A Step-by-Step-Guide on how to buy FoodCoin (FOOD)
Step 1 – Join Coinbase and get 10$ for free In the beginning you'll need to purchase units of the top-tier coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below for registration and getting your first 10 Dollar.
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. FoodCoin (FOOD) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this how-to) Make sure you've selected the right coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you are using a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Find FoodCoin (FOOD) Once your deposit has been approved, you'll instantly have access to your finances and you can begin invest and trading. To purchase FoodCoin (FOOD) on Binance, you'll want to hover over the ”Exchange” tab and after that click on “Basic”. To spot FoodCoin (FOOD), you'll need to put the cointype (FOOD) into the search box, which is marked in the picture. Make sure you have selected the right pairing, we have marked this too. Click on “FOOD/BTC” to go on.
Step 4 – Purchase (FOOD) FoodCoin Once you have spotted (FOOD) FoodCoin, you'll be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). And now we are going to make our own Limit Order. The ”Price” field will be filled automatically with the most latest valuation (FOOD) FoodCoin was sold for. This can be changed to your favoured rate. The ”Amount” field is the volumen of FOOD you wish to purchase. The ”Total” field is the whole price in Bitcoin that you will settle for the complete volumen of FOOD. When you're happy, make a mouse click on “Buy FOOD”. Your order will be filled when a Vendor sells their FOOD for the price you introduced.
Step 5 – Withdraw (FOOD) FoodCoin Unless you are trading, best advise is not to keep crypto coins on an Exchange for an extensive period of time. To withdraw your (FOOD) FoodCoin, hover over the tab called “Funds” and click on “Withdraw”. (FOOD) FoodCoin can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (FOOD) FoodCoin by using the provided drop-down box. Enter the volumen of (FOOD) FoodCoin you'd like to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address. When you are happy, click on “Submit”. You could be requested for phone/email verification ahead of a take off.