A Step-by-Step-Guide on how to buy FLO (FLO)
Step 1 – Signup to CEX.io You'll first need to purchase units of the major coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for alternative Coins. Follow the Link below for registration and to get your Bitcoin or Ethereum.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. FLO (FLO) is available on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this how-to) Make sure you have selected the correct coin you wish to deposit. BTC must be sent to a BTC 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 divergent (Just follow our manual).
Step 3 – Locate FLO (FLO) Once your deposit has been approved, you will immediately have access to your funds and you can start buying and trading. To purchase FLO (FLO) on Binance, you will want to hover over the tab which is called “Exchange” and click on “Basic”. In order to locate FLO (FLO), you will need to put the shortname of the coin (FLO) into the search-box, which is highlighted in the graphic. Make sure you have choosen the correct pairing, we've highlighted this too. Click on “FLO/BTC” to go ahead.
Step 4 – Purchasing FLO (FLO) Once you've spotted FLO (FLO), you will be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). Next we're going to make our Limit Order. The field with the “Price” tag will be filled with the latest valuation FLO (FLO) was traded for. You can change this to your favoured price. The field with the “Amount” tag is the quantity of FLO you want to buy. The field with the “Total” tag is the aggregated price in BTC that you'll settle for the whole quantity of FLO. If you are satisfied, click on “Buy FLO”. Your order will be filled when a Seller trades their FLO for the price you offered.
Step 5 – Withdraw FLO (FLO) Unless you are regularly trading, you should never keepyour crypto coins on an Crypto Exchange for an extensive time period. In order to take off your FLO (FLO), hover over the ”Funds” tab and click on “Withdraw”. FLO (FLO) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find FLO (FLO) by using the provided drop-down box. Enter the amount of FLO (FLO) you'd like to take off. Take into account the shown minimus/fees. Also make sure you have entered your correct withdraw address. When you are satisfied, click “Submit”. You could be requested for verfication via email/phone ahead of a take off.