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 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. YFOX Finance (YFOX) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this manual) Make sure you've selected the correct coin you want to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're using a decentralized exchange, like Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Locate YFOX Finance (YFOX) Once your deposit has been approved, you will immediately have access to your assets and you can commence invest and trading. To purchase YFOX Finance (YFOX) on Binance, you'll want to hover over the ”Exchange” tab and then mouse click on “Basic”. In order to spot YFOX Finance (YFOX), you will need to put the cointype (YFOX) into the search-box, which is marked in the graphic. Make sure you have choosen the right pairing, we've highlighted this also. Click on “YFOX/BTC” to progress.
Step 4 – Buying YFOX Finance (YFOX) Once you have found YFOX Finance (YFOX), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we are making our own Limit Order. The ”Price” field will be filled automatically with the most latest rate YFOX Finance (YFOX) was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the amount of YFOX you like to buy. The field with the “Total” tag is the aggregated price in BTC that you will pay for the whole amount of YFOX. When you are happy, click on “Buy YFOX”. Your order will be filled when a Seller trades their YFOX for the price you gave.
Step 5 – Withdraw YFOX Finance (YFOX) Unless you're frequently trading, best advise is not to keep your crypto coins on an Crypto Exchange for an extended period of time. To withdraw your YFOX Finance (YFOX), hover over the tab called “Funds” and click on “Withdraw”. YFOX Finance (YFOX) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find YFOX Finance (YFOX) by using the provided drop-down box. Enter the amount of YFOX Finance (YFOX) you would wish to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your right withdraw address. When you're glad, make a mouse click on “Submit”. You could be asked for verfication via phone/email ahead of a withdrawal.