A Step-by-Step-Guide on how to buy FLO (FLO)
Step 1 – Signup to Coinbase and receive 10$ in Bitcoin You will first need to buy units of the major currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below for registration and getting Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your Ethereum or Bitcoin to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. FLO (FLO) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Follow this guide) Make sure you've chosen the correct coin you want 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 (Follow our manual).
Step 3 – Find (FLO) FLO Once your deposit has been approved, you will immediately have access to your finances and you can initiate invest and trading. To buy FLO (FLO) on Binance, you'll want to hover over the “Exchange” tab and after that click on “Basic”. To discover (FLO) FLO, you'll need to insert the short name of the asset (FLO) into the search box, which is marked in the image. Be certain of having choosen the proper grouping, we have marked this too. Click on “FLO/BTC” to progress.
Step 4 – Purchase (FLO) FLO As soon as you have spotted (FLO) FLO, you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). And now we're creating our Limit Order. The field with the “Price” tag will be automatically filled with the recent price FLO (FLO) was traded for. This can be changed to your favoured price. The “Amount” field is the amount of FLO you like to purchase. The field with the “Total” tag is the whole price in BTC that you'll pay for the complete amount of FLO. When you are happy, click on “Buy FLO”. Your order will be filled as soon as a Vender trades their FLO for the price you introduced.
Step 5 – Withdraw FLO (FLO) Unless you're regularly trading, you should never keepyour crypto on an Cryptocurrency Exchange for an extended time period. To withdraw your (FLO) FLO, go to the tab called “Funds” and click on “Withdraw”. FLO (FLO) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate FLO (FLO) by using the given drop-down box. Drop in the amount of FLO (FLO) you'd wish to take off. Take into account the shown minimus/fees. Also make sure you have filled your precise withdraw address. When you're satisfied, click on “Submit”. You may be requested for email/phone verification ahead of a take off.