A Step-by-Step-Guide on how to buy Fedoracoin (TIPS)
Step 1 – Join Kraken In the beginning you'll need to purchase units of the top-tier coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for Altcoins. Click below to register and to get Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Fedoracoin (TIPS) is obtainable on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow these easy steps) Make sure you've chosen the right coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Locate Fedoracoin (TIPS) Once your deposit has been affirmed, you'll now have access to your assets and you can initiate buying and trading. To purchase Fedoracoin (TIPS) on Binance, you'll want to go to the ”Exchange” tab and click on “Basic”. To locate Fedoracoin (TIPS), you'll need to insert the cointype (TIPS) into the search-box, which is marked in the graphic. Make sure you have selected the proper grouping, we've marked this also. Click on “TIPS/BTC” to go ahead.
Step 4 – Buying Fedoracoin (TIPS) Once you've found Fedoracoin (TIPS), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we are creating our own Limit Order. The field with the “Price” tag will be automatically filled with the most latest tariff Fedoracoin (TIPS) was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the quantity of TIPS you want to buy. The field with the “Total” tag is the whole price in BTC that you will pay for the complete quantity of TIPS. When you are happy, make a mouse click on “Buy TIPS”. Your order will be filled as soon as a Seller trades their TIPS for the price you gave.
Step 5 – Withdraw Fedoracoin (TIPS) Unless you're frequently trading, you should never keepyour coins on an Cryptocurrency Exchange for an longer time period. To take off your Fedoracoin (TIPS), hover over the ”Funds” tab and click on “Withdraw”. Fedoracoin (TIPS) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Fedoracoin (TIPS) by using the given drop-down box. Enter the volumen of Fedoracoin (TIPS) you'd wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. When you're happy, make a mouse click on “Submit”. You could be requested for verfication via phone/email ahead of a withdrawal.