A Step-by-Step-Guide on how to buy Flama (FMA)
Step 1 – Join Kraken In the beginning you'll need to purchase one of the bigger currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click below to register and to get BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Flama (FMA) is available on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this manual) Make sure you have chosen the correct coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etc. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Locate Flama (FMA) As soon as your deposit has been verified, you'll directly have access to your assets and you can launch purchasing and trading. To buy Flama (FMA) on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. In order to discover Flama (FMA), you'll need to put the short name of the asset (FMA) into the search-box, which is highlighted in the graphic. Make sure you have selected the right grouping, we have marked this too. Click on “FMA/BTC” to continue.
Step 4 – Buying Flama (FMA) After you have found Flama (FMA), you'll be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the picture). For now we're creating our own Limit Order. The ”Price” field will be automatically filled with the most up-to-date rate Flama (FMA) was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the amount of FMA you like to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the complete volumen of FMA. If you're happy, make a mouse click on “Buy FMA”. Your order will be filled when a Vender sells their FMA for the price you introduced.
Step 5 – Withdraw Flama (FMA) Unless you are regularly trading, never keep your coins on an Crypto Exchange for an longer time period. In order to withdraw your Flama (FMA), go to the ”Funds” tab and click on “Withdraw”. Flama (FMA) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Flama (FMA) by using the given drop-down box. Enter the amount of Flama (FMA) you would like to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address. When you are glad, click on “Submit”. You could be requested for verfication via email/phone ahead of a withdrawal.