A Step-by-Step-Guide on how to buy Factom (FCT) in Anguilla
Step 1 – Signup to Coinmama You'll first need to buy units of the major coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click the button below to register and receive your Ethereum or Bitcoin.
Step 2 – Send Your Funds to an Crypto Exchange Your Bitcoin or Ethereum will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Factom (FCT) is accessible on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you have selected the correct coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etcetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Locate Factom (FCT) As soon as your deposit has been affirmed, you will now have access to your assets and you can commence invest and trading. To buy Factom (FCT) on Binance, you will want to hover over the ”Exchange” tab and after that click on “Basic”. In order to discover Factom (FCT), you will need to insert the short name of the asset (FCT) into the search box, which is marked in the graphic. Be certain of having choosen the correct grouping, we have marked this also. Click on “FCT/BTC” to go on.
Step 4 – Purchase Factom (FCT) After you have discovered Factom (FCT), you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). For now we are going to make our own Limit Order. The field with the “Price” tag will be filled with the most latest price Factom (FCT) was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the amount of FCT you wish to buy. The ”Total” field is the whole price in Bitcoin that you will settle for the complete quantity of FCT. When you're satisfied, click on “Buy FCT”. Your order will be filled when a Vendor trades their FCT for the price you offered.
Step 5 – Withdraw Factom (FCT) Unless you are frequently trading, never keep your coins on an Crypto Trader for an extended period of time. In order to withdraw your Factom (FCT), hover over the ”Funds” tab and click on “Withdraw”. Factom (FCT) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Factom (FCT) by using the given drop-down box. Put into the volumen of Factom (FCT) you would wish to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your correct withdraw address. When you're happy, make a mouse click on “Submit”. You could be requested for email/phone verification before a withdrawal.
Kudos! You have successfully purchased and safed Factom (FCT) in Anguilla.That's it! Take offs from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (rely on network usage). As soon as you have proved your withdrawal using Ethplorer.io or Etherscan.io and the Factom (FCT) is safe inside your wallet, you are done.
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