A Step-by-Step-Guide on how to buy FlypMe (FYP)
Step 1 – Signup to CEX.io You will first need to purchase one of the top-tier currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for alternative Coins. Click the button below to register and getting Ethereum or Bitcoin.
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. FlypMe (FYP) is available on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide) Make sure you have selected the correct coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you're using a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).
Step 3 – Locate FlypMe (FYP) As soon as your deposit has been confirmed, you'll immediately have access to your funds and you can commence buying and trading. To purchase FlypMe (FYP) on Binance, you'll want to go to the ”Exchange” tab and click on “Basic”. In order to find FlypMe (FYP), you'll need to put the short name of the asset (FYP) into the search box, which is highlighted in the image. Be certain of having selected the proper grouping, we've highlighted this too. Click on “FYP/BTC” to continue.
Step 4 – Buying FlypMe (FYP) As soon as you've discovered FlypMe (FYP), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're going to create our Limit Order. The ”Price” field will be filled automatically with the most recent valuation FlypMe (FYP) was sold for. You can change this to your desired price. The ”Amount” field is the volumen of FYP you like to purchase. The ”Total” field is the total price in BTC that you will pay for the complete volumen of FYP. If you are happy, make a mouse click on “Buy FYP”. Your order will be filled when a Vendor trades their FYP for the price you introduced.
Step 5 – Withdraw FlypMe (FYP) Unless you are frequently trading, best advise is not to keep crypto coins on an Exchange for an extensive time frame. To withdraw your FlypMe (FYP), go to the ”Funds” tab and click on “Withdraw”. FlypMe (FYP) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate FlypMe (FYP) by using the given drop-down box. Enter the amount of FlypMe (FYP) you'd wish to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have entered your right withdraw address. When you are glad, click on “Submit”. You could be requested for verfication via email/phone before a withdrawal.