A Step-by-Step-Guide on how to buy FridayBeers (BEER)
Step 1 – Signup to Coinbase and get 10$ for free In the beginning you'll need to purchase units of the bigger coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below for registration and receive your first 10 Dollar.
Step 2 – Transfer Your Bitcoin or Ethereum to an Exchange Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. FridayBeers (BEER) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you have chosen the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. If you're using a decentralized exchange, like Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Find FridayBeers (BEER) As soon as your deposit has been verified, you'll directly have access to your funds and you can commence buying and trading. To buy (BEER) FridayBeers on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. In order to locate (BEER) FridayBeers, you will need to put the shortname of the coin (BEER) into the search-box, which is marked in the graphic. Be certain of having selected the proper grouping, we have marked this too. Click on “BEER/BTC” to proceed.
Step 4 – Acquisition of FridayBeers (BEER) After you have located (BEER) FridayBeers, you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). For now we are going to make our own Limit Order. The “Price” field will be filled automatically with the latest tariff (BEER) FridayBeers was traded for. You can change this to your desired price. The “Amount” field is the amount of BEER you want to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the complete quantity of BEER. If you're happy, make a mouse click on “Buy BEER”. Your order will be filled when a Vendor sells their BEER for the price you offered.
Step 5 – Withdraw FridayBeers (BEER) Unless you are frequently trading, never keep your coins on an Cryptocurrency Exchange for an extended time period. In order to withdraw your FridayBeers (BEER), hover over the “Funds” tab and mouse click on “Withdraw”. FridayBeers (BEER) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (BEER) FridayBeers by using the given drop-down box. Enter the amount of FridayBeers (BEER) you would like to take off. Take into account the presented fees/minimums. Also make sure you have entered your correct withdraw address. If you are happy, click on “Submit”. You could be requested for email/phone verification before a withdrawal.