How to Buy Freyrchain (FREC)

A Step-by-Step-Guide on how to buy Freyrchain (FREC)

Step 1 – Signup to eToro

In the beginning you'll need to buy one of the bigger coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click below to register and getting yETH (Ethereum) or BTC (Bitcoin).

Binance Signup
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader

Your Bitcoin or Ethereum has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Freyrchain (FREC) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to)

Make sure you have selected the correct coin you wish to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so on. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our how-to).

Step 3 – Find (FREC) Freyrchain

As soon as your deposit has been confirmed, you will instantly have access to your finances and you can begin buying and trading. To purchase Freyrchain (FREC) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”.

To find (FREC) Freyrchain, you will need to put the shortname of the coin (FREC) into the search-box, which is marked in the picture. Make sure you have choosen the correct grouping, we have marked this also. Click on “FREC/BTC” to proceed.

Binance How To Buy 1 Freyrchain (FREC)
Step 4 – Acquisition of Freyrchain (FREC)

Once you've discovered Freyrchain (FREC), you'll be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). For now we're going to make our Limit Order.

The field with the “Price” tag will be filled automatically with the most recent price (FREC) Freyrchain was sold for. This can be changed to your favoured price. The “Amount” field is the quantity of FREC you like to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the whole quantity of FREC.

If you are glad, make a mouse click on “Buy FREC”. Your order will be filled as soon as a Vendor trades their FREC for the price you introduced.

Step 5 – Withdraw Freyrchain (FREC)

Unless you are trading, never keep your crypto coins on an Cryptocurrency Exchange for an extensive time frame. To withdraw your Freyrchain (FREC), hover over the “Funds” tab and mouse click on “Withdraw”. (FREC) Freyrchain can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Freyrchain (FREC) by using the given drop-down box. Enter the quantity of (FREC) Freyrchain you'd like to take off. Take into account the displayed minimus/fees. Also make sure you have entered your right withdraw address.

When you're satisfied, click on “Submit”. You may be requested for verfication via email/phone ahead of a take off.

Congrats! You've successfully bought and safed Freyrchain (FREC).

That's it!

Take offs from Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). Once you've proved your withdrawal with Ethplorer.io or Etherscan.io and the Freyrchain (FREC) is stored inside your wallet, you're done.