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 – Transmit Your Funds to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. FLO (FLO) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow these easy steps) Make sure you have chosen the correct coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're using a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Find FLO (FLO) As soon as your deposit has been approved, you'll directly have access to your funds and you can begin purchasing and trading. To purchase FLO (FLO) on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. To spot FLO (FLO), you'll need to insert the cointype (FLO) into the search box, which is highlighted in the graphic. Be certain of having selected the proper grouping, we've marked this too. Click on “FLO/BTC” to proceed.
Step 4 – Buying FLO (FLO) Once you've found FLO (FLO), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). For now we are going to create our own Limit Order. The field with the “Price” tag will be automatically filled with the most recent price FLO (FLO) was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of FLO you want to purchase. The field with the “Total” tag is the whole price in BTC that you'll settle for the whole quantity of FLO. When you are happy, make a mouse click on “Buy FLO”. Your plan will be filled when a Seller sells their FLO for the price you gave.
Step 5 – Withdraw FLO (FLO) Unless you are frequently trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an longer time period. To withdraw your FLO (FLO), go to the ”Funds” tab and click on “Withdraw”. FLO (FLO) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate FLO (FLO) by using the given drop-down box. Enter the amount of FLO (FLO) you'd wish to withdraw. Take into account the shown fees/minimums. Also make sure you have entered your correct withdraw address. When you are happy, click on “Submit”. You may be asked for phone/email verification before a withdrawal.