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 – Transmit Your Funds to an Crypto Trader Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. FIO Protocol (FIO) is available on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this how-to) Make sure you have selected the correct coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. If you're using a decentralized exchange, such as Airswap or DDEX could be different (Just follow our manual).
Step 3 – Find FIO Protocol (FIO) As soon as your deposit has been affirmed, you will instantly have access to your assets and you can commence invest and trading. To purchase FIO Protocol (FIO) on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”. In order to locate FIO Protocol (FIO), you will need to insert the cointype (FIO) into the search-box, which is highlighted in the picture. Be certain of having selected the right grouping, we have highlighted this too. Click on “FIO/BTC” to continue.
Step 4 – Buying FIO Protocol (FIO) As soon as you've 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 image). For now we are making our Limit Order. The ”Price” field will be filled automatically with the up-to-date valuation FIO Protocol (FIO) was sold for. You can change this to your desired rate. The ”Amount” field is the volumen of FIO you want to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the complete volumen of FIO. When you are satisfied, click on “Buy FIO”. Your order will be filled when a Vendor trades their FIO for the price you offered.
Step 5 – Withdraw FIO Protocol (FIO) Unless you're regularly trading, best advise is not to keep your crypto on an Crypto Exchange for an longer time period. To withdraw your FIO Protocol (FIO), go to the ”Funds” tab and mouse click on “Withdraw”. FIO Protocol (FIO) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate FIO Protocol (FIO) by using the given drop-down box. Enter the amount of FIO Protocol (FIO) you'd like to withdraw. Take into account the shown minimus/fees. Also make sure you have entered your correct withdraw address. If you're satisfied, click on “Submit”. You may be asked for email/phone verification ahead of a take off.