A Step-by-Step-Guide on how to buy YfDAI.finance (YF-DAI)
Step 1 – Signup to CEX.io You will first need to purchase units of the bigger currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Follow the Link below for registration and getting your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. YfDAI.finance (YF-DAI) is available on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this how-to) Make sure you have selected the correct coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our how-to).
Step 3 – Find (YF-DAI) YfDAI.finance Once your deposit has been affirmed, you will directly have access to your funds and you can begin purchasing and trading. To buy (YF-DAI) YfDAI.finance on Binance, you will want to go to the ”Exchange” tab and after that click on “Basic”. To locate (YF-DAI) YfDAI.finance, you will need to insert the cointype (YF-DAI) into the search-box, which is highlighted in the graphic. Make sure you have choosen the correct grouping, we've highlighted this too. Click on “YF-DAI/BTC” to continue.
Step 4 – Purchase (YF-DAI) YfDAI.finance After you've located (YF-DAI) YfDAI.finance, you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we are going to create our own Limit Order. The ”Price” field will be filled with the up-to-date price (YF-DAI) YfDAI.finance was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the quantity of YF-DAI you like to buy. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the complete quantity of YF-DAI. When you're happy, make a mouse click on “Buy YF-DAI”. Your order will be filled as soon as a Seller sells their YF-DAI for the price you offered.
Step 5 – Withdraw (YF-DAI) YfDAI.finance Unless you are regularly trading, never keep your coins on an Cryptocurrency Exchange for an longer time period. To take off your (YF-DAI) YfDAI.finance, hover over the ”Funds” tab and mouse click on “Withdraw”. (YF-DAI) YfDAI.finance can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (YF-DAI) YfDAI.finance by using the given drop-down box. Put into the quantity of (YF-DAI) YfDAI.finance you'd wish to take off. Don't forget the presented minimus/fees. Also make sure you have entered your correct withdraw address. When you are satisfied, make a mouse click on “Submit”. You may be asked for email/phone verification ahead of a take off.