A Step-by-Step-Guide on how to buy Fantom (FTM)
Step 1 – Signup to Coinbase and recieve 10$ for free You'll first need to buy units of the bigger coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click below to register and getting your welcome $10.
Step 2 – Send Your Bitcoin or Ethereum to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Fantom (FTM) is accessible on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual) Make sure you've chosen the right coin you want to deposit. Bitcoin 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 unlike (Just follow our how-to).
Step 3 – Locate (FTM) Fantom Once your deposit has been approved, you will directly have access to your assets and you can begin invest and trading. To buy (FTM) Fantom on Binance, you'll want to hover over the “Exchange” tab and mouse click on “Basic”. To spot Fantom (FTM), you'll need to insert the cointype (FTM) into the search-box, which is marked in the graphic. Make sure you have choosen the proper grouping, we've highlighted this also. Click on “FTM/BTC” to advance.
Step 4 – Purchasing Fantom (FTM) Once you've located (FTM) Fantom, you'll 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're going to create our Limit Order. The field with the “Price” tag will be filled automatically with the latest valuation (FTM) Fantom was traded for. You can change this to your favoured rate. The “Amount” field is the amount of FTM you wish to buy. The field with the “Total” tag is the total price in BTC that you will pay for the complete amount of FTM. If you are happy, make a mouse click on “Buy FTM”. Your plan will be filled when a Seller trades their FTM for the price you introduced.
Step 5 – Withdraw Fantom (FTM) Unless you are frequently trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an extensive time frame. To withdraw your Fantom (FTM), go to the “Funds” tab and click on “Withdraw”. Fantom (FTM) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (FTM) Fantom by using the given drop-down box. Drop in the volumen of (FTM) Fantom you would like to take off. Take into account the shown minimus/fees. Also make sure you have filled your correct withdraw address. If you are happy, click “Submit”. You may be asked for phone/email verification ahead of a withdrawal.