A Step-by-Step-Guide on how to buy YFII Gold (YFIIG)
Step 1 – Signup to Coinbase and get 10$ for free In the beginning you'll need to buy units of the top-tier coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below to register and getting your first 10 Dollar.
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Trader Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. YFII Gold (YFIIG) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this manual) Make sure you have chosen the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you're using a decentralized exchange, such as Airswap or DDEX could be different (Follow our manual).
Step 3 – Locate YFII Gold (YFIIG) Once your deposit has been confirmed, you'll directly have access to your funds and you can launch buying and trading. To buy YFII Gold (YFIIG) on Binance, you'll want to go to the ”Exchange” tab and click on “Basic”. To spot YFII Gold (YFIIG), you'll need to put the cointype (YFIIG) into the search box, which is highlighted in the graphic. Make sure you have choosen the proper grouping, we've highlighted this also. Click on “YFIIG/BTC” to proceed.
Step 4 – Buy (YFIIG) YFII Gold After you have located (YFIIG) YFII Gold, you'll be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we are going to make our Limit Order. The field with the “Price” tag will be filled with the most recent tariff (YFIIG) YFII Gold was traded for. You can change this to your desired rate. The ”Amount” field is the amount of YFIIG you wish to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the complete amount of YFIIG. When you are happy, make a mouse click on “Buy YFIIG”. Your plan will be filled as soon as a Seller sells their YFIIG for the price you gave.
Step 5 – Withdraw (YFIIG) YFII Gold Unless you are regularly trading, best advise is not to keep your crypto coins on an Exchange for an extended time period. In order to withdraw your (YFIIG) YFII Gold, hover over the ”Funds” tab and mouse click on “Withdraw”. (YFIIG) YFII Gold can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (YFIIG) YFII Gold by using the provided drop-down box. Drop in the quantity of (YFIIG) YFII Gold you'd like to withdraw. Take into account the shown minimus/fees. Also make sure you have filled your right withdraw address. When you are glad, click on “Submit”. You could be requested for verfication via email/phone ahead of a withdrawal.