A Step-by-Step-Guide on how to buy Flama (FMA)
Step 1 – Join Coinbase and receive 10$ in Bitcoin In the beginning you'll need to buy units of the major currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click below to register and getting BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your Bitcoin or Ethereum will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Flama (FMA) is available on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to) Make sure you've selected the right coin you want to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).
Step 3 – Find (FMA) Flama Once your deposit has been confirmed, you'll directly have access to your funds and you can commence buying and trading. To buy (FMA) Flama on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”. To spot (FMA) Flama, you will need to put the shortname of the coin (FMA) into the search-box, which is marked in the picture. Be certain of having choosen the proper grouping, we've highlighted this too. Click on “FMA/BTC” to go on.
Step 4 – Purchasing (FMA) Flama After you have discovered (FMA) Flama, you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). And now we're going to create our Limit Order. The “Price” field will be automatically filled with the recent tariff (FMA) Flama was traded for. You can change this to your favoured price. The “Amount” field is the volumen of FMA you like to purchase. The “Total” field is the aggregated price in Bitcoin that you'll settle for the complete quantity of FMA. If you're happy, make a mouse click on “Buy FMA”. Your plan will be filled as soon as a Vender sells their FMA for the price you introduced.
Step 5 – Withdraw Flama (FMA) Unless you are frequently trading, never keep your crypto on an Crypto Exchange for an extended period of time. To withdraw your (FMA) Flama, hover over the “Funds” tab and click on “Withdraw”. Flama (FMA) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Flama (FMA) by using the provided drop-down box. Enter the volumen of (FMA) Flama you'd wish to take off. Take into account the displayed fees/minimums. Also make sure you have entered your right withdraw address. When you are glad, click “Submit”. You could be asked for verfication via email/phone before a withdrawal.