How to Buy Four (FORM)

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Formation Fi (FORM) is the bnb-chain-ecosystem related token that has been embraced by crypto enthusiasts and investors since its launch. It is currently ranked number 244 based on market capitalization on CoinMarketCap, with a market capitalization of 97291562 recorded at the time of writing. FORM has been gaining momentum alongside the flourishing cryptocurrency market this year. More and more people are becoming interested in Formation Fi. They wish to invest or purchase Formation Fi (FORM), but may not know how to get started. Here, we will guide you through all the information you need to know about purchasing Formation Fi. Regardless of your location, Bitrue can provide you with a simple and secure way to buy FORM.

Where and how to buy Formation Fi

Formation Fi (FORM) is currently not available for fiat and spot trading on Bitrue exchange. However, you can purchase FORM on decentralized exchanges (DEX). Simply connect your crypto wallet to a DEX, choose the FORM trading pair, and complete the ordering process. Here is a step-by-step guide on purchasing FORM:

Steps to Buy Formation Fi (FORM)

Step 1 Create a Wallet

Choose from various cryptocurrency wallets, including digital wallets and hardware wallets. Typically, creating a cryptocurrency wallet is as simple as installing an application on your phone or computer. When you install the application, your cryptocurrency wallet is automatically created following the installation steps. Remember to note down your mnemonic phrase or private key during wallet creation, as the loss of this information will result in permanent loss of the digital assets stored in the wallet. Once your wallet is created, you can immediately transfer cryptocurrency to it, securely store it, and use it as you wish.

Step 2 Wallet Setup

Configure your wallet with a blockchain network protocol compatible with Formation Fi (FORM), ensuring that your cryptocurrency wallet can receive FORM.

Step 3 Choose a DEX

Select a decentralized exchange (DEX) that supports Formation Fi (FORM) trading. Popular DEX platforms include Uniswap, SushiSwap, PancakeSwap, etc., depending on the blockchain network hosting FORM.

Step 4 Connect Wallet

Connect your cryptocurrency wallet to the chosen DEX. This connection allows you to trade directly from your wallet without the need for a central intermediary.

Step 5 Choose FORM Trading Pair

Locate the FORM trading pair on the DEX platform (DEXs typically list tokens in pairs, such as FORM/ETH, FORM/USDT, etc.). Ensure your wallet has enough cryptocurrency to pay for the desired amount of FORM you want to purchase.

Step 6 Confirm Order

Decide on the type of trade you want to execute. DEX platforms offer options similar to centralized exchanges, such as market orders and limit orders. Confirm and execute your trade.

Step 7 Verify Transaction

Transactions on DEXs are recorded on the blockchain. Verify the completion of your trade on the blockchain explorer using your wallet address.

Step 8 Store Securely

After the transaction is completed, FORM will be automatically stored in your blockchain network wallet address. You may also consider transferring your FORM to a hardware wallet to enhance security, especially if you plan to hold it for the long term. This significantly reduces the risk associated with keeping digital assets in an online wallet.
Decentralized exchanges offer greater privacy, transparency, and control over your assets. However, they may have lower liquidity compared to centralized exchanges, and transactions can sometimes be associated with higher fees depending on the blockchain network. Always conduct thorough research on the chosen DEX and understand its features before initiating transactions.

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Alternative methods to acquire Formation Fi

Apart from directly buying Formation Fi (FORM), what are the alternative methods to acquire Formation Fi ?

Fixed Auto-Investment in FORM

Regularly invest a fixed amount at scheduled intervals in Formation Fi (FORM) digital assets, enjoying both short-term returns and long-term benefits.

Staking FORM

Flexible staking of Formation Fi (FORM) digital assets to earn interest or high returns in other cryptocurrencies.

Get Formation Fi (FORM) for free

If you have enough time, you can obtain Formation Fi for free through the following methods:

- Invite friends to join the Bitrue coupon event and earn free Formation Fi (FORM).

- Join the Bitrue Rewards Center, participate in ongoing challenges and airdrops to receive free Formation Fi.

- All cryptocurrency airdrops and rewards can be exchanged for FORM through coin-to-coin exchange or spot trading.

How to keep your Formation Fi safe and secure

Once you have purchased Formation Fi, it is crucial to store it in a secure location.

If you are highly familiar with operating on-chain Formation Fi wallets, you also have the option to store Formation Fi (FORM) separately in a personal encrypted wallet. This wallet serves to keep your Formation Fi secure and accessible, allowing you to send and receive it while maintaining control.

To ensure the security of your Formation Fi, consider the following types of encrypted wallets:

- Mobile Wallets: Store your private key in an application on your smartphone.

- Web Wallets: Third-party-controlled online servers that store your private key.

- Desktop Wallets: Computer programs that allow you to store your private key on a hard drive.

- Hardware Wallets: Physical devices for offline storage of private keys.

Note: Cryptocurrency wallets do not technically store your Formation Fi encrypted assets. Instead, the assets remain on the blockchain, and access is granted using the digital private keys stored in the wallet.

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Some market stats about FORM

Price Analysis

FORMFour Price Now:

$0.243+0.12%24H

Four is rising this week.

The price of Four has dropped by -16.39% in the last 7 days. It has seen a 0.12% increase in the past 24 hours and a 0.08% increase in just the last hour. The current price is $0.243 per FORM. Four is dropped -93.97% from its all-time high of $4.01.

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Returns based on the average Four price for that year. Not financial advice.

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How to buy other cryptocurrencies

There are lots of ways to buy, swap, and convert crypto. Learn more about how you can do it all using Bitrue with our how to buy crypto guide.

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FAQ About Buy Crypto

What is Formation Fi?

BinaryX (BNX) is the platform cryptocurrency for the BinaryX ecosystem, which includes the DAO and all products & games utilizing BNX. BinaryX began as a decentralized derivative trading system.

How many Formation Fi are there in total?

The total supply of Formation Fi is 572,301,922 and the Circulating Supply is 381,867,255 .

Why are people buying Formation Fi?

People buy Formation Fi for various reasons. Some view it as an investment, expecting its value to increase, while others appreciate its decentralization and anonymity, seeking to avoid restrictions of traditional financial systems. Additionally, Formation Fi serves as a digital asset with transactions independent of central authorities. Overall, motivations for purchasing Formation Fi include investment, risk diversification, and trust in new digital assets.

Should I buy Formation Fi?

Deciding whether to buy Formation Fi depends on individual financial goals, risk tolerance, and understanding of the digital asset market. Formation Fi investments involve market volatility and risks, so it's advisable to thoroughly understand its characteristics and market conditions before purchasing. If you have investment experience, can withstand price fluctuations, and are willing to accept potential losses, buying Formation Fi (FORM) may be a suitable investment choice. However, remember that all investments come with risks.

Can I use cash to buy Formation Fi?

Generally, buying Formation Fi digital assets by cash is relatively challenging, as most cryptocurrency exchanges prefer electronic payments or bank transfers.

How much does it cost to buy 10 FORM?

To purchase 10 FORM, the cost in USD would be $2.43.

What can I do with Formation Fi?

You can use Formation Fi to pay for goods and services, invest, transfer and remit, preserve assets, participate in DeFi, donate, and more.

Disclaimer

Cryptocurrency markets are highly volatile and can experience rapid price fluctuations. You are solely responsible for your investment decisions and Bitrue is not liable for any losses you may incur. We rely on third-party sources for price and other data related to the cryptocurrencies listed above, and we are not responsible for its reliability or accuracy. The information provided on this platform and any associated materials are for informational purposes only and should not be considered as financial or investment advice.

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