How to Buy DeFiat (DFT)

A Step-by-Step-Guide on how to buy DeFiat (DFT)

Step 1 – Join Coinbase and get 10$ for free

You'll first need to purchase units of the bigger coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click the button below for registration and getting your first $10.

Binance Signup
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. DeFiat (DFT) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this guide)

Make sure you have chosen the right coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etcetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be different (Just follow our guide).

Step 3 – Find DeFiat (DFT)

As soon as your deposit has been verified, you'll immediately have access to your finances and you can begin invest and trading. To buy (DFT) DeFiat on Binance, you will want to hover over the “Exchange” tab and mouse click on “Basic”.

To spot (DFT) DeFiat, you'll need to put the shortname of the coin (DFT) into the search box, which is marked in the graphic. Make sure you have choosen the proper grouping, we've highlighted this too. Click on “DFT/BTC” to go on.

Binance How To Buy 1 DeFiat (DFT)
Step 4 – Purchase DeFiat (DFT)

Once you've discovered (DFT) DeFiat, you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). And now we are going to create our own Limit Order.

The field with the “Price” tag will be filled automatically with the most recent price DeFiat (DFT) was sold for. You can change this to your desired rate. The field with the “Amount” tag is the volumen of DFT you want to purchase. The “Total” field is the aggregated price in BTC that you will pay for the complete amount of DFT.

When you're satisfied, make a mouse click on “Buy DFT”. Your order will be filled as soon as a Seller sells their DFT for the price you offered.

Step 5 – Withdraw (DFT) DeFiat

Unless you are frequently trading, never keep your crypto on an Cryptocurrency Exchange for an extended time period. In order to take off your (DFT) DeFiat, go to the tab called “Funds” and click on “Withdraw”. (DFT) DeFiat can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (DFT) DeFiat by using the given drop-down box. Drop in the quantity of DeFiat (DFT) you'd like to withdraw. Take into account the displayed minimus/fees. Also make sure you have filled your right withdraw address.

When you're glad, click “Submit”. You may be asked for email/phone verification before a withdrawal.

Kudos! You've successfully bought and stored DeFiat (DFT).

That's it!

Take offs from Cryptocurrency Exchange can take between 1 – 30 minutes (depending on usage of the network). Once you've proved your withdrawal with Ethplorer.io or Etherscan.io and the (DFT) DeFiat is stored within your wallet, you're done.