A Step-by-Step-Guide on how to buy FTX Token (FTT)
Step 1 – Signup to Coinbase and recieve 10$ for free You'll first need to purchase one of the bigger coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below for registration and receive your welcome 10$.
Step 2 – Send Your Funds to an Exchange Your Bitcoin or Ethereum has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. FTX Token (FTT) is available on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Follow this guide) Make sure you've selected the right coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).
Step 3 – Find (FTT) FTX Token As soon as your deposit has been affirmed, you'll directly have access to your finances and you can commence purchasing and trading. To buy (FTT) FTX Token on Binance, you'll want to go to the ”Exchange” tab and then mouse click on “Basic”. To spot (FTT) FTX Token, you'll need to put the cointype (FTT) into the search box, which is marked in the graphic. Make sure you have selected the proper pairing, we've marked this too. Click on “FTT/BTC” to go on.
Step 4 – Buying (FTT) FTX Token After you've spotted (FTT) FTX Token, you'll be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we're making our own Limit Order. The field with the “Price” tag will be automatically filled with the latest price (FTT) FTX Token was traded for. This can be changed to your preferred price. The ”Amount” field is the quantity of FTT you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you will pay for the complete quantity of FTT. When you're happy, make a mouse click on “Buy FTT”. Your order will be filled as soon as a Seller trades their FTT for the price you introduced.
Step 5 – Withdraw (FTT) FTX Token Unless you are frequently trading, best advise is not to keep crypto on an Crypto Exchange for an extended time frame. To withdraw your (FTT) FTX Token, go to the tab called “Funds” and mouse click on “Withdraw”. (FTT) FTX Token can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (FTT) FTX Token by using the provided drop-down box. Enter the quantity of (FTT) FTX Token you'd like to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. When you are happy, make a mouse click on “Submit”. You may be requested for verfication via phone/email ahead of a withdrawal.