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 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. FTX Token (FTT) is accessible on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Follow this manual) Make sure you have selected the right coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our manual).
Step 3 – Locate FTX Token (FTT) Once your deposit has been affirmed, you will immediately have access to your assets and you can start invest and trading. To purchase FTX Token (FTT) on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”. In order to spot FTX Token (FTT), you'll need to insert the cointype (FTT) into the search box, which is highlighted in the picture. Be certain of having choosen the right pairing, we've highlighted this too. Click on “FTT/BTC” to go ahead.
Step 4 – Purchase FTX Token (FTT) As soon as you've located FTX Token (FTT), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we are making our own Limit Order. The ”Price” field will be filled automatically with the most recent rate FTX Token (FTT) was sold for. You can change this to your preferred rate. The ”Amount” field is the amount of FTT you wish to purchase. The ”Total” field is the total price in Bitcoin that you'll settle for the whole quantity of FTT. If you're happy, make a mouse click on “Buy FTT”. Your order will be filled when a Vendor trades their FTT for the price you submitted.
Step 5 – Withdraw FTX Token (FTT) Unless you are regularly trading, best advise is not to keep crypto coins on an Crypto Trader for an extended time period. To take off your FTX Token (FTT), go to the tab called “Funds” and click on “Withdraw”. FTX Token (FTT) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find FTX Token (FTT) by using the provided drop-down box. Enter the volumen of FTX Token (FTT) you'd wish to take off. Don't forget the displayed minimus/fees. Also make sure you have entered your precise withdraw address. If you're glad, click “Submit”. You may be requested for verfication via phone/email ahead of a withdrawal.