A Step-by-Step-Guide on how to buy Fantom (FTM)
Step 1 – Join Coinbase and recieve 10$ for free In the beginning you'll need to buy units of the major currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below to register and to get your first $10.
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Fantom (FTM) is available on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Just follow these easy steps) Make sure you have selected the precise coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. If you're using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our how-to).
Step 3 – Find (FTM) Fantom As soon as your deposit has been approved, you'll instantly have access to your finances and you can commence buying and trading. To buy (FTM) Fantom on Binance, you'll want to hover over the tab which is called “Exchange” and click on “Basic”. To discover (FTM) Fantom, you'll need to put the short name of the asset (FTM) into the search box, which is highlighted in the graphic. Make sure you have choosen the correct grouping, we've highlighted this too. Click on “FTM/BTC” to continue.
Step 4 – Buy (FTM) Fantom After you have spotted (FTM) Fantom, you'll be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). And now we're creating our Limit Order. The ”Price” field will be filled with the most latest rate (FTM) Fantom was sold for. You can change this to your desired price. The field with the “Amount” tag is the volumen of FTM you like to buy. The ”Total” field is the whole price in BTC that you will pay for the whole volumen of FTM. When you're glad, make a mouse click on “Buy FTM”. Your order will be filled when a Vendor trades their FTM for the price you gave.
Step 5 – Withdraw Fantom (FTM) Unless you're trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an longer period of time. In order to take off your Fantom (FTM), hover over the ”Funds” tab and mouse click on “Withdraw”. Fantom (FTM) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Fantom (FTM) by using the given drop-down box. Drop in the amount of Fantom (FTM) you'd wish to take off. Don't forget the shown minimus/fees. Also make sure you have entered your right withdraw address. When you're glad, click “Submit”. You could be requested for verfication via email/phone before a take off.