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 Funds to an Exchange

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Filecoin (FIL) is accessible on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide)

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

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etcetera. If you're working with a decentralized exchange, like Airswap or DDEX could be different (Follow our manual).

Step 3 – Locate Filecoin (FIL)

Once your deposit has been confirmed, you will directly have access to your funds and you can start buying and trading. To invest in Filecoin (FIL) on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”.

In order to find Filecoin (FIL), you'll need to put the short name of the asset (FIL) into the search box, which is marked in the graphic. Be certain of having choosen the correct pairing, we have highlighted this also. Click on “FIL/BTC” to advance.

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

Once you have discovered Filecoin (FIL), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). And now we are going to make our own Limit Order.

The field with the “Price” tag will be filled with the most latest price Filecoin (FIL) was sold for. You can change this to your desired price. The field with the “Amount” tag is the quantity of FIL you wish to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the whole volumen of FIL.

When you're glad, make a mouse click on “Buy FIL”. Your plan will be filled as soon as a Seller trades their FIL for the price you submitted.

Step 5 – Withdraw Filecoin (FIL)

Unless you are frequently trading, best advise is not to keep crypto on an Crypto Trader for an longer time period. In order to withdraw your Filecoin (FIL), go to the tab called “Funds” and mouse click on “Withdraw”. Filecoin (FIL) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Filecoin (FIL) by using the provided drop-down box. Put into the volumen of Filecoin (FIL) you'd wish to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your correct withdraw address.

When you are glad, click “Submit”. You may be asked for phone/email verification ahead of a withdrawal.

Congratulations! You have successfully purchased and stored Filecoin (FIL) in Anguilla.

That's it!

Take offs from Crypto Trader can durate between 1 – 30 minutes (depending on usage of the network). As soon as you have proved your take off with Ethplorer.io or Etherscan.io and the Filecoin (FIL) is stored within your wallet, you're all done.

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