A Step-by-Step-Guide on how to buy FYDcoin (FYD)
Step 1 – Join CEX.io You'll first need to buy one of the top-tier currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click below for registration and to get ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. FYDcoin (FYD) is accessible on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this manual) Make sure you have chosen the right coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. If you're using a decentralized exchange, such as Airswap or DDEX could be different (Follow our manual).
Step 3 – Locate FYDcoin (FYD) Once your deposit has been confirmed, you'll immediately have access to your assets and you can start purchasing and trading. To invest in FYDcoin (FYD) on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”. To locate FYDcoin (FYD), you'll need to insert the shortname of the coin (FYD) into the search box, which is marked in the picture. Be certain of having selected the correct pairing, we've marked this too. Click on “FYD/BTC” to proceed.
Step 4 – Purchasing FYDcoin (FYD) As soon as you've discovered FYDcoin (FYD), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). And now we are going to make our own Limit Order. The ”Price” field will be filled automatically with the most latest rate FYDcoin (FYD) was traded for. This can be changed to your desired rate. The ”Amount” field is the volumen of FYD you like to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the complete volumen of FYD. When you are happy, click on “Buy FYD”. Your order will be filled when a Vendor sells their FYD for the price you introduced.
Step 5 – Withdraw FYDcoin (FYD) Unless you are regularly trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an longer time period. To take off your FYDcoin (FYD), go to the tab called “Funds” and mouse click on “Withdraw”. FYDcoin (FYD) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find FYDcoin (FYD) by using the provided drop-down box. Drop in the quantity of FYDcoin (FYD) you'd like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address. If you are happy, click “Submit”. You could be requested for phone/email verification before a take off.