Table of Contents
Step 1 – Register on FTX
Access the website online and click on the Register button on the pinnacle proper of the page. In the pop-up box, enter your e-mail tackle and password. Tick the ‘I agree’ container and hit Click to verify.
Slide to whole the puzzle and proceed to the subsequent step.
Hit on the ‘Sign Up’ button to whole this step.
A window will pop up displaying your ‘Fee Status’. You will get a rate cut-price when you sign-up from a referral link. After reviewing, click on the ‘Close’ button.
Step two – Secure your FTX Account
The first factor you must think about doing after registration is to invulnerable your account. The most regularly used structure of account protection is 2-Factor Authentication or 2FA. To do this, go to your ‘Profile page’.
Click the dropdown for ‘Two Factor Authentication.
Hit on ‘Authy/Google Authenticator’.
Install the Google Authenticator app on your cell device. Once the app is installed, scan the QR code that is proven and enter the token or 6-digit code that the app generates. Click ‘Submit’ to continue.
Voila! Your account is now secured with two-factor authentication.
Step 3- Deposit Cryptocurrencies
FTX permits its customers to credit score cryptocurrencies as properly as fiat money. In this step, we are going to exhibit you how to savings your crypto of choice. First, go to the Wallet section.
In this example, we will exhibit you how to savings XRP. Locate XRP beneath Balances and click on on Deposit subsequent to it.
A pop-up window will show up displaying the credit pockets address. You can additionally credit XRP with the aid of their SPL token program. Close the window as soon as done.
Step 4 – Alternatively, you can Savie Stablecoins
For depositing stablecoins into your FTX account, simply honestly go to the Balances part of your Wallet page. Go to ‘Fiat’ and discover the foreign money that you’ll like to deposit. Click on ‘Deposit’ to continue.
Depositing fiat additionally comes in special selections as proven in the picture below. Select whichever you prefer.
A pop-up window will show up displaying the credit address. You can additionally credit fiat with the aid of their SPL token program. Close the window as soon as done.
Step 5 – Check Your Balance
After depositing your FTX account, you would most possibly additionally favor to take a look at your balance. To do this, go to the Balances area of your Wallet page. You can additionally toggle in between your crypto, leveraged tokens, and fiat balances.
Step 6 – Buy XRP on FTX
Now that you already have stability in your FTX account, it is time to purchase your first crypto from the exchange. There are specific approaches you can purchase property or exchange on FTX however in this step, we will exhibit to you simply the basics. To start, go to the ‘Markets’ page.
Click on the ‘Spot’ section. Since we are aiming to purchase XRP, pick out XRP/USD from the listing of choices. We will buy XRP the usage of your fiat balance.
Go to the order shape and enter the quantity of XRP you would like to buy. It will routinely calculate its equal price in fiat. You additionally have the choice to trade the Order kind and the order structure to 3-parts through clicking on the button pointed by way of the 2d arrow in the photo below.
Here, you will see how the 3-part order shape appears like. Make certain that you recognize the whole thing earlier than figuring out to proceed with the order. After verifying that all facts is correct, hit on ‘Place Orders’. You can effortlessly view your order in the ‘Order History of your Account page.
Congratulations! You have efficiently offered your first XRP on FTX.