A Step-by-Step-Guide on where to buy Fantom (FTM)
Step 1 – Signup to CEX.io You will first need to purchase one of the bigger coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for Altcoins. Follow the Link below for registration and getting your Bitcoin or Ethereum.
Step 2 – Transfer Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Fantom (FTM) is obtainable on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this how-to) Make sure you've chosen the right coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Locate Fantom (FTM) As soon as your deposit has been confirmed, you'll directly have access to your finances and you can begin purchasing and trading. To invest in Fantom (FTM) on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”. In order to spot Fantom (FTM), you will need to put the short name of the asset (FTM) into the search box, which is marked in the picture. Be certain of having choosen the proper grouping, we have highlighted this too. Click on “FTM/BTC” to continue.
Step 4 – Buying Fantom (FTM) As soon as you have located Fantom (FTM), you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). For now we are going to create our Limit Order. The ”Price” field will be filled automatically with the most up-to-date rate Fantom (FTM) was sold for. You can change this to your favoured price. The field with the “Amount” tag is the volumen of FTM you want to buy. The ”Total” field is the whole price in BTC that you'll settle for the whole amount of FTM. When you're glad, click on “Buy FTM”. Your plan will be filled as soon as a Vendor trades their FTM for the price you submitted.
Step 5 – Withdraw Fantom (FTM) Unless you are regularly trading, never keep your crypto coins on an Cryptocurrency Exchange for an longer time period. To withdraw your Fantom (FTM), hover over the ”Funds” tab and click on “Withdraw”. Fantom (FTM) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Fantom (FTM) by using the provided drop-down box. Enter the volumen of Fantom (FTM) you'd like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address. When you're happy, click on “Submit”. You could be asked for verfication via phone/email ahead of a withdrawal.