A Step-by-Step-Guide on how to buy Ferrum Network (FRM)
Step 1 – Join CEX.io You will first need to purchase units of the top-tier coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click the button below to register and receive your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Exchange Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Ferrum Network (FRM) is accessible on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual) Make sure you've chosen the right coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Find Ferrum Network (FRM) As soon as your deposit has been confirmed, you will instantly have access to your assets and you can begin purchasing and trading. To buy Ferrum Network (FRM) on Binance, you will want to hover over the ”Exchange” tab and mouse click on “Basic”. In order to locate Ferrum Network (FRM), you will need to put the cointype (FRM) into the search box, which is marked in the image. Be certain of having selected the proper grouping, we've marked this too. Click on “FRM/BTC” to advance.
Step 4 – Buy Ferrum Network (FRM) After you have found Ferrum Network (FRM), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). And now we're creating our Limit Order. The field with the “Price” tag will be automatically filled with the up-to-date price Ferrum Network (FRM) was sold for. You can change this to your desired rate. The ”Amount” field is the quantity of FRM you want to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the complete quantity of FRM. If you are happy, click on “Buy FRM”. Your plan will be filled when a Seller trades their FRM for the price you submitted.
Step 5 – Withdraw Ferrum Network (FRM) Unless you're regularly trading, never keep your crypto coins on an Cryptocurrency Exchange for an extensive time frame. In order to withdraw your Ferrum Network (FRM), go to the tab called “Funds” and click on “Withdraw”. Ferrum Network (FRM) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Ferrum Network (FRM) by using the given drop-down box. Put into the volumen of Ferrum Network (FRM) you'd wish to withdraw. Take into account the presented fees/minimums. Also make sure you have entered your correct withdraw address. If you're satisfied, click “Submit”. You could be requested for verfication via email/phone ahead of a take off.