A Step-by-Step-Guide on how to buy CoinFi (COFI)
Step 1 – Signup to Coinbase and recieve 10$ for free You'll first need to buy units of the major currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below to register and getting your welcome 10 Dollar.
Step 2 – Transmit Your Funds to an Crypto Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. CoinFi (COFI) 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 selected the right coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etcetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our manual).
Step 3 – Find (COFI) CoinFi As soon as your deposit has been verified, you will now have access to your finances and you can commence buying and trading. To purchase (COFI) CoinFi on Binance, you'll want to go to the “Exchange” tab and click on “Basic”. In order to spot CoinFi (COFI), you will need to put the cointype (COFI) into the search-box, which is highlighted in the picture. Be certain of having selected the correct grouping, we've marked this also. Click on “COFI/BTC” to progress.
Step 4 – Buying CoinFi (COFI) Once you have spotted (COFI) CoinFi, you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the picture). And now we are going to create our Limit Order. The “Price” field will be filled with the up-to-date price CoinFi (COFI) was traded for. You can change this to your desired rate. The field with the “Amount” tag is the quantity of COFI you wish to purchase. The field with the “Total” tag is the total price in BTC that you'll pay for the whole amount of COFI. If you're glad, make a mouse click on “Buy COFI”. Your order will be filled when a Vendor trades their COFI for the price you introduced.
Step 5 – Withdraw CoinFi (COFI) Unless you are regularly trading, best advise is not to keep crypto coins on an Crypto Exchange for an extended time frame. In order to withdraw your CoinFi (COFI), hover over the “Funds” tab and click on “Withdraw”. (COFI) CoinFi can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (COFI) CoinFi by using the given drop-down box. Enter the volumen of CoinFi (COFI) you'd wish to take off. Take into account the shown fees/minimums. Also make sure you have filled your precise withdraw address. When you're satisfied, make a mouse click on “Submit”. You may be asked for email/phone verification before a withdrawal.