A Step-by-Step-Guide on how to buy DogeFi (DOGEFI)
Step 1 – Join CEX.io You'll first need to purchase units of the top-tier coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below for registration and to get your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. DogeFi (DOGEFI) is obtainable on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this manual) Make sure you've chosen the correct coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. If you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Locate DogeFi (DOGEFI) Once your deposit has been confirmed, you will instantly have access to your finances and you can initiate invest and trading. To invest in DogeFi (DOGEFI) on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”. In order to spot DogeFi (DOGEFI), you'll need to insert the cointype (DOGEFI) into the search box, which is highlighted in the image. Make sure you have selected the correct grouping, we have marked this also. Click on “DOGEFI/BTC” to proceed.
Step 4 – Purchase DogeFi (DOGEFI) After you've found DogeFi (DOGEFI), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). Next we're going to create our own Limit Order. The field with the “Price” tag will be filled automatically with the most latest rate DogeFi (DOGEFI) was sold for. This can be changed to your preferred price. The field with the “Amount” tag is the volumen of DOGEFI you wish to purchase. The field with the “Total” tag is the whole price in BTC that you will pay for the complete amount of DOGEFI. When you are satisfied, click on “Buy DOGEFI”. Your plan will be filled when a Vender sells their DOGEFI for the price you offered.
Step 5 – Withdraw DogeFi (DOGEFI) Unless you are regularly trading, best advise is not to keep coins on an Cryptocurrency Exchange for an longer time frame. To take off your DogeFi (DOGEFI), go to the ”Funds” tab and mouse click on “Withdraw”. DogeFi (DOGEFI) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate DogeFi (DOGEFI) by using the given drop-down box. Drop in the volumen of DogeFi (DOGEFI) you'd like to take off. Don't forget the presented fees/minimums. Also make sure you have filled your correct withdraw address. If you're happy, click “Submit”. You may be requested for email/phone verification before a withdrawal.