How to Buy Factom (FCT) in Anguilla

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.

Binance Signup
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Factom (FCT) is obtainable on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow these easy steps)

Make sure you have chosen the right coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our manual).

Step 3 – Find {Factom (FCT)|(FCT) Factom}

As soon as your deposit has been verified, you will immediately have access to your funds and you can launch purchasing and trading. To buy {Factom (FCT)|(FCT) Factom} on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”.

To spot {Factom (FCT)|(FCT) Factom}, you will need to insert the shortname of the coin (FCT) into the search-box, which is highlighted in the image. Make sure you have choosen the right pairing, we have highlighted this also. Click on “FCT/BTC” to go on.

{How to buy Coin on Binance 1|Binance How To Buy 1} Factom (FCT)
Step 4 – Buy {Factom (FCT)|(FCT) Factom}

Once you have located {Factom (FCT)|(FCT) Factom}, you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). For now we're going to create our own Limit Order.

The ”Price” field will be filled automatically with the most up-to-date tariff {Factom (FCT)|(FCT) Factom} was traded for. This can be changed to your desired price. The ”Amount” field is the amount of FCT you want to buy. The ”Total” field is the whole price in Bitcoin that you will pay for the whole amount of FCT.

If you're happy, click on “Buy FCT”. Your plan will be filled when a Vendor trades their FCT for the price you submitted.

Step 5 – Withdraw {Factom (FCT)|(FCT) Factom}

Unless you're regularly trading, never keep your crypto on an Exchange for an extensive time frame. In order to withdraw your {Factom (FCT)|(FCT) Factom}, hover over the tab called “Funds” and mouse click on “Withdraw”. {Factom (FCT)|(FCT) Factom} can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Factom (FCT)|(FCT) Factom} by using the given drop-down box. Enter the volumen of {Factom (FCT)|(FCT) Factom} you'd like to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address.

When you're happy, click on “Submit”. You could be requested for verfication via email/phone before a take off.

Kudos! You have successfully purchased and stored Factom (FCT) in Anguilla.

That's it!

Withdrawals from Crypto Trader can take between 1 – 30 minutes (rely on usage of the network). Once you've proved your withdrawal with Etherscan.io or Ethplorer.io and the {Factom (FCT)|(FCT) Factom} is stored within your wallet, you are done.

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