A Step-by-Step-Guide on how to buy YFOX Finance (YFOX)
Step 1 – Signup to CEX.io In the beginning you'll need to buy units of the major currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click the button below to register and to get your Bitcoin or Ethereum.
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. YFOX Finance (YFOX) is available on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this manual) Make sure you've chosen the right coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Locate YFOX Finance (YFOX) Once your deposit has been approved, you will now have access to your assets and you can begin buying and trading. To buy YFOX Finance (YFOX) on Binance, you will want to hover over the tab which is called “Exchange” and mouse click on “Basic”. To locate YFOX Finance (YFOX), you will need to insert the shortname of the coin (YFOX) into the search box, which is marked in the picture. Be certain of having selected the proper grouping, we've marked this too. Click on “YFOX/BTC” to advance.
Step 4 – Buy YFOX Finance (YFOX) Once you have discovered YFOX Finance (YFOX), you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). Next we're going to create our Limit Order. The ”Price” field will be filled automatically with the most recent tariff YFOX Finance (YFOX) was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the quantity of YFOX you like to purchase. The ”Total” field is the total price in BTC that you'll pay for the whole quantity of YFOX. When you are happy, click on “Buy YFOX”. Your plan will be filled as soon as a Vender sells their YFOX for the price you gave.
Step 5 – Withdraw YFOX Finance (YFOX) Unless you're regularly trading, never keep your crypto on an Crypto Trader for an extended period of time. In order to withdraw your YFOX Finance (YFOX), hover over the ”Funds” tab and mouse click on “Withdraw”. YFOX Finance (YFOX) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find YFOX Finance (YFOX) by using the given drop-down box. Drop in the amount of YFOX Finance (YFOX) you would like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your correct withdraw address. When you're glad, click on “Submit”. You could be requested for verfication via email/phone before a take off.