How to Buy Filecoin (FIL) in Anguilla

A Step-by-Step-Guide on how to buy Filecoin (FIL) in Anguilla

Step 1 – Signup to Coinmama

You will first need to buy one of the bigger coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click the button below to register and getting your Bitcoin (BTC) or Ethereum (ETH).

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

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Filecoin (FIL) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow these easy steps)

Make sure you've selected the right coin you wish to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. In the case you're using a decentralized exchange, like Airswap or DDEX could be different (Just follow these easy steps).

Step 3 – Locate {Filecoin (FIL)|(FIL) Filecoin}

Once your deposit has been affirmed, you'll directly have access to your assets and you can start purchasing and trading. To purchase {Filecoin (FIL)|(FIL) Filecoin} on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”.

To find {Filecoin (FIL)|(FIL) Filecoin}, you'll need to put the shortname of the coin (FIL) into the search box, which is marked in the graphic. Be certain of having selected the correct pairing, we have marked this too. Click on “FIL/BTC” to progress.

{How to buy Coin on Binance 1|Binance How To Buy 1} Filecoin (FIL)
Step 4 – Purchasing {Filecoin (FIL)|(FIL) Filecoin}

As soon as you've located {Filecoin (FIL)|(FIL) Filecoin}, you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). And now we are going to create our Limit Order.

The ”Price” field will be automatically filled with the most up-to-date rate {Filecoin (FIL)|(FIL) Filecoin} was sold for. This can be changed to your preferred price. The ”Amount” field is the quantity of FIL you wish to purchase. The ”Total” field is the whole price in BTC that you will settle for the complete quantity of FIL.

When you are happy, make a mouse click on “Buy FIL”. Your order will be filled as soon as a Vendor sells their FIL for the price you gave.

Step 5 – Withdraw {Filecoin (FIL)|(FIL) Filecoin}

Unless you are regularly trading, never keep your crypto coins on an Cryptocurrency Exchange for an longer time frame. To withdraw your {Filecoin (FIL)|(FIL) Filecoin}, go to the ”Funds” tab and mouse click on “Withdraw”. {Filecoin (FIL)|(FIL) Filecoin} can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Filecoin (FIL)|(FIL) Filecoin} by using the provided drop-down box. Enter the quantity of {Filecoin (FIL)|(FIL) Filecoin} you'd wish to withdraw. Take into account the displayed fees/minimums. Also make sure you have entered your correct withdraw address.

If you are glad, click “Submit”. You could be requested for email/phone verification before a take off.

Congrats! You've successfully bought and stored Filecoin (FIL) in Anguilla.

That's it!

Take offs from Exchange can take between 1 – 30 minutes (depending on network usage). As soon as you've confirmed your withdrawal with Ethplorer.io or Etherscan.io and the {Filecoin (FIL)|(FIL) Filecoin} is stored within your wallet, you're done.

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