A Step-by-Step-Guide on how to buy CY Finance (CYF)
Step 1 – Join Coinbase – Get Free $10 In the beginning you'll need to purchase one of the major currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below to register and receive your welcome 10$.
Step 2 – Send Your Ethereum or Bitcoin to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. CY Finance (CYF) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow this how-to) Make sure you've chosen the precise coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. In the case you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our how-to).
Step 3 – Find (CYF) CY Finance As soon as your deposit has been verified, you'll instantly have access to your assets and you can launch invest and trading. To purchase (CYF) CY Finance on Binance, you'll want to hover over the tab which is called “Exchange” and click on “Basic”. To find (CYF) CY Finance, you'll need to put the shortname of the coin (CYF) into the search box, which is highlighted in the image. Be certain of having choosen the proper pairing, we've highlighted this too. Click on “CYF/BTC” to go ahead.
Step 4 – Acquisition of CY Finance (CYF) After you have located CY Finance (CYF), you will be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we're creating our Limit Order. The field with the “Price” tag will be automatically filled with the most recent price CY Finance (CYF) was traded for. This can be changed to your desired price. The field with the “Amount” tag is the amount of CYF you wish to buy. The ”Total” field is the total price in BTC that you will settle for the complete amount of CYF. When you are satisfied, make a mouse click on “Buy CYF”. Your order will be filled when a Seller trades their CYF for the price you offered.
Step 5 – Withdraw CY Finance (CYF) Unless you are frequently trading, you should never keepyour crypto on an Crypto Exchange for an extensive time frame. In order to withdraw your CY Finance (CYF), go to the tab called “Funds” and mouse click on “Withdraw”. CY Finance (CYF) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate CY Finance (CYF) by using the provided drop-down box. Put into the amount of CY Finance (CYF) you would wish to withdraw. Don't forget the displayed minimus/fees. Also make sure you have filled your right withdraw address. When you are happy, make a mouse click on “Submit”. You could be requested for email/phone verification ahead of a withdrawal.