A Step-by-Step-Guide on how to buy YFII Gold (YFIIG)
Step 1 – Signup to Coinbase and receive 10$ in Bitcoin You will first need to purchase units of the major coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click below to register and receive Ethereum or Bitcoin.
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. YFII Gold (YFIIG) is accessible on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Just follow this manual) Make sure you've chosen the correct coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Find YFII Gold (YFIIG) Once your deposit has been verified, you'll directly have access to your assets and you can commence invest and trading. To invest in YFII Gold (YFIIG) on Binance, you will want to hover over the “Exchange” tab and click on “Basic”. In order to find YFII Gold (YFIIG), you'll need to put the short name of the asset (YFIIG) into the search box, which is highlighted in the graphic. Make sure you have choosen the right pairing, we have marked this too. Click on “YFIIG/BTC” to proceed.
Step 4 – Acquisition of (YFIIG) YFII Gold Once you've discovered YFII Gold (YFIIG), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). And now we're creating our Limit Order. The “Price” field will be automatically filled with the most latest tariff (YFIIG) YFII Gold was sold for. You can change this to your favoured price. The field with the “Amount” tag is the quantity of YFIIG you want to buy. The field with the “Total” tag is the total price in BTC that you will settle for the complete quantity of YFIIG. When you are satisfied, click on “Buy YFIIG”. Your order will be filled when a Vendor sells their YFIIG for the price you offered.
Step 5 – Withdraw (YFIIG) YFII Gold Unless you're frequently trading, never keep your crypto on an Cryptocurrency Exchange for an longer time frame. In order to take off your (YFIIG) YFII Gold, hover over the “Funds” tab and click on “Withdraw”. (YFIIG) YFII Gold can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (YFIIG) YFII Gold by using the given drop-down box. Enter the volumen of (YFIIG) YFII Gold you'd wish to take off. Take into account the displayed fees/minimums. Also make sure you have entered your right withdraw address. If you are satisfied, click “Submit”. You could be asked for verfication via email/phone ahead of a take off.