How to Buy BonFi (BNF)

A Step-by-Step-Guide on how to buy BonFi (BNF)

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

You will first need to buy one of the top-tier coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below to register and to get Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Send Your Bitcoin or Ethereum to an Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. BonFi (BNF) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow these easy steps)

Make sure you have selected the exact coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. In the case you're using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow these easy steps).

Step 3 – Find BonFi (BNF)

As soon as your deposit has been verified, you will instantly have access to your finances and you can initiate buying and trading. To purchase BonFi (BNF) on Binance, you'll want to go to the “Exchange” tab and mouse click on “Basic”.

In order to spot (BNF) BonFi, you will need to put the cointype (BNF) into the search-box, which is marked in the graphic. Make sure you have selected the right pairing, we have marked this too. Click on “BNF/BTC” to advance.

How to buy Coin on Binance 1 BonFi (BNF)
Step 4 – Acquisition of (BNF) BonFi

After you've found (BNF) BonFi, you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). For now we are going to create our Limit Order.

The field with the “Price” tag will be filled with the recent tariff BonFi (BNF) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the quantity of BNF you like to purchase. The “Total” field is the total price in Bitcoin that you'll pay for the whole volumen of BNF.

When you are satisfied, make a mouse click on “Buy BNF”. Your order will be filled when a Vender trades their BNF for the price you submitted.

Step 5 – Withdraw BonFi (BNF)

Unless you're frequently trading, best advise is not to keep crypto on an Crypto Exchange for an longer period of time. In order to take off your (BNF) BonFi, go to the tab called “Funds” and mouse click on “Withdraw”. (BNF) BonFi can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate BonFi (BNF) by using the given drop-down box. Put into the amount of (BNF) BonFi you would wish to take off. Don't forget the shown fees/minimums. Also make sure you have filled your right withdraw address.

When you are glad, click “Submit”. You may be asked for email/phone verification ahead of a withdrawal.

Kudos! You have successfully bought and safed BonFi (BNF).

That's it!

Withdrawals from Exchange can durate between 1 – 30 minutes (depending on usage of the network). Once you've proved your take off with Etherscan.io or Ethplorer.io and the (BNF) BonFi is safe inside your wallet, you're all done.