A Step-by-Step-Guide on how to buy Moon YFI (MYFI)
Step 1 – Join Coinbase – Get Free $10 You'll first need to buy units of the top-tier currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click below for registration and to get your welcome $10.
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your Bitcoin or Ethereum has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Moon YFI (MYFI) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Just follow these easy steps) Make sure you have selected the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. If you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Find (MYFI) Moon YFI As soon as your deposit has been confirmed, you will now have access to your finances and you can launch buying and trading. To purchase (MYFI) Moon YFI on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”. In order to locate (MYFI) Moon YFI, you will need to insert the cointype (MYFI) into the search box, which is marked in the graphic. Be certain of having selected the correct pairing, we have marked this too. Click on “MYFI/BTC” to progress.
Step 4 – Buy Moon YFI (MYFI) After you have spotted Moon YFI (MYFI), you will be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we are going to make our Limit Order. The ”Price” field will be automatically filled with the latest tariff Moon YFI (MYFI) was traded for. You can change this to your desired price. The ”Amount” field is the volumen of MYFI you like to purchase. The field with the “Total” tag is the whole price in BTC that you'll settle for the whole volumen of MYFI. When you are happy, click on “Buy MYFI”. Your plan will be filled as soon as a Vender sells their MYFI for the price you submitted.
Step 5 – Withdraw (MYFI) Moon YFI Unless you're frequently trading, never keep your coins on an Crypto Trader for an extended time period. In order to withdraw your (MYFI) Moon YFI, go to the ”Funds” tab and mouse click on “Withdraw”. (MYFI) Moon YFI can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (MYFI) Moon YFI by using the given drop-down box. Put into the volumen of (MYFI) Moon YFI you'd like to withdraw. Take into account the shown minimus/fees. Also make sure you have entered your precise withdraw address. If you're glad, click “Submit”. You could be asked for verfication via email/phone before a take off.