A Step-by-Step-Guide on how to buy Yfi Credits (YFIC)
Step 1 – Join Coinbase and get 10$ for free You'll first need to purchase units of the top-tier coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Follow the Link below to register and to get your first 10 Dollar.
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Yfi Credits (YFIC) is available on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this guide) Make sure you've selected the exact coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be opposed (Follow our manual).
Step 3 – Locate (YFIC) Yfi Credits Once your deposit has been affirmed, you will directly have access to your assets and you can start purchasing and trading. To invest in (YFIC) Yfi Credits on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. To spot (YFIC) Yfi Credits, you will need to insert the cointype (YFIC) into the search-box, which is highlighted in the picture. Be certain of having selected the proper grouping, we have highlighted this too. Click on “YFIC/BTC” to go ahead.
Step 4 – Purchase Yfi Credits (YFIC) Once you've found Yfi Credits (YFIC), you'll be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). Next we're going to make our own Limit Order. The ”Price” field will be automatically filled with the most recent rate Yfi Credits (YFIC) was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the quantity of YFIC you wish to purchase. The field with the “Total” tag is the aggregated price in BTC that you will pay for the complete quantity of YFIC. When you're glad, make a mouse click on “Buy YFIC”. Your order will be filled as soon as a Seller sells their YFIC for the price you gave.
Step 5 – Withdraw (YFIC) Yfi Credits Unless you're frequently trading, you should never keepyour crypto coins on an Crypto Trader for an longer time frame. To take off your (YFIC) Yfi Credits, go to the tab called “Funds” and mouse click on “Withdraw”. (YFIC) Yfi Credits can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (YFIC) Yfi Credits by using the provided drop-down box. Drop in the quantity of (YFIC) Yfi Credits you would like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your right withdraw address. When you're happy, click on “Submit”. You could be requested for verfication via phone/email ahead of a take off.