To buy Frontier (FRONT) on Binance, you first need to open an account.
1. Register on Binance
Binance is one of the most widely used cryptocurrency exchanges in the world. One of the main reasons for Binance’s popularity is its vast selection of altcoins, which continue to grow with frequent additions. Binance does not require checking for withdrawals below 2 BTC per day, and the exchange also offers a mobile app for iOS and Android devices.
Sign up at Binance
If you do not own any cryptocurrency, you can start by purchasing some BTC on Binance with a credit or debit card.
How to Buy Bitcoin (BTC) with a credit card on Binance?
2. deposit cryptocurrencies
The most convenient cryptocurrencies to deposit are Bitcoin (BTC) and Ethereum (ETH). They both have trading pairs with the vast majority of cryptocurrencies listed on Binance thus giving you maximum flexibility. Note that only ETH can be traded for WHEN on Binance.
To make your deposit, go to the navigation bar at the top of the website and click Funds> Deposits.
A search bar should appear on your screen. Enter the ticker (BTC for Bitcoin, ETH for Ethereum) for the cryptocurrency you want to deposit and select from the drop down menu.
The site will provide you with a deposit address for the cryptocurrency you have chosen. The address will be a string of numbers and letters (lower case and upper case). Copy the address in its entirety and go to your wallet of your choice. Send the amount you want to deposit to the address you copied it to. It’s quite common for the transaction to take up to half an hour to complete, so don’t expect the money to be available on your Binance account right away.
Tip 1: ETH deposit is usually faster than BTC deposit, and comes with lower fees.
Tip 2: For your first deposit, it is recommended to start with a small amount of ETH or BTC just to be safe. Once the small amount reaches your Binance account, you can move on to deposit the amount you actually want to use for trading.
Tip 3: Sometimes restrictions can deposit money from one exchange to another. We strongly advise you to deposit directly from your wallet.
3. Check your balance
To check your balance, go to Funds> Balances in the navigation bar at the top of the site. If you would like to see the coins that have a balance of over 0.001 BTC only, click on Hide small assets.
If your deposit has already been processed, the coin and the amount will appear on the list. If you have several coins, you can use the search bar.
4. Place a purchase order for Frontier.
To place an order, visit Exchange> Basic.
For this step, we will assume you deposited ETH, as you cannot trade BEFORE with BTC. If you deposited a BTC, you will need to buy some ETH first, or deposit some ETH as well.
At the top right corner, select ETH and look for FRONT, which is the ticker for Frontier. The FRONT / ETH trading pair should appear.
After clicking on the trading pair, a price chart will appear in the center. You can place your purchase order under the chart. If you want to buy BEFORE it hits a certain price, use the Limit Order. Enter the desired price (in ETH) and the amount of FRONT you want to buy, then click the Buy FRONT button.
Tip 1: If you are planning to trade different cryptocurrencies, buy some BNB first. The BNB token is used to pay the forwarding fees Binance with 50% discount. To enable the 50% discount, click on the user icon, select the Account menu and turn on the discount.
Tip 2: If you made a large deposit amount of coins, try not to buy your FRONT all at once – instead, consider buying it at different price levels.This is the strategy is called average unit costs.
If you want to buy BEFORE its current price, click on the Market tab and enter how much FRONT you want to buy. The order should be executed almost immediately and the FRONT will be added to your balance soon.
Congratulations, you’ve just completed your first order on Binance!
If you don’t want to use Binance, there are plenty of alternatives – here’s a list of all the exchanges where you can buy BENance.