How to Buy YFI Paprika (YFIP)

A Step-by-Step-Guide on how to buy YFI Paprika (YFIP)

Step 1 – Signup to eToro

You will first need to buy one of the top-tier currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click the button below to register and to get yEthereum (ETH) or Bitcoin (BTC).

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

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. YFI Paprika (YFIP) is obtainable on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow these easy steps)

Make sure you've chosen the precise coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so on. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow our manual).

Step 3 – Find (YFIP) YFI Paprika

Once your deposit has been confirmed, you'll immediately have access to your funds and you can launch invest and trading. To purchase (YFIP) YFI Paprika on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”.

To discover (YFIP) YFI Paprika, you will need to put the cointype (YFIP) into the search-box, which is highlighted in the picture. Be certain of having choosen the proper pairing, we have marked this also. Click on “YFIP/BTC” to go ahead.

Binance How To Buy 1 YFI Paprika (YFIP)
Step 4 – Buying YFI Paprika (YFIP)

After you've located (YFIP) YFI Paprika, you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). For now we are going to create our own Limit Order.

The “Price” field will be automatically filled with the most up-to-date valuation YFI Paprika (YFIP) was sold for. This can be changed to your desired rate. The “Amount” field is the amount of YFIP you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the whole amount of YFIP.

If you are satisfied, click on “Buy YFIP”. Your order will be filled as soon as a Vender trades their YFIP for the price you offered.

Step 5 – Withdraw (YFIP) YFI Paprika

Unless you are frequently trading, you should never keepyour crypto on an Cryptocurrency Exchange for an longer time frame. To take off your YFI Paprika (YFIP), hover over the tab called “Funds” and mouse click on “Withdraw”. YFI Paprika (YFIP) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate YFI Paprika (YFIP) by using the provided drop-down box. Put into the quantity of YFI Paprika (YFIP) you'd like to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have entered your right withdraw address.

If you are happy, click “Submit”. You could be asked for phone/email verification before a take off.

Congrats! You've successfully bought and safed (YFIP) YFI Paprika.

That's it!

Withdrawals from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (rely on network usage). Once you have confirmed your take off with Ethplorer.io or Etherscan.io and the YFI Paprika (YFIP) is safe within your wallet, you are all done.