A Step-by-Step-Guide on how to buy Frenzy (FZY)
Step 1 – Signup to Coinbase and recieve 10$ for free You will first need to purchase one of the bigger coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click the button below to register and getting your welcome 10$.
Step 2 – Send Your Bitcoin or Ethereum to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Frenzy (FZY) is accessible on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Follow these easy steps) Make sure you have chosen the right coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. If you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Locate Frenzy (FZY) Once your deposit has been confirmed, you'll directly have access to your funds and you can launch invest and trading. To invest in Frenzy (FZY) on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. In order to discover Frenzy (FZY), you'll need to insert the short name of the asset (FZY) into the search-box, which is marked in the graphic. Make sure you have choosen the correct pairing, we have marked this also. Click on “FZY/BTC” to go ahead.
Step 4 – Purchasing (FZY) Frenzy Once you have spotted (FZY) Frenzy, you will be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). Next we are making our own Limit Order. The field with the “Price” tag will be filled automatically with the most latest rate (FZY) Frenzy was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the amount of FZY you want to buy. The field with the “Total” tag is the aggregated price in BTC that you will settle for the complete amount of FZY. If you're glad, click on “Buy FZY”. Your plan will be filled when a Vender trades their FZY for the price you introduced.
Step 5 – Withdraw Frenzy (FZY) Unless you are trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an longer period of time. To take off your Frenzy (FZY), go to the tab called “Funds” and mouse click on “Withdraw”. Frenzy (FZY) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Frenzy (FZY) by using the provided drop-down box. Put into the volumen of Frenzy (FZY) you'd like to take off. Take into account the demonstrated fees/minimums. Also make sure you have filled your right withdraw address. When you are happy, make a mouse click on “Submit”. You may be asked for phone/email verification before a withdrawal.