A Step-by-Step-Guide on how to buy FYDcoin (FYD)
Step 1 – Signup to Coinbase and recieve 10$ for free You'll first need to purchase one of the top-tier coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below to register and to get your first 10 Dollar.
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. FYDcoin (FYD) is accessible on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this how-to) Make sure you've selected the precise coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Locate (FYD) FYDcoin Once your deposit has been confirmed, you'll instantly have access to your finances and you can initiate purchasing and trading. To buy (FYD) FYDcoin on Binance, you'll want to hover over the ”Exchange” tab and mouse click on “Basic”. In order to find (FYD) FYDcoin, you'll need to insert the short name of the asset (FYD) into the search-box, which is highlighted in the picture. Make sure you have selected the right pairing, we have highlighted this also. Click on “FYD/BTC” to progress.
Step 4 – Buy FYDcoin (FYD) Once you have spotted FYDcoin (FYD), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we are going to make our own Limit Order. The ”Price” field will be filled with the recent valuation FYDcoin (FYD) was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the amount of FYD you wish to purchase. The ”Total” field is the whole price in BTC that you will pay for the complete amount of FYD. When you are happy, make a mouse click on “Buy FYD”. Your order will be filled as soon as a Seller trades their FYD for the price you submitted.
Step 5 – Withdraw FYDcoin (FYD) Unless you are trading, best advise is not to keep crypto coins on an Crypto Trader for an longer time frame. In order to take off your FYDcoin (FYD), hover over the ”Funds” tab and click on “Withdraw”. FYDcoin (FYD) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find FYDcoin (FYD) by using the given drop-down box. Enter the quantity of FYDcoin (FYD) you would like to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address. When you are satisfied, make a mouse click on “Submit”. You could be requested for phone/email verification ahead of a withdrawal.