A Step-by-Step-Guide on how to buy Freicoin (FRC)
Step 1 – Signup to Kraken In the beginning you'll need to buy units of the top-tier currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below for registration and receive Bitcoin or Ethereum.
Step 2 – Transfer Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Freicoin (FRC) is obtainable on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this manual) Make sure you have selected the correct coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Find Freicoin (FRC) As soon as your deposit has been approved, you'll immediately have access to your funds and you can start buying and trading. To buy Freicoin (FRC) on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. In order to find Freicoin (FRC), you'll need to insert the short name of the asset (FRC) into the search-box, which is marked in the picture. Be certain of having choosen the proper grouping, we've marked this also. Click on “FRC/BTC” to advance.
Step 4 – Purchase Freicoin (FRC) Once you have located Freicoin (FRC), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). For now we're going to make our own Limit Order. The ”Price” field will be filled automatically with the latest valuation Freicoin (FRC) was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of FRC you want to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the whole amount of FRC. If you're happy, make a mouse click on “Buy FRC”. Your plan will be filled as soon as a Vendor trades their FRC for the price you offered.
Step 5 – Withdraw Freicoin (FRC) Unless you're frequently trading, best advise is not to keep your crypto on an Crypto Exchange for an extended time frame. In order to take off your Freicoin (FRC), go to the ”Funds” tab and click on “Withdraw”. Freicoin (FRC) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Freicoin (FRC) by using the given drop-down box. Put into the volumen of Freicoin (FRC) you would like to take off. Don't forget the shown minimus/fees. Also make sure you have entered your precise withdraw address. If you're happy, click “Submit”. You could be requested for email/phone verification before a take off.