A Step-by-Step-Guide on how to buy Flow Protocol (FLOW)
Step 1 – Signup to CEX.io You will first need to buy one of the top-tier currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below for registration and to get your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transmit Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Flow Protocol (FLOW) is accessible on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow these easy steps) Make sure you've selected the precise 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're working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Find Flow Protocol (FLOW) As soon as your deposit has been confirmed, you will directly have access to your funds and you can commence buying and trading. To buy Flow Protocol (FLOW) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”. To locate Flow Protocol (FLOW), you will need to put the shortname of the coin (FLOW) into the search box, which is marked in the image. Make sure you have choosen the correct grouping, we have marked this too. Click on “FLOW/BTC” to proceed.
Step 4 – Purchasing Flow Protocol (FLOW) After you have found Flow Protocol (FLOW), you will be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). Next we are going to make our Limit Order. The field with the “Price” tag will be filled automatically with the most recent rate Flow Protocol (FLOW) was traded for. You can change this to your desired price. The ”Amount” field is the quantity of FLOW you wish to purchase. The ”Total” field is the total price in Bitcoin that you'll pay for the complete quantity of FLOW. When you're satisfied, make a mouse click on “Buy FLOW”. Your plan will be filled when a Seller trades their FLOW for the price you introduced.
Step 5 – Withdraw Flow Protocol (FLOW) Unless you are frequently trading, never keep your crypto on an Crypto Exchange for an extended time period. In order to withdraw your Flow Protocol (FLOW), go to the ”Funds” tab and mouse click on “Withdraw”. Flow Protocol (FLOW) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Flow Protocol (FLOW) by using the given drop-down box. Put into the volumen of Flow Protocol (FLOW) you would like to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your correct withdraw address. If you are satisfied, click on “Submit”. You may be requested for verfication via phone/email before a withdrawal.