How to Buy Yearn Finance DOT (YFDOT) in Azerbaijan

A Step-by-Step-Guide on how to buy Yearn Finance DOT (YFDOT) in Azerbaijan

Step 1 – Join Coinbase and recieve 10$ for free

You'll first need to purchase one of the major currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click the button below for registration and getting your first 10 Dollar.

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

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Yearn Finance DOT (YFDOT) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this guide)

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

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow these easy steps).

Step 3 – Locate {Yearn Finance DOT (YFDOT)|(YFDOT) Yearn Finance DOT}

Once your deposit has been confirmed, you'll immediately have access to your funds and you can launch purchasing and trading. To invest in {Yearn Finance DOT (YFDOT)|(YFDOT) Yearn Finance DOT} on Binance, you'll want to hover over the ”Exchange” tab and click on “Basic”.

To discover {Yearn Finance DOT (YFDOT)|(YFDOT) Yearn Finance DOT}, you'll need to insert the shortname of the coin (YFDOT) into the search-box, which is marked in the picture. Make sure you have selected the right pairing, we have marked this also. Click on “YFDOT/BTC” to progress.

{How to buy Coin on Binance 1|Binance How To Buy 1} Yearn Finance DOT (YFDOT)
Step 4 – Buy {Yearn Finance DOT (YFDOT)|(YFDOT) Yearn Finance DOT}

Once you have found {Yearn Finance DOT (YFDOT)|(YFDOT) Yearn Finance DOT}, you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). And now we're going to create our Limit Order.

The field with the “Price” tag will be filled with the most recent tariff {Yearn Finance DOT (YFDOT)|(YFDOT) Yearn Finance DOT} was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the volumen of YFDOT you like to buy. The ”Total” field is the whole price in Bitcoin that you will settle for the whole volumen of YFDOT.

If you're satisfied, click on “Buy YFDOT”. Your order will be filled as soon as a Vendor trades their YFDOT for the price you offered.

Step 5 – Withdraw {Yearn Finance DOT (YFDOT)|(YFDOT) Yearn Finance DOT}

Unless you're trading, you should never keepyour coins on an Crypto Exchange for an extensive time period. To withdraw your {Yearn Finance DOT (YFDOT)|(YFDOT) Yearn Finance DOT}, hover over the ”Funds” tab and click on “Withdraw”. {Yearn Finance DOT (YFDOT)|(YFDOT) Yearn Finance DOT} can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Yearn Finance DOT (YFDOT)|(YFDOT) Yearn Finance DOT} by using the provided drop-down box. Put into the volumen of {Yearn Finance DOT (YFDOT)|(YFDOT) Yearn Finance DOT} you would wish to withdraw. Take into account the presented minimus/fees. Also make sure you have filled your correct withdraw address.

When you're happy, click on “Submit”. You could be requested for verfication via phone/email before a withdrawal.

Congratulations! You've successfully bought and stored Yearn Finance DOT (YFDOT) in Azerbaijan.

That's it!

Take offs from Crypto Trader can durate between 1 – 30 minutes (depending on usage of the network). Once you've confirmed your take off using Ethplorer.io or Etherscan.io and the {Yearn Finance DOT (YFDOT)|(YFDOT) Yearn Finance DOT} is safe inside your wallet, you are done.

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