How to Buy Filecoin (FIL) in Armenia

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

Step 1 – Signup to Coinmama

In the beginning you'll need to purchase units of the bigger currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click the button below for registration and to get your Ethereum (ETH) or Bitcoin (BTC).

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

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

Make sure you have chosen the precise coin you would like to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow these easy steps).

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

Once your deposit has been verified, you will directly have access to your finances and you can begin purchasing and trading. To invest in {Filecoin (FIL)|(FIL) Filecoin} on Binance, you will want to go to the ”Exchange” tab and click on “Basic”.

In order to find {Filecoin (FIL)|(FIL) Filecoin}, you will need to put the cointype (FIL) into the search box, which is marked in the picture. Make sure you have choosen the right pairing, we have marked this too. Click on “FIL/BTC” to go ahead.

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

After you have discovered {Filecoin (FIL)|(FIL) Filecoin}, you'll be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). For now we're creating our Limit Order.

The field with the “Price” tag will be filled automatically with the recent tariff {Filecoin (FIL)|(FIL) Filecoin} was traded for. You can change this to your desired rate. The ”Amount” field is the volumen of FIL you wish to purchase. The field with the “Total” tag is the total price in BTC that you will pay for the whole volumen of FIL.

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

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

Unless you are frequently trading, you should never keepyour coins on an Crypto Trader for an extensive time period. In order to take off 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, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Filecoin (FIL)|(FIL) Filecoin} by using the given drop-down box. Put into the quantity of {Filecoin (FIL)|(FIL) Filecoin} you'd wish to take off. Don't forget the shown fees/minimums. Also make sure you have entered your correct withdraw address.

If you are happy, make a mouse click on “Submit”. You could be requested for verfication via email/phone before a withdrawal.

Congratulations! You have successfully bought and stored Filecoin (FIL) in Armenia.

That's it!

Withdrawals from Crypto Trader can durate anywhere from 1 – 30 minutes (rely on network usage). As soon as you've confirmed your take off using Etherscan.io or Ethplorer.io and the {Filecoin (FIL)|(FIL) Filecoin} is safe inside your wallet, you're all done.

And some more interesting Altcoins:

How to buy QUEENBEE (QBZ) in Anguilla
How to buy PromotionChain (PC) in Anguilla
How to buy Ladder Network Token (LAD) in Azerbaijan