A Step-by-Step-Guide on how to buy DFI.money (YFII)
Step 1 – Signup to Coinbase – Get Free $10 You'll first need to buy units of the major currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Follow the Link below to register and receive your first 10 Dollar.
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. DFI.money (YFII) is available on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Follow these easy steps) Make sure you have chosen the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so on. If you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Locate DFI.money (YFII) Once your deposit has been verified, you'll instantly have access to your funds and you can initiate buying and trading. To invest in DFI.money (YFII) on Binance, you'll want to go to the tab which is called “Exchange” and mouse click on “Basic”. To discover (YFII) DFI.money, you will need to insert the short name of the asset (YFII) into the search-box, which is highlighted in the graphic. Make sure you have choosen the right pairing, we've highlighted this also. Click on “YFII/BTC” to go ahead.
Step 4 – Purchasing (YFII) DFI.money After you've discovered DFI.money (YFII), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). Next we're going to create our own Limit Order. The “Price” field will be filled automatically with the recent rate DFI.money (YFII) was sold for. You can change this to your desired rate. The field with the “Amount” tag is the volumen of YFII you wish to purchase. The “Total” field is the total price in BTC that you will pay for the complete amount of YFII. If you're satisfied, make a mouse click on “Buy YFII”. Your order will be filled as soon as a Vender trades their YFII for the price you gave.
Step 5 – Withdraw (YFII) DFI.money Unless you're frequently trading, you should never keepyour crypto on an Cryptocurrency Exchange for an extensive time period. In order to withdraw your DFI.money (YFII), go to the tab called “Funds” and mouse click on “Withdraw”. DFI.money (YFII) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (YFII) DFI.money by using the given drop-down box. Enter the amount of (YFII) DFI.money you'd like to withdraw. Don't forget the displayed fees/minimums. Also make sure you have entered your precise withdraw address. When you are happy, click “Submit”. You may be requested for phone/email verification before a withdrawal.