A Step-by-Step-Guide on how to buy FYDcoin (FYD)
Step 1 – Join CEX.io You'll first need to purchase units of the major currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Click below for registration and getting your Bitcoin or Ethereum.
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. FYDcoin (FYD) 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? (Just follow this guide) Make sure you've selected the right coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you are using a decentralized exchange, such as Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Locate (FYD) FYDcoin Once your deposit has been verified, you will directly have access to your finances and you can initiate invest and trading. To invest in (FYD) FYDcoin on Binance, you will want to go to the ”Exchange” tab and after that click on “Basic”. In order to spot (FYD) FYDcoin, you will need to put the cointype (FYD) into the search box, which is marked in the graphic. Make sure you have selected the right pairing, we have marked this also. Click on “FYD/BTC” to continue.
Step 4 – Purchase (FYD) FYDcoin After you have spotted (FYD) FYDcoin, you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). For now we're making our own Limit Order. The field with the “Price” tag will be filled automatically with the most latest valuation (FYD) FYDcoin was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the volumen of FYD you like to buy. The ”Total” field is the total price in Bitcoin that you will settle for the whole volumen of FYD. If you're happy, make a mouse click on “Buy FYD”. Your plan will be filled as soon as a Vendor sells their FYD for the price you submitted.
Step 5 – Withdraw (FYD) FYDcoin Unless you're trading, best advise is not to keep your crypto coins on an Crypto Trader for an longer time frame. To withdraw your (FYD) FYDcoin, go to the tab called “Funds” and mouse click on “Withdraw”. (FYD) FYDcoin can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (FYD) FYDcoin by using the given drop-down box. Put into the amount of (FYD) FYDcoin you would like to withdraw. Take into account the shown fees/minimums. Also make sure you have entered your precise withdraw address. If you're happy, click on “Submit”. You could be asked for phone/email verification ahead of a take off.