A Step-by-Step-Guide on how to buy CY Finance (CYF)
Step 1 – Signup to Coinbase and recieve 10$ for free In the beginning you'll need to buy one of the bigger currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click below to register and receive your welcome 10$.
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. CY Finance (CYF) is accessible on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this manual) Make sure you have selected the right coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. If you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow these easy steps).
Step 3 – Locate CY Finance (CYF) As soon as your deposit has been affirmed, you will instantly have access to your funds and you can initiate purchasing and trading. To invest in CY Finance (CYF) on Binance, you will want to go to the “Exchange” tab and mouse click on “Basic”. To discover CY Finance (CYF), you'll need to put the cointype (CYF) into the search-box, which is highlighted in the picture. Be certain of having selected the right pairing, we have marked this also. Click on “CYF/BTC” to go ahead.
Step 4 – Acquisition of (CYF) CY Finance Once you have spotted (CYF) CY Finance, you will be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). For now we're going to create our Limit Order. The “Price” field will be filled automatically with the recent rate CY Finance (CYF) was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the quantity of CYF you want to purchase. The “Total” field is the whole price in Bitcoin that you will pay for the whole volumen of CYF. When you're satisfied, click on “Buy CYF”. Your order will be filled as soon as a Seller sells their CYF for the price you submitted.
Step 5 – Withdraw CY Finance (CYF) Unless you're regularly trading, never keep your crypto on an Crypto Trader for an longer time frame. To take off your (CYF) CY Finance, hover over the tab called “Funds” and mouse click on “Withdraw”. CY Finance (CYF) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find CY Finance (CYF) by using the provided drop-down box. Drop in the quantity of (CYF) CY Finance you'd like to withdraw. Take into account the shown fees/minimums. Also make sure you have entered your right withdraw address. When you are satisfied, make a mouse click on “Submit”. You may be requested for phone/email verification ahead of a withdrawal.