A Step-by-Step-Guide on how to buy DeFiat (DFT)
Step 1 – Signup to CEX.io You will first need to purchase units of the top-tier coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below to register and to get your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Funds to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. DeFiat (DFT) is available on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Follow these easy steps) Make sure you have selected the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. If you're working with a decentralized exchange, like Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Locate DeFiat (DFT) As soon as your deposit has been verified, you'll immediately have access to your assets and you can start purchasing and trading. To purchase DeFiat (DFT) on Binance, you'll want to hover over the tab which is called “Exchange” and click on “Basic”. To discover DeFiat (DFT), you'll need to put the cointype (DFT) into the search-box, which is marked in the graphic. Be certain of having choosen the correct pairing, we've marked this also. Click on “DFT/BTC” to go ahead.
Step 4 – Buying DeFiat (DFT) After you've located DeFiat (DFT), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we're making our own Limit Order. The ”Price” field will be filled with the up-to-date tariff DeFiat (DFT) was traded for. This can be changed to your desired rate. The ”Amount” field is the quantity of DFT you wish to buy. The ”Total” field is the whole price in BTC that you'll pay for the whole quantity of DFT. If you are happy, click on “Buy DFT”. Your plan will be filled as soon as a Seller sells their DFT for the price you offered.
Step 5 – Withdraw DeFiat (DFT) Unless you're trading, best advise is not to keep your coins on an Exchange for an extended time frame. In order to take off your DeFiat (DFT), hover over the tab called “Funds” and mouse click on “Withdraw”. DeFiat (DFT) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate DeFiat (DFT) by using the provided drop-down box. Drop in the quantity of DeFiat (DFT) you'd like to take off. Take into account the displayed minimus/fees. Also make sure you have entered your correct withdraw address. If you're glad, click “Submit”. You may be asked for verfication via email/phone ahead of a withdrawal.