How to Buy yearn.finance (YFI) in Argentina

A Step-by-Step-Guide on how to buy yearn.finance (YFI) in Argentina

Step 1 – Signup to Coinmama

You will first need to buy one of the bigger coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below for registration and getting your Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. yearn.finance (YFI) is available on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Just follow these easy steps)

Make sure you've chosen the right coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you're using a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).

Step 3 – Locate {yearn.finance (YFI)|(YFI) yearn.finance}

As soon as your deposit has been approved, you'll immediately have access to your funds and you can begin purchasing and trading. To invest in {yearn.finance (YFI)|(YFI) yearn.finance} on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”.

To locate {yearn.finance (YFI)|(YFI) yearn.finance}, you'll need to insert the short name of the asset (YFI) into the search-box, which is highlighted in the graphic. Be certain of having selected the proper pairing, we've highlighted this also. Click on “YFI/BTC” to continue.

{How to buy Coin on Binance 1|Binance How To Buy 1} yearn.finance (YFI)
Step 4 – Purchase {yearn.finance (YFI)|(YFI) yearn.finance}

After you have located {yearn.finance (YFI)|(YFI) yearn.finance}, you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we are going to make our Limit Order.

The ”Price” field will be automatically filled with the recent rate {yearn.finance (YFI)|(YFI) yearn.finance} was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the volumen of YFI you like to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the complete volumen of YFI.

When you are happy, make a mouse click on “Buy YFI”. Your order will be filled as soon as a Vendor sells their YFI for the price you offered.

Step 5 – Withdraw {yearn.finance (YFI)|(YFI) yearn.finance}

Unless you are trading, best advise is not to keep your crypto on an Crypto Exchange for an longer time frame. To take off your {yearn.finance (YFI)|(YFI) yearn.finance}, hover over the ”Funds” tab and click on “Withdraw”. {yearn.finance (YFI)|(YFI) yearn.finance} can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {yearn.finance (YFI)|(YFI) yearn.finance} by using the given drop-down box. Enter the amount of {yearn.finance (YFI)|(YFI) yearn.finance} you would wish to take off. Don't forget the presented fees/minimums. Also make sure you have filled your precise withdraw address.

If you are happy, click on “Submit”. You could be asked for verfication via phone/email before a take off.

Congrats! You have successfully purchased and stored yearn.finance (YFI) in Argentina.

That's it!

Take offs from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). Once you have confirmed your withdrawal using Ethplorer.io or Etherscan.io and the {yearn.finance (YFI)|(YFI) yearn.finance} is safe in your wallet, you're all done.

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