A Step-by-Step-Guide on how to buy Freyrchain (FREC)
Step 1 – Join Coinbase and recieve 10$ for free In the beginning you'll need to purchase one of the major currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below to register and to get your first $10.
Step 2 – Transmit Your Ethereum or Bitcoin to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Freyrchain (FREC) is available on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Follow this how-to) Make sure you've chosen the right coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Locate (FREC) Freyrchain Once your deposit has been confirmed, you will immediately have access to your finances and you can initiate purchasing and trading. To invest in (FREC) Freyrchain on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”. To locate (FREC) Freyrchain, you will need to insert the short name of the asset (FREC) into the search box, which is marked in the image. Be certain of having selected the correct grouping, we've marked this also. Click on “FREC/BTC” to progress.
Step 4 – Purchase Freyrchain (FREC) After you've found Freyrchain (FREC), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). And now we are going to create our Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date rate Freyrchain (FREC) was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the volumen of FREC you want to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the complete volumen of FREC. If you are happy, make a mouse click on “Buy FREC”. Your plan will be filled as soon as a Seller trades their FREC for the price you introduced.
Step 5 – Withdraw Freyrchain (FREC) Unless you are regularly trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an longer period of time. To take off your Freyrchain (FREC), go to the “Funds” tab and click on “Withdraw”. (FREC) Freyrchain can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Freyrchain (FREC) by using the provided drop-down box. Put into the volumen of Freyrchain (FREC) you'd like to withdraw. Take into account the displayed minimus/fees. Also make sure you have entered your right withdraw address. When you are satisfied, make a mouse click on “Submit”. You may be asked for verfication via email/phone ahead of a withdrawal.