How to Buy YfDAI.finance (YF-DAI) in Azerbaijan

A Step-by-Step-Guide on how to buy YfDAI.finance (YF-DAI) in Azerbaijan

Step 1 – Signup to Coinbase and recieve 10$ for free

You'll first need to buy units of the bigger currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below for registration and receive your first 10 Dollar.

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

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. YfDAI.finance (YF-DAI) is accessible on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to)

Make sure you've chosen the precise coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow these easy steps).

Step 3 – Locate {YfDAI.finance (YF-DAI)|(YF-DAI) YfDAI.finance}

Once your deposit has been approved, you'll immediately have access to your finances and you can initiate purchasing and trading. To purchase {YfDAI.finance (YF-DAI)|(YF-DAI) YfDAI.finance} on Binance, you'll want to go to the ”Exchange” tab and click on “Basic”.

To discover {YfDAI.finance (YF-DAI)|(YF-DAI) YfDAI.finance}, you'll need to insert the cointype (YF-DAI) into the search box, which is highlighted in the image. Be certain of having choosen the proper pairing, we've highlighted this also. Click on “YF-DAI/BTC” to advance.

{How to buy Coin on Binance 1|Binance How To Buy 1} YfDAI.finance (YF-DAI)
Step 4 – Purchase {YfDAI.finance (YF-DAI)|(YF-DAI) YfDAI.finance}

As soon as you've located {YfDAI.finance (YF-DAI)|(YF-DAI) YfDAI.finance}, you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we're making our Limit Order.

The ”Price” field will be filled with the up-to-date rate {YfDAI.finance (YF-DAI)|(YF-DAI) YfDAI.finance} was sold for. This can be changed to your favoured price. The ”Amount” field is the amount of YF-DAI you like to buy. The ”Total” field is the total price in Bitcoin that you will settle for the whole amount of YF-DAI.

When you're happy, make a mouse click on “Buy YF-DAI”. Your order will be filled as soon as a Vender trades their YF-DAI for the price you gave.

Step 5 – Withdraw {YfDAI.finance (YF-DAI)|(YF-DAI) YfDAI.finance}

Unless you are frequently trading, best advise is not to keep your crypto on an Crypto Exchange for an extended period of time. To take off your {YfDAI.finance (YF-DAI)|(YF-DAI) YfDAI.finance}, hover over the ”Funds” tab and click on “Withdraw”. {YfDAI.finance (YF-DAI)|(YF-DAI) YfDAI.finance} can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {YfDAI.finance (YF-DAI)|(YF-DAI) YfDAI.finance} by using the given drop-down box. Drop in the amount of {YfDAI.finance (YF-DAI)|(YF-DAI) YfDAI.finance} you would wish to take off. Don't forget the presented fees/minimums. Also make sure you have entered your correct withdraw address.

When you are satisfied, click on “Submit”. You may be requested for verfication via phone/email ahead of a take off.

Kudos! You have successfully purchased and stored YfDAI.finance (YF-DAI) in Azerbaijan.

That's it!

Withdrawals from Crypto Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you have confirmed your withdrawal with Ethplorer.io or Etherscan.io and the {YfDAI.finance (YF-DAI)|(YF-DAI) YfDAI.finance} is stored inside your wallet, you're done.

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