A Step-by-Step-Guide on how to buy DFI.money (YFII)
Step 1 – Signup to Coinbase – Get Free $10 In the beginning you'll need to buy one of the top-tier coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below for registration and to get your welcome 10$.
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. DFI.money (YFII) is available on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this manual) Make sure you've chosen the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).
Step 3 – Locate DFI.money (YFII) Once your deposit has been verified, you'll now have access to your finances and you can initiate buying and trading. To purchase DFI.money (YFII) on Binance, you'll want to hover over the ”Exchange” tab and after that mouse click on “Basic”. To locate DFI.money (YFII), you'll need to insert the cointype (YFII) into the search box, which is marked in the image. Make sure you have choosen the correct grouping, we've marked this also. Click on “YFII/BTC” to continue.
Step 4 – Purchase (YFII) DFI.money As soon as you've located (YFII) DFI.money, you will be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). Next we are going to make our own Limit Order. The field with the “Price” tag will be filled with the up-to-date valuation (YFII) DFI.money was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the volumen of YFII you like to buy. The field with the “Total” tag is the total price in BTC that you'll pay for the complete volumen of YFII. If you're glad, make a mouse click on “Buy YFII”. Your order will be filled when a Vendor sells their YFII for the price you introduced.
Step 5 – Withdraw (YFII) DFI.money Unless you are frequently trading, you should never keepyour crypto on an Crypto Trader for an extended time frame. In order to withdraw your (YFII) DFI.money, go to the ”Funds” tab and click on “Withdraw”. (YFII) DFI.money can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (YFII) DFI.money by using the provided drop-down box. Drop in the quantity of (YFII) DFI.money you'd wish to withdraw. Take into account the presented minimus/fees. Also make sure you have entered your right withdraw address. If you are satisfied, make a mouse click on “Submit”. You may be asked for verfication via phone/email ahead of a withdrawal.