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How to Buy Filecoin (FIL)

A Step-by-Step-Guide on how to buy Filecoin (FIL)

Step 1 – Signup to CEX.io

You will first need to buy one of the major coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below for registration and receive your ETH (Ethereum) or BTC (Bitcoin).

Binance Signup
Step 2 – {Transmit} Your {Bitcoin (BTC) or Ethereum (ETH)} to an {Crypto Exchange}

Your {Ethereum or Bitcoin} {will need} to be sent over to an {Exchange} now. {Every exchange has} a deposit form that is {identical}. Filecoin (FIL) is {available} on Binance, so {we're going to} use that as an {example}. {Not sure} on how to send {funds from Coinbase} to an {Crypto Exchange}? ({Just follow} {these easy steps})

Make sure {you've} {chosen} the {correct} coin you {would like} to deposit.

{Bitcoin} must be sent to a {Bitcoin} deposit address, {ETH} to an {ETH} deposit address, {and so on}. {In the case} {you are} {dealing with} a decentralized exchange, {such as} Airswap or DDEX could be {unlike} ({Just follow} {our manual}).

Step 3 – {Find} Filecoin (FIL)

{Once} your deposit has been {approved}, {you will} {directly} have access to your {funds} and you can {initiate} {purchasing} and trading. To {buy} Filecoin (FIL) on Binance, {you'll} want to {hover over} the {tab which is called “Exchange”} and{ then} {click} on “Basic”.

{In order to} {find} Filecoin (FIL), {you will} need to {insert} the {short name of the asset} (FIL) into the {search box}, which is {marked} in the {graphic}. {Be certain of having} {selected} the {proper} {grouping}, {we have} {highlighted} this {too}. Click on “FIL/BTC” to {go on}.

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

{As soon as} {you've} {located} Filecoin (FIL), {you'll} be {given} a {Chart with Prices} (in the Center of the {image}) and {a few} Order Books ({on the Left} of the {image}). {Next} {we are} {making} our{ own} Limit Order.

The {”Price” field} will be {filled} with the{ most} {recent} {price} Filecoin (FIL) was {sold} for. {This can be changed} to your {preferred} {price}. The {field with the “Amount” tag} is the {amount} of FIL you {wish} to {purchase}. The {field with the “Total” tag} is the {aggregated} price in {BTC} that {you will} {settle} for the {complete} {volumen} of FIL.

{When} {you are} {glad}, {make a mouse click} on “Buy FIL”. Your {order} will be filled {when} a {Vender} {trades} their FIL for the price you {gave}.

Step 5 – Withdraw Filecoin (FIL)

Unless {you're}{ regularly} trading, {never keep your} {crypto} on an {Crypto Trader} for an {extensive} {period of time}. {To} {withdraw} your Filecoin (FIL), {hover over} the {tab called “Funds”} and {click} on “Withdraw”. Filecoin (FIL) can be {stored securely} using a Wallet, {e.g.} MyEtherWallet. (MyEtherWallet Setup Guide)

{Find} Filecoin (FIL) by using the {provided} drop-down box. {Put into} the {volumen} of Filecoin (FIL) {you'd} {wish} to {take off}. {Don't forget} the {displayed} {fees/minimums}. Also make sure you have {entered} your {correct} withdraw address.

{If} {you're} {happy}, {click} “Submit”. You {may} be {requested} for {phone/email verification} {before} a {take off}.

{Congrats}! {You've} successfully {bought} and {stored} Filecoin (FIL).

That's it!

{Take offs} from {Crypto Exchange} can {durate} {anywhere from} 1 – 30 minutes ({rely} on {usage of the network}). {Once} {you have} {proved} your {withdrawal} {using} {Etherscan.io or Ethplorer.io} and the Filecoin (FIL) is {safe} {in} your wallet, {you're} {finished}.

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