How to Buy Factom (FCT)

A Step-by-Step-Guide on how to buy Factom (FCT)

Step 1 – Signup to Coinbase – Get Free $10

You'll first need to purchase one of the major currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Follow the Link below to register and receive your first 10$.

Binance Signup
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Factom (FCT) is available on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this how-to)

Make sure you've selected the exact coin you would like to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our how-to).

Step 3 – Find (FCT) Factom

As soon as your deposit has been verified, you'll now have access to your assets and you can launch invest and trading. To purchase Factom (FCT) on Binance, you will want to hover over the tab which is called “Exchange” and click on “Basic”.

To find Factom (FCT), you'll need to put the shortname of the coin (FCT) into the search box, which is marked in the image. Be certain of having selected the correct grouping, we've highlighted this also. Click on “FCT/BTC” to continue.

How to buy Coin on Binance 1 Factom (FCT)
Step 4 – Acquisition of Factom (FCT)

Once you've located Factom (FCT), you'll be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). And now we are creating our Limit Order.

The “Price” field will be automatically filled with the up-to-date price Factom (FCT) was traded for. This can be changed to your desired price. The “Amount” field is the amount of FCT you want to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the whole quantity of FCT.

When you are satisfied, click on “Buy FCT”. Your order will be filled as soon as a Seller trades their FCT for the price you gave.

Step 5 – Withdraw (FCT) Factom

Unless you are trading, you should never keepyour coins on an Crypto Exchange for an extended time period. To take off your (FCT) Factom, go to the tab called “Funds” and mouse click on “Withdraw”. (FCT) Factom can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (FCT) Factom by using the given drop-down box. Drop in the volumen of (FCT) Factom you'd like to take off. Don't forget the shown minimus/fees. Also make sure you have entered your right withdraw address.

If you are satisfied, click “Submit”. You may be requested for email/phone verification ahead of a take off.

Kudos! You've successfully purchased and stored (FCT) Factom.

That's it!

Withdrawals from Cryptocurrency Exchange can durate between 1 – 30 minutes (rely on network usage). As soon as you've proved your withdrawal using Ethplorer.io or Etherscan.io and the Factom (FCT) is safe in your wallet, you are done.