A Step-by-Step-Guide on how to buy Freicoin (FRC)
Step 1 – Signup to CEX.io In the beginning you'll need to purchase units of the major coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click the button below to register and getting Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Bitcoin or Ethereum 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. Freicoin (FRC) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this manual) Make sure you've chosen the correct coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Locate (FRC) Freicoin As soon as your deposit has been approved, you will directly have access to your funds and you can launch buying and trading. To purchase (FRC) Freicoin on Binance, you will want to go to the ”Exchange” tab and after that click on “Basic”. To spot (FRC) Freicoin, you will need to insert the shortname of the coin (FRC) into the search box, which is marked in the graphic. Make sure you have selected the correct pairing, we have marked this also. Click on “FRC/BTC” to proceed.
Step 4 – Buy (FRC) Freicoin After you have located (FRC) Freicoin, you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we are making our own Limit Order. The field with the “Price” tag will be filled automatically with the recent rate (FRC) Freicoin was traded for. This can be changed to your favoured price. The ”Amount” field is the amount of FRC you like to buy. The field with the “Total” tag is the total price in BTC that you will pay for the whole amount of FRC. When you're glad, click on “Buy FRC”. Your order will be filled when a Seller trades their FRC for the price you submitted.
Step 5 – Withdraw (FRC) Freicoin Unless you're regularly trading, best advise is not to keep crypto on an Exchange for an extended time period. To take off your (FRC) Freicoin, hover over the tab called “Funds” and click on “Withdraw”. (FRC) Freicoin can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (FRC) Freicoin by using the provided drop-down box. Put into the amount of (FRC) Freicoin you would like to take off. Take into account the presented minimus/fees. Also make sure you have entered your correct withdraw address. When you're satisfied, click on “Submit”. You could be requested for phone/email verification before a take off.