How to Buy (YFI3)

A Step-by-Step-Guide on how to buy (YFI3)

Step 1 – Signup to Coinbase and receive 10$ in Bitcoin

In the beginning you'll need to purchase one of the top-tier currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Follow the Link below to register and getting Ethereum or Bitcoin.

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

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. (YFI3) is obtainable on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this manual)

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

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).

Step 3 – Find (YFI3)

As soon as your deposit has been approved, you'll instantly have access to your funds and you can commence invest and trading. To invest in (YFI3) on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”.

To spot (YFI3), you'll need to put the cointype (YFI3) into the search-box, which is marked in the graphic. Be certain of having selected the correct grouping, we have highlighted this too. Click on “YFI3/BTC” to proceed.

Binance How To Buy 1 (YFI3)
Step 4 – Buying (YFI3)

As soon as you've discovered (YFI3), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). And now we're creating our Limit Order.

The “Price” field will be filled automatically with the most recent tariff (YFI3) was sold for. You can change this to your favoured rate. The “Amount” field is the quantity of YFI3 you want to buy. The “Total” field is the aggregated price in BTC that you will settle for the whole amount of YFI3.

When you're glad, click on “Buy YFI3”. Your order will be filled when a Seller trades their YFI3 for the price you introduced.

Step 5 – Withdraw (YFI3)

Unless you're regularly trading, never keep your crypto on an Exchange for an longer period of time. In order to withdraw your (YFI3), hover over the “Funds” tab and mouse click on “Withdraw”. (YFI3) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find (YFI3) by using the provided drop-down box. Drop in the volumen of (YFI3) you would like to take off. Don't forget the shown fees/minimums. Also make sure you have entered your correct withdraw address.

When you're glad, click on “Submit”. You may be asked for email/phone verification ahead of a take off.

Congrats! You have successfully purchased and stored (YFI3)

That's it!

Take offs from Crypto Trader can take between 1 – 30 minutes (rely on usage of the network). As soon as you have proved your withdrawal with or and the (YFI3) is stored in your wallet, you are done.