A Step-by-Step-Guide on how to buy FYDcoin (FYD) in Anguilla
Step 1 – Join Coinmama You will first need to purchase one of the bigger currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below for registration and getting your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your Ethereum or Bitcoin to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. FYDcoin (FYD) is accessible on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Just follow these easy steps) Make sure you have selected the precise coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Locate FYDcoin (FYD) Once your deposit has been affirmed, you will now have access to your finances and you can launch buying and trading. To invest in FYDcoin (FYD) on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”. To find FYDcoin (FYD), you will need to put the short name of the asset (FYD) into the search-box, which is highlighted in the image. Make sure you have choosen the correct pairing, we have marked this also. Click on “FYD/BTC” to continue.
Step 4 – Buy FYDcoin (FYD) After you've located FYDcoin (FYD), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). For now we are making our own Limit Order. The ”Price” field will be filled with the most recent tariff FYDcoin (FYD) was sold for. You can change this to your preferred price. The field with the “Amount” tag is the quantity of FYD you want to buy. The ”Total” field is the whole price in BTC that you will settle for the complete amount of FYD. When you are satisfied, click on “Buy FYD”. Your order will be filled when a Vendor trades their FYD for the price you offered.
Step 5 – Withdraw FYDcoin (FYD) Unless you're regularly trading, best advise is not to keep your crypto on an Crypto Exchange for an extensive period of time. To take off your FYDcoin (FYD), hover over the tab called “Funds” and click on “Withdraw”. FYDcoin (FYD) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find FYDcoin (FYD) by using the given drop-down box. Drop in the quantity of FYDcoin (FYD) you'd like to withdraw. Don't forget the displayed fees/minimums. Also make sure you have filled your precise withdraw address. When you're glad, click “Submit”. You may be requested for verfication via phone/email before a take off.
Congrats! You've successfully bought and safed FYDcoin (FYD) in Anguilla.That's it! Withdrawals from Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). Once you've confirmed your withdrawal with Etherscan.io or Ethplorer.io and the FYDcoin (FYD) is safe in your wallet, you're all done.
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