A Step-by-Step-Guide on how to buy Kryptofranc (KYF)
Step 1 – Join Coinbase and get 10$ for free You will first need to buy units of the top-tier coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Follow the Link below to register and getting your first 10 Dollar.
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Kryptofranc (KYF) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to) Make sure you have chosen the exact coin you want to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. If you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Find (KYF) Kryptofranc Once your deposit has been confirmed, you will instantly have access to your funds and you can initiate buying and trading. To invest in (KYF) Kryptofranc on Binance, you will want to hover over the “Exchange” tab and after that mouse click on “Basic”. In order to discover Kryptofranc (KYF), you will need to insert the cointype (KYF) into the search box, which is highlighted in the graphic. Be certain of having choosen the proper pairing, we have marked this too. Click on “KYF/BTC” to progress.
Step 4 – Purchase (KYF) Kryptofranc Once you have spotted Kryptofranc (KYF), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we're creating our own Limit Order. The “Price” field will be filled automatically with the up-to-date tariff (KYF) Kryptofranc was traded for. This can be changed to your desired rate. The “Amount” field is the quantity of KYF you wish to purchase. The field with the “Total” tag is the whole price in BTC that you'll settle for the complete amount of KYF. If you're happy, make a mouse click on “Buy KYF”. Your plan will be filled as soon as a Vender trades their KYF for the price you submitted.
Step 5 – Withdraw Kryptofranc (KYF) Unless you are frequently trading, never keep your crypto coins on an Cryptocurrency Exchange for an longer time frame. To take off your (KYF) Kryptofranc, hover over the tab called “Funds” and click on “Withdraw”. (KYF) Kryptofranc can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Kryptofranc (KYF) by using the provided drop-down box. Enter the volumen of Kryptofranc (KYF) you'd like to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address. If you are satisfied, click “Submit”. You could be asked for phone/email verification ahead of a withdrawal.