A Step-by-Step-Guide on how to buy DeFiat (DFT)
Step 1 – Join CEX.io You will first need to purchase one of the top-tier coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Follow the Link below to register and getting your Bitcoin or Ethereum.
Step 2 – Transmit Your Funds to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. DeFiat (DFT) is obtainable on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this manual) Make sure you've chosen the correct coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. In the case you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our how-to).
Step 3 – Locate (DFT) DeFiat As soon as your deposit has been approved, you will directly have access to your finances and you can start purchasing and trading. To purchase (DFT) DeFiat on Binance, you will want to hover over the tab which is called “Exchange” and mouse click on “Basic”. To discover (DFT) DeFiat, you will need to put the short name of the asset (DFT) into the search box, which is highlighted in the picture. Be certain of having choosen the proper grouping, we have highlighted this too. Click on “DFT/BTC” to proceed.
Step 4 – Acquisition of DeFiat (DFT) As soon as you've found DeFiat (DFT), you'll be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we are creating our own Limit Order. The ”Price” field will be filled automatically with the recent valuation DeFiat (DFT) was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the quantity of DFT you wish to purchase. The ”Total” field is the aggregated price in Bitcoin that you'll pay for the whole quantity of DFT. When you are happy, make a mouse click on “Buy DFT”. Your order will be filled as soon as a Vender sells their DFT for the price you gave.
Step 5 – Withdraw (DFT) DeFiat Unless you are regularly trading, best advise is not to keep crypto on an Crypto Trader for an extensive time period. In order to withdraw your (DFT) DeFiat, hover over the tab called “Funds” and click on “Withdraw”. (DFT) DeFiat can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (DFT) DeFiat by using the provided drop-down box. Put into the quantity of (DFT) DeFiat you'd wish to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your correct withdraw address. If you are glad, make a mouse click on “Submit”. You could be asked for verfication via email/phone before a withdrawal.