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 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. FLO (FLO) is available on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this guide) Make sure you have chosen the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).
Step 3 – Find FLO (FLO) As soon as your deposit has been approved, you'll directly have access to your funds and you can begin buying and trading. To purchase FLO (FLO) on Binance, you'll want to go to the ”Exchange” tab and then mouse click on “Basic”. To locate FLO (FLO), you'll need to put the short name of the asset (FLO) into the search box, which is highlighted in the picture. Be certain of having choosen the correct pairing, we've marked this also. Click on “FLO/BTC” to progress.
Step 4 – Purchasing FLO (FLO) After you've discovered FLO (FLO), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). For now we are making our own Limit Order. The ”Price” field will be filled automatically with the most recent tariff FLO (FLO) was traded for. You can change this to your favoured price. The ”Amount” field is the amount of FLO you want to buy. The ”Total” field is the aggregated price in BTC that you'll settle for the complete amount of FLO. When you're happy, make a mouse click on “Buy FLO”. Your order will be filled as soon as a Seller trades their FLO for the price you gave.
Step 5 – Withdraw FLO (FLO) Unless you're regularly trading, never keep your coins on an Crypto Exchange for an longer time period. In order to take off your FLO (FLO), hover over the ”Funds” tab and click on “Withdraw”. FLO (FLO) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find FLO (FLO) by using the given drop-down box. Enter the volumen of FLO (FLO) you'd wish to withdraw. Take into account the displayed fees/minimums. Also make sure you have filled your precise withdraw address. If you are happy, make a mouse click on “Submit”. You may be requested for phone/email verification ahead of a take off.