A Step-by-Step-Guide on how to buy Fantom (FTM)
Step 1 – Signup to Coinbase – Get Free $10 You'll first need to purchase one of the bigger coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below to register and to get your first $10.
Step 2 – Transfer Your Bitcoin or Ethereum to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Fantom (FTM) is available on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this manual) Make sure you've chosen the right coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow these easy steps).
Step 3 – Find Fantom (FTM) Once your deposit has been verified, you will directly have access to your assets and you can commence purchasing and trading. To purchase Fantom (FTM) on Binance, you will want to hover over the tab which is called “Exchange” and click on “Basic”. In order to spot Fantom (FTM), you will need to insert the shortname of the coin (FTM) into the search-box, which is marked in the image. Make sure you have selected the correct grouping, we have marked this too. Click on “FTM/BTC” to continue.
Step 4 – Purchase (FTM) Fantom As soon as you have located (FTM) Fantom, you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). Next we're going to make our own Limit Order. The field with the “Price” tag will be filled with the up-to-date valuation (FTM) Fantom was sold for. This can be changed to your desired rate. The ”Amount” field is the amount of FTM you want to purchase. The ”Total” field is the whole price in BTC that you'll settle for the complete amount of FTM. When you're satisfied, make a mouse click on “Buy FTM”. Your order will be filled as soon as a Vendor sells their FTM for the price you offered.
Step 5 – Withdraw Fantom (FTM) Unless you are frequently trading, never keep your crypto on an Crypto Trader for an extended time period. In order to withdraw your Fantom (FTM), go to the ”Funds” tab and mouse click on “Withdraw”. Fantom (FTM) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Fantom (FTM) by using the given drop-down box. Drop in the volumen of Fantom (FTM) you would wish to withdraw. Take into account the displayed minimus/fees. Also make sure you have filled your right withdraw address. If you are happy, click “Submit”. You may be requested for phone/email verification ahead of a withdrawal.