A Step-by-Step-Guide on how to buy Foin (FOIN)
Step 1 – Join Coinbase and receive 10$ in Bitcoin You'll first need to buy one of the top-tier coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below for registration and to get Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Ethereum or Bitcoin to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Foin (FOIN) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this guide) Make sure you've selected the precise coin you want to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etc. If you're using a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Locate Foin (FOIN) As soon as your deposit has been verified, you'll immediately have access to your funds and you can launch invest and trading. To buy Foin (FOIN) on Binance, you'll want to hover over the “Exchange” tab and then mouse click on “Basic”. In order to spot (FOIN) Foin, you'll need to insert the shortname of the coin (FOIN) into the search box, which is marked in the picture. Be certain of having selected the right grouping, we've marked this also. Click on “FOIN/BTC” to progress.
Step 4 – Purchasing (FOIN) Foin As soon as you've discovered Foin (FOIN), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). Next we're going to make our Limit Order. The “Price” field will be filled with the most up-to-date tariff Foin (FOIN) was traded for. You can change this to your preferred price. The “Amount” field is the quantity of FOIN you want to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the complete quantity of FOIN. When you are happy, click on “Buy FOIN”. Your order will be filled when a Seller trades their FOIN for the price you offered.
Step 5 – Withdraw Foin (FOIN) Unless you're frequently trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an longer time frame. To withdraw your Foin (FOIN), hover over the tab called “Funds” and mouse click on “Withdraw”. Foin (FOIN) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Foin (FOIN) by using the provided drop-down box. Enter the volumen of Foin (FOIN) you would wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address. If you're glad, click “Submit”. You may be requested for verfication via email/phone ahead of a withdrawal.