A Step-by-Step-Guide on how to buy Fantom (FTM)
Step 1 – Join CEX.io You'll first need to purchase one of the major currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below for registration and receive ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Fantom (FTM) is available on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you've chosen the exact coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Locate Fantom (FTM) Once your deposit has been affirmed, you'll immediately have access to your finances and you can launch purchasing and trading. To buy Fantom (FTM) on Binance, you'll want to hover over the ”Exchange” tab and after that click on “Basic”. In order to spot Fantom (FTM), you'll need to insert the shortname of the coin (FTM) into the search-box, which is highlighted in the graphic. Be certain of having choosen the right grouping, we've highlighted this also. Click on “FTM/BTC” to continue.
Step 4 – Buying (FTM) Fantom As soon as you have located (FTM) Fantom, you'll be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). And now we are creating our Limit Order. The ”Price” field will be filled with the latest rate (FTM) Fantom was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the quantity of FTM you want to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the whole quantity of FTM. If you are satisfied, click on “Buy FTM”. Your plan will be filled as soon as a Seller trades their FTM for the price you gave.
Step 5 – Withdraw Fantom (FTM) Unless you're trading, you should never keepyour coins on an Crypto Exchange for an extended time period. In order to withdraw your Fantom (FTM), go to the tab called “Funds” and mouse click on “Withdraw”. Fantom (FTM) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Fantom (FTM) by using the provided drop-down box. Put into the volumen of Fantom (FTM) you would wish to withdraw. Take into account the displayed minimus/fees. Also make sure you have filled your correct withdraw address. If you're satisfied, make a mouse click on “Submit”. You could be asked for verfication via phone/email before a take off.