A Step-by-Step-Guide on how to buy FTX Token (FTT)
Step 1 – Join Kraken In the beginning you'll need to purchase units of the bigger currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below to register and getting Ethereum or Bitcoin.
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. FTX Token (FTT) is obtainable on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (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, Ethereum to an ETH deposit address, et cetera. In the case you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Locate FTX Token (FTT) Once your deposit has been affirmed, you'll now have access to your funds and you can commence purchasing and trading. To invest in FTX Token (FTT) on Binance, you'll want to hover over the ”Exchange” tab and after that mouse click on “Basic”. To find FTX Token (FTT), you'll need to put the short name of the asset (FTT) into the search box, which is highlighted in the image. Make sure you have selected the right pairing, we have highlighted this also. Click on “FTT/BTC” to proceed.
Step 4 – Acquisition of FTX Token (FTT) Once you've discovered FTX Token (FTT), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the picture). Next we are going to make our own Limit Order. The field with the “Price” tag will be filled with the most up-to-date tariff FTX Token (FTT) was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the volumen of FTT you like to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the whole volumen of FTT. If you are happy, make a mouse click on “Buy FTT”. Your plan will be filled as soon as a Seller trades their FTT for the price you gave.
Step 5 – Withdraw FTX Token (FTT) Unless you are regularly trading, best advise is not to keep crypto coins on an Exchange for an longer time frame. In order to withdraw your FTX Token (FTT), go to the tab called “Funds” and click on “Withdraw”. FTX Token (FTT) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find FTX Token (FTT) by using the given drop-down box. Enter the volumen of FTX Token (FTT) you'd wish to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address. When you are happy, click “Submit”. You may be requested for phone/email verification ahead of a take off.