A Step-by-Step-Guide on how to buy Food Token (FDT)
Step 1 – Signup to Kraken You'll first need to purchase units of the top-tier coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below to register and getting Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your Bitcoin or Ethereum to an Exchange Your Bitcoin or Ethereum will need to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Food Token (FDT) is accessible on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Follow this how-to) Make sure you have chosen the right coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Locate Food Token (FDT) Once your deposit has been confirmed, you'll now have access to your finances and you can start purchasing and trading. To purchase Food Token (FDT) on Binance, you'll want to go to the tab which is called “Exchange” and mouse click on “Basic”. To find Food Token (FDT), you'll need to insert the shortname of the coin (FDT) into the search box, which is highlighted in the image. Make sure you have selected the proper grouping, we've highlighted this too. Click on “FDT/BTC” to proceed.
Step 4 – Buy Food Token (FDT) As soon as you have located Food Token (FDT), 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 making our Limit Order. The ”Price” field will be filled automatically with the up-to-date rate Food Token (FDT) was traded for. You can change this to your desired rate. The ”Amount” field is the quantity of FDT you want to purchase. The field with the “Total” tag is the aggregated price in BTC that you will pay for the whole quantity of FDT. If you are happy, click on “Buy FDT”. Your order will be filled when a Vendor trades their FDT for the price you gave.
Step 5 – Withdraw Food Token (FDT) Unless you're trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an extended time period. To withdraw your Food Token (FDT), hover over the ”Funds” tab and mouse click on “Withdraw”. Food Token (FDT) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Food Token (FDT) by using the provided drop-down box. Drop in the amount of Food Token (FDT) you'd like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your correct withdraw address. When you're satisfied, make a mouse click on “Submit”. You may be asked for email/phone verification before a withdrawal.