A Step-by-Step-Guide on how to buy iDeFi (IDEFI)
Step 1 – Join CEX.io In the beginning you'll need to buy one of the top-tier currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click the button below to register and to get your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. iDeFi (IDEFI) 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? (Just follow this how-to) Make sure you've chosen the precise coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our how-to).
Step 3 – Locate iDeFi (IDEFI) Once your deposit has been verified, you will immediately have access to your funds and you can commence buying and trading. To buy iDeFi (IDEFI) on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”. In order to spot iDeFi (IDEFI), you will need to put the cointype (IDEFI) into the search-box, which is highlighted in the graphic. Make sure you have selected the right pairing, we've highlighted this also. Click on “IDEFI/BTC” to proceed.
Step 4 – Purchasing iDeFi (IDEFI) As soon as you've located iDeFi (IDEFI), you'll be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). For now we are making our Limit Order. The ”Price” field will be filled automatically with the most latest tariff iDeFi (IDEFI) was traded for. This can be changed to your desired price. The field with the “Amount” tag is the amount of IDEFI you like to buy. The ”Total” field is the total price in Bitcoin that you'll settle for the whole amount of IDEFI. When you're satisfied, make a mouse click on “Buy IDEFI”. Your order will be filled as soon as a Vender trades their IDEFI for the price you offered.
Step 5 – Withdraw iDeFi (IDEFI) Unless you're regularly trading, best advise is not to keep crypto coins on an Exchange for an extended time period. To take off your iDeFi (IDEFI), go to the tab called “Funds” and mouse click on “Withdraw”. iDeFi (IDEFI) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate iDeFi (IDEFI) by using the given drop-down box. Put into the volumen of iDeFi (IDEFI) you'd wish to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your right withdraw address. When you're glad, click on “Submit”. You may be asked for verfication via phone/email before a take off.