Step 1 – Signup to Coinbase and receive 10$ in Bitcoin

You will first need to purchase units of the bigger currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below for registration and receive BTC (Bitcoin) or ETH (Ethereum).

Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Yearn Finance (YFI) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this guide)

Make sure you have chosen the exact coin you want to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etcetera. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our manual).

Step 3 – Locate (YFI) Yearn Finance

As soon as your deposit has been affirmed, you'll now have access to your finances and you can launch invest and trading. To purchase Yearn Finance (YFI) on Binance, you'll want to go to the “Exchange” tab and then mouse click on “Basic”.

To spot Yearn Finance (YFI), you'll need to put the shortname of the coin (YFI) into the search box, which is highlighted in the graphic. Be certain of having selected the proper grouping, we've highlighted this too. Click on “YFI/BTC” to go ahead.

Step 4 – Buy (YFI) Yearn Finance

Once you've spotted Yearn Finance (YFI), you will be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). Next we're making our Limit Order.

The “Price” field will be filled automatically with the latest tariff (YFI) Yearn Finance was sold for. This can be changed to your desired price. The “Amount” field is the volumen of YFI you want to buy. The “Total” field is the aggregated price in BTC that you'll settle for the complete volumen of YFI.

When you are happy, click on “Buy YFI“. Your order will be filled as soon as a Vendor trades their YFI for the price you gave.

Step 5 – Withdraw Yearn Finance (YFI)

Unless you're regularly trading, never keep your crypto coins on an Crypto Trader for an extensive time period. To withdraw your (YFI) Yearn Finance, go to the tab called “Funds” and mouse click on “Withdraw”. Yearn Finance (YFI) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find (YFI) Yearn Finance by using the provided drop-down box. Enter the amount of (YFI) Yearn Finance you would wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your precise withdraw address.

When you are glad, click on “Submit”. You could be requested for phone/email verification before a withdrawal.