A Step-by-Step-Guide on how to buy Dfinity [IOU] (DFN)
Step 1 – Join Coinbase and get 10$ for free In the beginning you'll need to buy one of the top-tier coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for alternative Coins. Follow the Link below for registration and to get your first 10$.
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Dfinity [IOU] (DFN) is available on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow these easy steps) Make sure you have selected the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. In the case you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Locate (DFN) Dfinity [IOU] Once your deposit has been approved, you will directly have access to your funds and you can initiate buying and trading. To purchase (DFN) Dfinity [IOU] on Binance, you will want to go to the ”Exchange” tab and click on “Basic”. In order to discover (DFN) Dfinity [IOU], you will need to put the cointype (DFN) into the search-box, which is marked in the picture. Be certain of having choosen the proper pairing, we've marked this also. Click on “DFN/BTC” to advance.
Step 4 – Purchasing (DFN) Dfinity [IOU] After you've spotted (DFN) Dfinity [IOU], you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we are making our own Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date price (DFN) Dfinity [IOU] was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of DFN you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the complete amount of DFN. If you're glad, make a mouse click on “Buy DFN”. Your order will be filled when a Seller trades their DFN for the price you introduced.
Step 5 – Withdraw Dfinity [IOU] (DFN) Unless you are frequently trading, never keep your crypto on an Crypto Exchange for an longer period of time. In order to withdraw your Dfinity [IOU] (DFN), hover over the tab called “Funds” and mouse click on “Withdraw”. Dfinity [IOU] (DFN) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Dfinity [IOU] (DFN) by using the given drop-down box. Drop in the amount of Dfinity [IOU] (DFN) you'd like to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your precise withdraw address. When you are satisfied, click on “Submit”. You could be requested for phone/email verification ahead of a take off.