A Step-by-Step-Guide on how to buy FoodCoin (FOOD)
Step 1 – Join Coinbase – Get Free $10 In the beginning you'll need to buy one of the major currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below to register and receive your first $10.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. FoodCoin (FOOD) is accessible on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Just follow this how-to) Make sure you have chosen the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so on. If you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow these easy steps).
Step 3 – Find FoodCoin (FOOD) Once your deposit has been confirmed, you'll now have access to your finances and you can start purchasing and trading. To buy FoodCoin (FOOD) on Binance, you'll want to go to the tab which is called “Exchange” and mouse click on “Basic”. In order to spot FoodCoin (FOOD), you will need to put the cointype (FOOD) into the search box, which is highlighted in the image. Make sure you have selected the correct grouping, we've highlighted this too. Click on “FOOD/BTC” to proceed.
Step 4 – Purchasing FoodCoin (FOOD) After you have discovered (FOOD) FoodCoin, 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 make our Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date tariff (FOOD) FoodCoin was traded for. You can change this to your preferred price. The field with the “Amount” tag is the amount of FOOD you wish to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the complete amount of FOOD. If you're happy, make a mouse click on “Buy FOOD”. Your order will be filled when a Seller sells their FOOD for the price you gave.
Step 5 – Withdraw FoodCoin (FOOD) Unless you are frequently trading, best advise is not to keep your crypto coins on an Crypto Exchange for an extended period of time. To withdraw your (FOOD) FoodCoin, hover over the tab called “Funds” and click on “Withdraw”. (FOOD) FoodCoin can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate FoodCoin (FOOD) by using the provided drop-down box. Put into the volumen of (FOOD) FoodCoin you'd wish to withdraw. Take into account the presented minimus/fees. Also make sure you have filled your precise withdraw address. When you are satisfied, click on “Submit”. You could be requested for phone/email verification ahead of a withdrawal.