A Step-by-Step-Guide on how to buy Flow Protocol (FLOW)
Step 1 – Join CEX.io You will first need to purchase one of the top-tier currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below for registration and receive Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Flow Protocol (FLOW) is available 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 have chosen the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are working with a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).
Step 3 – Locate (FLOW) Flow Protocol As soon as your deposit has been verified, you will now have access to your assets and you can initiate purchasing and trading. To invest in (FLOW) Flow Protocol on Binance, you will want to go to the ”Exchange” tab and after that mouse click on “Basic”. In order to locate (FLOW) Flow Protocol, you will need to put the short name of the asset (FLOW) into the search box, which is marked in the picture. Be certain of having choosen the proper grouping, we've marked this too. Click on “FLOW/BTC” to go on.
Step 4 – Acquisition of (FLOW) Flow Protocol As soon as you have spotted (FLOW) Flow Protocol, you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). Next we're going to create our Limit Order. The ”Price” field will be filled automatically with the up-to-date price (FLOW) Flow Protocol was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the volumen of FLOW you like to purchase. The ”Total” field is the total price in Bitcoin that you will pay for the complete volumen of FLOW. When you're glad, click on “Buy FLOW”. Your plan will be filled when a Vendor trades their FLOW for the price you submitted.
Step 5 – Withdraw (FLOW) Flow Protocol Unless you're frequently trading, best advise is not to keep crypto on an Exchange for an extended time frame. To take off your (FLOW) Flow Protocol, go to the tab called “Funds” and mouse click on “Withdraw”. (FLOW) Flow Protocol can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (FLOW) Flow Protocol by using the given drop-down box. Drop in the amount of (FLOW) Flow Protocol you would like to take off. Take into account the shown fees/minimums. Also make sure you have entered your right withdraw address. If you're satisfied, click “Submit”. You could be asked for verfication via phone/email ahead of a withdrawal.