How to Buy FIO Protocol (FIO)

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).

Binance Signup
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Trader

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. FIO Protocol (FIO) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual)

Make sure you have selected the exact coin you want to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. If you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow our how-to).

Step 3 – Locate FIO Protocol (FIO)

Once your deposit has been approved, you will now have access to your assets and you can initiate invest and trading. To invest in FIO Protocol (FIO) on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to find FIO Protocol (FIO), you'll need to insert the cointype (FIO) into the search box, which is highlighted in the picture. Make sure you have selected the correct grouping, we've marked this too. Click on “FIO/BTC” to continue.

Binance Hot To Buy FIO Protocol (FIO)
Binance How to Buy (FIO) FIO Protocol
Step 4 – Purchasing FIO Protocol (FIO)

After you've discovered FIO Protocol (FIO), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). For now we're going to create our own Limit Order.

The ”Price” field will be automatically filled with the most up-to-date price FIO Protocol (FIO) was sold for. This can be changed to your favoured price. The ”Amount” field is the volumen of FIO you wish to buy. The field with the “Total” tag is the whole price in BTC that you'll settle for the whole volumen of FIO.

If you are satisfied, click on “Buy FIO”. Your plan will be filled when a Vendor trades their FIO for the price you introduced.

Step 5 – Withdraw FIO Protocol (FIO)

Unless you are regularly trading, best advise is not to keep crypto coins on an Crypto Exchange for an longer time period. To take off your FIO Protocol (FIO), go to the ”Funds” tab and mouse click on “Withdraw”. FIO Protocol (FIO) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find FIO Protocol (FIO) by using the provided drop-down box. Drop in the amount of FIO Protocol (FIO) you'd wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address.

If you are glad, click “Submit”. You could be requested for verfication via phone/email before a take off.

Binance Withdraw

Kudos! You've successfully bought and stored FIO Protocol (FIO).

That's it!

Withdrawals from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). Once you have confirmed your take off with Etherscan.io or Ethplorer.io and the (FIO) FIO Protocol is stored within your wallet, you are all done.

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