A Step-by-Step-Guide on how to buy DeFiat (DFT)
Step 1 – Signup to Coinbase and recieve 10$ for free You'll first need to purchase one of the bigger coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click below for registration and to get your welcome 10$.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. DeFiat (DFT) is available on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this manual) Make sure you've chosen the right coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Locate (DFT) DeFiat Once your deposit has been approved, you will immediately have access to your finances and you can commence invest and trading. To invest in (DFT) DeFiat on Binance, you will want to go to the ”Exchange” tab and then click on “Basic”. In order to locate (DFT) DeFiat, you will need to insert the short name of the asset (DFT) into the search box, which is highlighted in the graphic. Be certain of having selected the right pairing, we have highlighted this too. Click on “DFT/BTC” to go ahead.
Step 4 – Purchase (DFT) DeFiat As soon as you've found (DFT) DeFiat, you'll be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). For now we are making our own Limit Order. The ”Price” field will be filled automatically with the most up-to-date valuation (DFT) DeFiat was sold for. This can be changed to your desired price. The field with the “Amount” tag is the amount of DFT you want to buy. The ”Total” field is the whole price in Bitcoin that you will settle for the whole amount of DFT. If you're glad, click on “Buy DFT”. Your order will be filled when a Seller trades their DFT for the price you gave.
Step 5 – Withdraw (DFT) DeFiat Unless you are regularly trading, you should never keepyour crypto on an Exchange for an extended time frame. In order to withdraw your (DFT) DeFiat, go to the ”Funds” tab and click on “Withdraw”. (DFT) DeFiat can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (DFT) DeFiat by using the given drop-down box. Drop in the quantity of (DFT) DeFiat you'd like to withdraw. Don't forget the displayed fees/minimums. Also make sure you have entered your right withdraw address. If you are happy, click on “Submit”. You may be asked for verfication via email/phone ahead of a take off.