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 Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency 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 funds from Coinbase to an Cryptocurrency Exchange? (Follow this guide) Make sure you've selected the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Find Fantom (FTM) As soon as your deposit has been affirmed, you'll instantly have access to your funds and you can start purchasing and trading. To invest in Fantom (FTM) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”. In order to spot Fantom (FTM), you will need to put the short name of the asset (FTM) into the search-box, which is marked in the image. Make sure you have selected the correct pairing, we have highlighted this also. Click on “FTM/BTC” to go ahead.
Step 4 – Acquisition of Fantom (FTM) As soon as you have located Fantom (FTM), 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). For now we're going to make our own Limit Order. The ”Price” field will be filled with the most up-to-date tariff Fantom (FTM) was sold for. You can change this to your favoured price. The field with the “Amount” tag is the volumen of FTM you want to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the complete quantity of FTM. If you're glad, make a mouse click on “Buy FTM”. Your order will be filled when a Vender sells their FTM for the price you offered.
Step 5 – Withdraw Fantom (FTM) Unless you are frequently trading, never keep your crypto on an Exchange for an extensive time frame. To take off your Fantom (FTM), go to the ”Funds” tab and mouse click on “Withdraw”. Fantom (FTM) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Fantom (FTM) by using the provided drop-down box. Enter the volumen of Fantom (FTM) you would like to take off. Take into account the presented minimus/fees. Also make sure you have filled your right withdraw address. If you are glad, make a mouse click on “Submit”. You could be asked for verfication via phone/email ahead of a withdrawal.