A Step-by-Step-Guide on how to buy Fire Lotto (FLOT)
Step 1 – Signup to Coinbase and get 10$ for free In the beginning you'll need to buy units of the major currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Click below to register and getting your welcome $10.
Step 2 – Transmit Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Fire Lotto (FLOT) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow these easy steps) Make sure you've selected the right coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our manual).
Step 3 – Find Fire Lotto (FLOT) As soon as your deposit has been verified, you will directly have access to your finances and you can initiate buying and trading. To buy Fire Lotto (FLOT) on Binance, you will want to hover over the ”Exchange” tab and click on “Basic”. In order to find Fire Lotto (FLOT), you will need to put the shortname of the coin (FLOT) into the search-box, which is marked in the image. Make sure you have choosen the correct grouping, we've marked this too. Click on “FLOT/BTC” to proceed.
Step 4 – Acquisition of (FLOT) Fire Lotto As soon as you've spotted (FLOT) Fire Lotto, you will be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we are going to create our own Limit Order. The field with the “Price” tag will be filled with the most up-to-date valuation (FLOT) Fire Lotto was traded for. You can change this to your preferred rate. The ”Amount” field is the volumen of FLOT you want to buy. The ”Total” field is the whole price in Bitcoin that you'll settle for the complete volumen of FLOT. If you are happy, click on “Buy FLOT”. Your order will be filled as soon as a Vendor trades their FLOT for the price you submitted.
Step 5 – Withdraw Fire Lotto (FLOT) Unless you are regularly trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an extensive time frame. To withdraw your Fire Lotto (FLOT), hover over the tab called “Funds” and click on “Withdraw”. Fire Lotto (FLOT) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Fire Lotto (FLOT) by using the given drop-down box. Enter the quantity of Fire Lotto (FLOT) you'd like to withdraw. Take into account the shown minimus/fees. Also make sure you have entered your precise withdraw address. If you are glad, click “Submit”. You may be requested for verfication via email/phone before a withdrawal.