A Step-by-Step-Guide on how to buy DFI.money (YFII)
Step 1 – Signup to Coinbase and receive 10$ in Bitcoin In the beginning you'll need to buy one of the top-tier coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click below for registration and to get Ethereum or Bitcoin.
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. DFI.money (YFII) is available on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this how-to) Make sure you have selected the right coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Find DFI.money (YFII) Once your deposit has been confirmed, you'll directly have access to your finances and you can launch purchasing and trading. To purchase (YFII) DFI.money on Binance, you'll want to hover over the “Exchange” tab and click on “Basic”. To find (YFII) DFI.money, you'll need to insert the shortname of the coin (YFII) into the search box, which is highlighted in the picture. Be certain of having selected the correct grouping, we have highlighted this too. Click on “YFII/BTC” to proceed.
Step 4 – Buying DFI.money (YFII) After you've located (YFII) DFI.money, you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). For now we're making our Limit Order. The “Price” field will be filled automatically with the latest valuation 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 want to buy. The field with the “Total” tag is the total price in BTC that you'll settle for the whole amount of YFII. When you're satisfied, click on “Buy YFII”. Your order will be filled when a Seller sells their YFII for the price you submitted.
Step 5 – Withdraw (YFII) DFI.money Unless you are frequently trading, never keep your crypto coins on an Crypto Exchange for an extended time period. To withdraw your DFI.money (YFII), hover over the tab called “Funds” and mouse click on “Withdraw”. (YFII) DFI.money can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (YFII) DFI.money by using the given drop-down box. Put into the volumen of (YFII) DFI.money you'd like to withdraw. Take into account the displayed minimus/fees. Also make sure you have entered your correct withdraw address. If you are glad, click on “Submit”. You could be requested for verfication via phone/email ahead of a take off.