How to Buy Kryptofranc (KYF) in Austria

A Step-by-Step-Guide on how to buy Kryptofranc (KYF) in Austria

Step 1 – Signup to Coinmama

In the beginning you'll need to buy one of the top-tier coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for Altcoins. Click below for registration and to get your Ethereum or Bitcoin.

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

Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Kryptofranc (KYF) is available on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to)

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

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. In the case you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow these easy steps).

Step 3 – Locate {Kryptofranc (KYF)|(KYF) Kryptofranc}

As soon as your deposit has been approved, you will directly have access to your funds and you can initiate invest and trading. To purchase {Kryptofranc (KYF)|(KYF) Kryptofranc} on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”.

In order to find {Kryptofranc (KYF)|(KYF) Kryptofranc}, you will need to insert the short name of the asset (KYF) into the search box, which is highlighted in the picture. Be certain of having choosen the correct pairing, we've highlighted this too. Click on “KYF/BTC” to go ahead.

{How to buy Coin on Binance 1|Binance How To Buy 1} Kryptofranc (KYF)
Step 4 – Purchasing {Kryptofranc (KYF)|(KYF) Kryptofranc}

Once you have discovered {Kryptofranc (KYF)|(KYF) Kryptofranc}, you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). And now we are going to create our Limit Order.

The field with the “Price” tag will be filled automatically with the recent rate {Kryptofranc (KYF)|(KYF) Kryptofranc} was traded for. You can change this to your preferred price. The ”Amount” field is the amount of KYF you wish to purchase. The field with the “Total” tag is the whole price in BTC that you'll settle for the complete amount of KYF.

When you're happy, make a mouse click on “Buy KYF”. Your plan will be filled when a Seller trades their KYF for the price you gave.

Step 5 – Withdraw {Kryptofranc (KYF)|(KYF) Kryptofranc}

Unless you're frequently trading, never keep your crypto on an Crypto Exchange for an extended period of time. To withdraw your {Kryptofranc (KYF)|(KYF) Kryptofranc}, go to the ”Funds” tab and mouse click on “Withdraw”. {Kryptofranc (KYF)|(KYF) Kryptofranc} can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Kryptofranc (KYF)|(KYF) Kryptofranc} by using the given drop-down box. Put into the amount of {Kryptofranc (KYF)|(KYF) Kryptofranc} you'd wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your correct withdraw address.

When you're glad, click “Submit”. You could be asked for verfication via phone/email ahead of a take off.

Congrats! You have successfully purchased and safed Kryptofranc (KYF) in Austria.

That's it!

Take offs from Exchange can take between 1 – 30 minutes (depending on usage of the network). As soon as you have confirmed your withdrawal with Ethplorer.io or Etherscan.io and the {Kryptofranc (KYF)|(KYF) Kryptofranc} is stored in your wallet, you're done.

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