A Step-by-Step-Guide on how to buy FLO (FLO)
Step 1 – Join Kraken You'll first need to buy one of the major coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below to register and receive ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your Ethereum or Bitcoin has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. FLO (FLO) is accessible on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Follow these easy steps) Make sure you've chosen the precise coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Find FLO (FLO) As soon as your deposit has been approved, you'll immediately have access to your finances and you can commence invest and trading. To buy FLO (FLO) on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”. In order to discover FLO (FLO), you'll need to insert the short name of the asset (FLO) into the search-box, which is marked in the graphic. Make sure you have selected the proper pairing, we've marked this too. Click on “FLO/BTC” to progress.
Step 4 – Purchase FLO (FLO) After you have found FLO (FLO), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). For now we are making our own Limit Order. The ”Price” field will be filled with the latest tariff FLO (FLO) was traded for. This can be changed to your favoured rate. The ”Amount” field is the amount of FLO you like to buy. The field with the “Total” tag is the whole price in BTC that you'll pay for the whole amount of FLO. If you're satisfied, make a mouse click on “Buy FLO”. Your order will be filled when a Seller sells their FLO for the price you submitted.
Step 5 – Withdraw FLO (FLO) Unless you are regularly trading, best advise is not to keep crypto on an Exchange for an extended time frame. In order to withdraw your FLO (FLO), hover over the tab called “Funds” and click on “Withdraw”. FLO (FLO) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate FLO (FLO) by using the given drop-down box. Enter the amount of FLO (FLO) you'd wish to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. When you are glad, make a mouse click on “Submit”. You could be requested for verfication via phone/email ahead of a withdrawal.