A Step-by-Step-Guide on how to buy iDeFi (IDEFI)
Step 1 – Signup to CEX.io In the beginning you'll need to buy units of the top-tier coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for alternative Coins. Click below to register and receive your Bitcoin or Ethereum.
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. Every exchange has a deposit form that is alike. iDeFi (IDEFI) is accessible on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Just follow these easy steps) Make sure you have chosen the exact coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our how-to).
Step 3 – Locate iDeFi (IDEFI) As soon as your deposit has been affirmed, you'll directly have access to your funds and you can launch buying and trading. To purchase iDeFi (IDEFI) on Binance, you'll want to go to the ”Exchange” tab and then click on “Basic”. To locate iDeFi (IDEFI), you'll need to insert the shortname of the coin (IDEFI) into the search-box, which is highlighted in the graphic. Be certain of having selected the proper pairing, we've highlighted this too. Click on “IDEFI/BTC” to progress.
Step 4 – Purchase iDeFi (IDEFI) Once you've located iDeFi (IDEFI), you'll be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). Next we are creating our Limit Order. The field with the “Price” tag will be filled with the most recent tariff iDeFi (IDEFI) was traded for. You can change this to your desired rate. The field with the “Amount” tag is the volumen of IDEFI you wish to purchase. The ”Total” field is the total price in Bitcoin that you will settle for the complete volumen of IDEFI. When you're glad, click on “Buy IDEFI”. Your plan will be filled as soon as a Seller trades their IDEFI for the price you offered.
Step 5 – Withdraw iDeFi (IDEFI) Unless you are frequently trading, you should never keepyour crypto on an Exchange for an extensive period of time. To take off your iDeFi (IDEFI), hover over the tab called “Funds” and click on “Withdraw”. iDeFi (IDEFI) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate iDeFi (IDEFI) by using the given drop-down box. Put into the quantity of iDeFi (IDEFI) you would wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address. If you are happy, click “Submit”. You could be requested for phone/email verification before a take off.