How to Buy 3X Short DeFi Index Token (DEFIBEAR) in Austria

A Step-by-Step-Guide on how to buy 3X Short DeFi Index Token (DEFIBEAR) in Austria

Step 1 – Signup to Coinmama

You'll first need to buy units of the major currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below to register and to get your Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Send Your Bitcoin or Ethereum to an Exchange

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. 3X Short DeFi Index Token (DEFIBEAR) is available on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this how-to)

Make sure you have selected the correct coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are using a decentralized exchange, like Airswap or DDEX could be different (Just follow our guide).

Step 3 – Find {3X Short DeFi Index Token (DEFIBEAR)|(DEFIBEAR) 3X Short DeFi Index Token}

As soon as your deposit has been confirmed, you'll instantly have access to your finances and you can begin purchasing and trading. To invest in {3X Short DeFi Index Token (DEFIBEAR)|(DEFIBEAR) 3X Short DeFi Index Token} on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”.

In order to locate {3X Short DeFi Index Token (DEFIBEAR)|(DEFIBEAR) 3X Short DeFi Index Token}, you'll need to put the shortname of the coin (DEFIBEAR) into the search-box, which is highlighted in the graphic. Make sure you have selected the proper grouping, we have highlighted this also. Click on “DEFIBEAR/BTC” to go ahead.

{How to buy Coin on Binance 1|Binance How To Buy 1} 3X Short DeFi Index Token (DEFIBEAR)
Step 4 – Buy {3X Short DeFi Index Token (DEFIBEAR)|(DEFIBEAR) 3X Short DeFi Index Token}

As soon as you've found {3X Short DeFi Index Token (DEFIBEAR)|(DEFIBEAR) 3X Short DeFi Index Token}, you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). For now we are going to create our own Limit Order.

The field with the “Price” tag will be automatically filled with the latest valuation {3X Short DeFi Index Token (DEFIBEAR)|(DEFIBEAR) 3X Short DeFi Index Token} was traded for. This can be changed to your desired price. The field with the “Amount” tag is the volumen of DEFIBEAR you like to buy. The ”Total” field is the aggregated price in Bitcoin that you will pay for the whole volumen of DEFIBEAR.

If you are satisfied, click on “Buy DEFIBEAR”. Your plan will be filled when a Vender trades their DEFIBEAR for the price you gave.

Step 5 – Withdraw {3X Short DeFi Index Token (DEFIBEAR)|(DEFIBEAR) 3X Short DeFi Index Token}

Unless you are frequently trading, you should never keepyour crypto coins on an Crypto Trader for an extensive period of time. To take off your {3X Short DeFi Index Token (DEFIBEAR)|(DEFIBEAR) 3X Short DeFi Index Token}, go to the tab called “Funds” and click on “Withdraw”. {3X Short DeFi Index Token (DEFIBEAR)|(DEFIBEAR) 3X Short DeFi Index Token} can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find {3X Short DeFi Index Token (DEFIBEAR)|(DEFIBEAR) 3X Short DeFi Index Token} by using the provided drop-down box. Drop in the amount of {3X Short DeFi Index Token (DEFIBEAR)|(DEFIBEAR) 3X Short DeFi Index Token} you would like to take off. Don't forget the demonstrated minimus/fees. Also make sure you have filled your right withdraw address.

When you are glad, make a mouse click on “Submit”. You could be requested for verfication via phone/email before a withdrawal.

Kudos! You have successfully purchased and stored 3X Short DeFi Index Token (DEFIBEAR) in Austria.

That's it!

Take offs from Crypto Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you have proved your withdrawal with Etherscan.io or Ethplorer.io and the {3X Short DeFi Index Token (DEFIBEAR)|(DEFIBEAR) 3X Short DeFi Index Token} is stored in your wallet, you are done.

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