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How to Buy CoinFi (COFI)

A Step-by-Step-Guide on how to buy CoinFi (COFI)

Step 1 – Signup to CEX.io

In the beginning you'll need to buy one of the top-tier coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below for registration and getting your ETH (Ethereum) or BTC (Bitcoin).

Binance Signup
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. CoinFi (COFI) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow these easy steps)

Make sure you have chosen the precise coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. If you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our guide).

Step 3 – Find CoinFi (COFI)

Once your deposit has been verified, you'll immediately have access to your assets and you can launch invest and trading. To purchase CoinFi (COFI) on Binance, you will want to hover over the ”Exchange” tab and after that click on “Basic”.

To spot CoinFi (COFI), you'll need to insert the cointype (COFI) into the search-box, which is highlighted in the image. Be certain of having choosen the right pairing, we have highlighted this too. Click on “COFI/BTC” to continue.

{How to buy Coin on Binance 1|Binance How To Buy 1} CoinFi (COFI)
Step 4 – Buy CoinFi (COFI)

Once you've found CoinFi (COFI), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the image). For now we're going to create our own Limit Order.

The ”Price” field will be filled with the most recent price CoinFi (COFI) was traded for. You can change this to your favoured rate. The ”Amount” field is the amount of COFI you like to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the complete quantity of COFI.

If you're glad, make a mouse click on “Buy COFI”. Your plan will be filled as soon as a Vender sells their COFI for the price you introduced.

Step 5 – Withdraw CoinFi (COFI)

Unless you are regularly trading, never keep your crypto coins on an Cryptocurrency Exchange for an longer time frame. To withdraw your CoinFi (COFI), go to the ”Funds” tab and click on “Withdraw”. CoinFi (COFI) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find CoinFi (COFI) by using the provided drop-down box. Drop in the amount of CoinFi (COFI) you would wish to withdraw. Take into account the shown minimus/fees. Also make sure you have filled your precise withdraw address.

When you are glad, make a mouse click on “Submit”. You could be requested for email/phone verification before a take off.

Kudos! You have successfully purchased and stored CoinFi (COFI).

That's it!

Take offs from Exchange can durate between 1 – 30 minutes (depending on usage of the network). Once you have confirmed your take off with Ethplorer.io or Etherscan.io and the CoinFi (COFI) is stored within your wallet, you're all done.

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