A Step-by-Step-Guide on how to buy FoodCoin (FOOD)
Step 1 – Signup to CEX.io You will first need to buy units of the top-tier currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click the button below for registration and to get your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. FoodCoin (FOOD) is obtainable on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide) Make sure you have chosen the correct coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Find (FOOD) FoodCoin Once your deposit has been verified, you will directly have access to your assets and you can initiate purchasing and trading. To invest in (FOOD) FoodCoin on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. In order to discover (FOOD) FoodCoin, you will need to put the shortname of the coin (FOOD) into the search-box, which is highlighted in the image. Be certain of having selected the correct grouping, we've highlighted this also. Click on “FOOD/BTC” to go on.
Step 4 – Buy FoodCoin (FOOD) After you've located FoodCoin (FOOD), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we're making our Limit Order. The ”Price” field will be filled with the most recent price FoodCoin (FOOD) was traded for. This can be changed to your desired price. The field with the “Amount” tag is the volumen of FOOD you want to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the complete volumen of FOOD. If you are satisfied, click on “Buy FOOD”. Your plan will be filled when a Seller trades their FOOD for the price you submitted.
Step 5 – Withdraw (FOOD) FoodCoin Unless you're trading, you should never keepyour crypto on an Crypto Trader for an extended time frame. In order to take off your (FOOD) FoodCoin, hover over the tab called “Funds” and click on “Withdraw”. (FOOD) FoodCoin can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (FOOD) FoodCoin by using the given drop-down box. Put into the quantity of (FOOD) FoodCoin you would wish to take off. Take into account the displayed minimus/fees. Also make sure you have entered your precise withdraw address. If you're glad, make a mouse click on “Submit”. You could be requested for phone/email verification before a take off.