A Step-by-Step-Guide on how to buy CyberFM (CYFM)
Step 1 – Join Kraken You'll first need to purchase one of the bigger coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below to register and getting BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. CyberFM (CYFM) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Follow this how-to) Make sure you have chosen the correct coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you're using a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).
Step 3 – Locate CyberFM (CYFM) Once your deposit has been verified, you'll instantly have access to your assets and you can start invest and trading. To buy CyberFM (CYFM) on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. In order to locate CyberFM (CYFM), you'll need to insert the cointype (CYFM) into the search-box, which is marked in the picture. Make sure you have selected the right pairing, we have highlighted this too. Click on “CYFM/BTC” to go on.
Step 4 – Acquisition of CyberFM (CYFM) As soon as you have located CyberFM (CYFM), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we're creating our own Limit Order. The ”Price” field will be automatically filled with the most latest tariff CyberFM (CYFM) was sold for. You can change this to your desired price. The ”Amount” field is the quantity of CYFM you wish to purchase. The ”Total” field is the whole price in Bitcoin that you will settle for the whole volumen of CYFM. When you are satisfied, make a mouse click on “Buy CYFM”. Your order will be filled when a Vendor trades their CYFM for the price you introduced.
Step 5 – Withdraw CyberFM (CYFM) Unless you are frequently trading, best advise is not to keep your crypto on an Crypto Trader for an extended time frame. To take off your CyberFM (CYFM), hover over the ”Funds” tab and mouse click on “Withdraw”. CyberFM (CYFM) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate CyberFM (CYFM) by using the provided drop-down box. Put into the volumen of CyberFM (CYFM) you'd like to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your right withdraw address. If you are glad, make a mouse click on “Submit”. You may be asked for phone/email verification ahead of a withdrawal.
Congratulations! You've successfully bought and stored CyberFM (CYFM).That's it! Take offs from Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). Once you have proved your take off using Ethplorer.io or Etherscan.io and the (CYFM) CyberFM is safe in your wallet, you are finished.
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