A Step-by-Step-Guide on how to buy BitDefi (BFI)
Step 1 – Join CEX.io You will first need to purchase units of the major coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below for registration and to get your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your Funds to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. BitDefi (BFI) is accessible on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Follow these easy steps) Make sure you've chosen the precise coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are using a decentralized exchange, such as Airswap or DDEX could be different (Follow our manual).
Step 3 – Find BitDefi (BFI) Once your deposit has been verified, you'll now have access to your funds and you can commence buying and trading. To invest in BitDefi (BFI) on Binance, you'll want to hover over the ”Exchange” tab and then click on “Basic”. To locate BitDefi (BFI), you'll need to insert the shortname of the coin (BFI) into the search box, which is marked in the picture. Be certain of having choosen the right grouping, we have marked this also. Click on “BFI/BTC” to progress.
Step 4 – Purchase BitDefi (BFI) Once you have discovered BitDefi (BFI), you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). Next we are making our own Limit Order. The ”Price” field will be automatically filled with the up-to-date rate BitDefi (BFI) was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the volumen of BFI you like to buy. The field with the “Total” tag is the total price in BTC that you'll pay for the complete volumen of BFI. When you're happy, make a mouse click on “Buy BFI”. Your plan will be filled when a Vender sells their BFI for the price you gave.
Step 5 – Withdraw BitDefi (BFI) Unless you are frequently trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an extended time period. To withdraw your BitDefi (BFI), hover over the ”Funds” tab and click on “Withdraw”. BitDefi (BFI) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate BitDefi (BFI) by using the given drop-down box. Enter the volumen of BitDefi (BFI) you'd like to withdraw. Take into account the displayed minimus/fees. Also make sure you have entered your right withdraw address. If you are satisfied, click on “Submit”. You may be asked for verfication via phone/email ahead of a take off.