A Step-by-Step-Guide on how to buy FRED Energy (FRED)
Step 1 – Join Coinbase and receive 10$ in Bitcoin In the beginning you'll need to purchase one of the major currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click below to register and getting Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. FRED Energy (FRED) is available on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to) Make sure you have selected the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you're using a decentralized exchange, like Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Locate FRED Energy (FRED) Once your deposit has been affirmed, you will instantly have access to your funds and you can commence buying and trading. To invest in FRED Energy (FRED) on Binance, you'll want to go to the tab which is called “Exchange” and mouse click on “Basic”. To locate FRED Energy (FRED), you will need to insert the cointype (FRED) into the search box, which is highlighted in the graphic. Be certain of having choosen the proper pairing, we've marked this also. Click on “FRED/BTC” to continue.
Step 4 – Buy FRED Energy (FRED) Once you have spotted (FRED) FRED Energy, you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). Next we are going to make our Limit Order. The “Price” field will be filled with the most recent price FRED Energy (FRED) was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the quantity of FRED you wish to buy. The “Total” field is the whole price in BTC that you'll settle for the complete amount of FRED. When you are glad, make a mouse click on “Buy FRED”. Your plan will be filled when a Vendor sells their FRED for the price you offered.
Step 5 – Withdraw FRED Energy (FRED) Unless you're regularly trading, never keep your crypto coins on an Cryptocurrency Exchange for an longer period of time. To withdraw your (FRED) FRED Energy, go to the “Funds” tab and click on “Withdraw”. FRED Energy (FRED) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (FRED) FRED Energy by using the given drop-down box. Put into the quantity of FRED Energy (FRED) you would like to take off. Don't forget the displayed fees/minimums. Also make sure you have filled your precise withdraw address. If you are satisfied, click “Submit”. You may be asked for verfication via email/phone before a withdrawal.