisition of (FCT) Factom After you have located (FCT) Factom, you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). And now we're going to make our Limit Order. The field with the “Price” tag will be automatically filled with the up-to-date price (FCT) Factom was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the volumen of FCT you like to buy. The field with the “Total” tag is the whole price in BTC that you'll settle for the complete volumen of FCT. When you are satisfied, click on “Buy FCT”. Your plan will be filled when a Vender sells their FCT for the price you gave.
Step 5 – Withdraw Factom (FCT) Unless you're regularly trading, never keep your crypto on an Cryptocurrency Exchange for an extensive period of time. In order to take off your Factom (FCT), hover over the tab called “Funds” and mouse click on “Withdraw”. Factom (FCT) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Factom (FCT) by using the provided drop-down box. Drop in the quantity of Factom (FCT) you'd like to take off. Take into account the displayed fees/minimums. Also make sure you have entered your precise withdraw address. When you're happy, click “Submit”. You may be requested for email/phone verification ahead of a take off.