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How to Buy Fedoracoin (TIPS)

A Step-by-Step-Guide on how to buy Fedoracoin (TIPS)

Step 1 – Join CEX.io

In the beginning you'll need to purchase one of the bigger coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below to register and to get your Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Fedoracoin (TIPS) is accessible on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Follow this guide)

Make sure you have chosen the exact coin you wish to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).

Step 3 – Find Fedoracoin (TIPS)

Once your deposit has been affirmed, you'll immediately have access to your funds and you can begin purchasing and trading. To purchase Fedoracoin (TIPS) on Binance, you will want to go to the ”Exchange” tab and after that click on “Basic”.

In order to locate Fedoracoin (TIPS), you will need to put the shortname of the coin (TIPS) into the search box, which is marked in the graphic. Be certain of having choosen the right grouping, we have highlighted this too. Click on “TIPS/BTC” to progress.

{How to buy Coin on Binance 1|Binance How To Buy 1} Fedoracoin (TIPS)
Step 4 – Purchasing Fedoracoin (TIPS)

As soon as you've spotted Fedoracoin (TIPS), you'll be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). And now we are creating our own Limit Order.

The ”Price” field will be automatically filled with the most recent rate Fedoracoin (TIPS) was traded for. This can be changed to your preferred price. The ”Amount” field is the quantity of TIPS you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you will settle for the complete amount of TIPS.

If you are glad, click on “Buy TIPS”. Your order will be filled when a Vendor trades their TIPS for the price you introduced.

Step 5 – Withdraw Fedoracoin (TIPS)

Unless you are frequently trading, you should never keepyour crypto coins on an Crypto Trader for an longer time frame. To withdraw your Fedoracoin (TIPS), go to the tab called “Funds” and mouse click on “Withdraw”. Fedoracoin (TIPS) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find Fedoracoin (TIPS) by using the given drop-down box. Put into the amount of Fedoracoin (TIPS) you would wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have entered your right withdraw address.

When you're satisfied, click “Submit”. You may be asked for phone/email verification ahead of a withdrawal.

Congrats! You have successfully bought and stored Fedoracoin (TIPS).

That's it!

Take offs from Crypto Trader can durate anywhere from 1 – 30 minutes (rely on network usage). As soon as you've proved your withdrawal with Etherscan.io or Ethplorer.io and the Fedoracoin (TIPS) is stored within your wallet, you're done.

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