A Step-by-Step-Guide on how to buy FIO Protocol (FIO)
Step 1 – Join Kraken You'll first need to buy units of the bigger coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click below for registration and to get ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. FIO Protocol (FIO) is accessible on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Follow this how-to) Make sure you have chosen the correct coin you want to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our how-to).
Step 3 – Locate FIO Protocol (FIO) Once your deposit has been confirmed, you'll now have access to your assets and you can commence purchasing and trading. To invest in FIO Protocol (FIO) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”. To spot FIO Protocol (FIO), you will need to put the short name of the asset (FIO) into the search box, which is highlighted in the picture. Be certain of having selected the correct grouping, we have highlighted this also. Click on “FIO/BTC” to proceed.
Step 4 – Buy FIO Protocol (FIO) As soon as you have located FIO Protocol (FIO), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). And now we are going to create our own Limit Order. The field with the “Price” tag will be automatically filled with the most latest rate FIO Protocol (FIO) was traded for. This can be changed to your desired price. The field with the “Amount” tag is the quantity of FIO you wish to buy. The ”Total” field is the whole price in Bitcoin that you will pay for the whole volumen of FIO. When you're happy, click on “Buy FIO”. Your plan will be filled when a Seller sells their FIO for the price you introduced.
Step 5 – Withdraw FIO Protocol (FIO) Unless you are regularly trading, never keep your crypto on an Cryptocurrency Exchange for an longer period of time. In order to take off your FIO Protocol (FIO), go to the ”Funds” tab and click on “Withdraw”. FIO Protocol (FIO) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate FIO Protocol (FIO) by using the provided drop-down box. Enter the volumen of FIO Protocol (FIO) you'd wish to take off. Don't forget the shown minimus/fees. Also make sure you have filled your right withdraw address. When you are satisfied, click “Submit”. You may be asked for verfication via phone/email ahead of a withdrawal.