A Step-by-Step-Guide on how to buy Flow Protocol (FLOW)
Step 1 – Signup to Kraken You'll first need to buy units of the top-tier currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below for registration and to get Ethereum or Bitcoin.
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Flow Protocol (FLOW) is accessible on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow these easy steps) Make sure you've chosen the right coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our manual).
Step 3 – Locate Flow Protocol (FLOW) As soon as your deposit has been verified, you will directly have access to your assets and you can start purchasing and trading. To purchase Flow Protocol (FLOW) on Binance, you will want to hover over the ”Exchange” tab and mouse click on “Basic”. To locate Flow Protocol (FLOW), you will need to put the short name of the asset (FLOW) into the search box, which is marked in the picture. Make sure you have choosen the correct grouping, we have marked this too. Click on “FLOW/BTC” to continue.
Step 4 – Buy Flow Protocol (FLOW) As soon as you have discovered Flow Protocol (FLOW), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we are creating our own Limit Order. The field with the “Price” tag will be filled automatically with the recent valuation Flow Protocol (FLOW) was traded for. This can be changed to your desired rate. The ”Amount” field is the quantity of FLOW you wish to buy. The ”Total” field is the total price in BTC that you'll settle for the whole quantity of FLOW. When you're happy, make a mouse click on “Buy FLOW”. Your order will be filled when a Vender sells their FLOW for the price you gave.
Step 5 – Withdraw Flow Protocol (FLOW) Unless you're trading, you should never keepyour crypto coins on an Crypto Trader for an extensive time period. In order to withdraw your Flow Protocol (FLOW), hover over the tab called “Funds” and mouse click on “Withdraw”. Flow Protocol (FLOW) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Flow Protocol (FLOW) by using the given drop-down box. Put into the volumen of Flow Protocol (FLOW) you'd wish to withdraw. Take into account the presented minimus/fees. Also make sure you have filled your precise withdraw address. When you're glad, click “Submit”. You may be asked for verfication via email/phone ahead of a withdrawal.