A Step-by-Step-Guide on how to buy Fantom (FTM)
Step 1 – Signup to CEX.io You will first need to purchase one of the bigger currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below for registration and receive your Ethereum or Bitcoin.
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your Ethereum or Bitcoin will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Fantom (FTM) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Follow these easy steps) Make sure you've selected the exact coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're using a decentralized exchange, like Airswap or DDEX could be opposed (Follow our manual).
Step 3 – Find Fantom (FTM) Once your deposit has been approved, you'll now have access to your assets and you can launch invest and trading. To invest in Fantom (FTM) on Binance, you'll want to hover over the ”Exchange” tab and mouse click on “Basic”. To locate Fantom (FTM), you'll need to put the cointype (FTM) into the search-box, which is highlighted in the graphic. Be certain of having selected the right pairing, we've highlighted this too. Click on “FTM/BTC” to go ahead.
Step 4 – Buying Fantom (FTM) As soon as you've found Fantom (FTM), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). Next we are going to make our Limit Order. The field with the “Price” tag will be filled with the most up-to-date price Fantom (FTM) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the quantity of FTM you like to buy. The field with the “Total” tag is the total price in BTC that you will pay for the complete quantity of FTM. If you're happy, click on “Buy FTM”. Your plan will be filled when a Vender trades their FTM for the price you offered.
Step 5 – Withdraw Fantom (FTM) Unless you're regularly trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an extended time period. In order to take off your Fantom (FTM), go to the tab called “Funds” and click on “Withdraw”. Fantom (FTM) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Fantom (FTM) by using the given drop-down box. Drop in the amount of Fantom (FTM) you would wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address. When you're glad, make a mouse click on “Submit”. You may be asked for verfication via email/phone ahead of a withdrawal.