A Step-by-Step-Guide on how to buy DFI.money (YFII) in Anguilla
Step 1 – Join Coinmama You will first need to buy one of the major currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below to register and receive your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. DFI.money (YFII) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this manual) Make sure you have selected the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Find DFI.money (YFII) Once your deposit has been verified, you will now have access to your finances and you can start buying and trading. To buy DFI.money (YFII) on Binance, you will want to go to the ”Exchange” tab and then mouse click on “Basic”. To discover DFI.money (YFII), you'll need to insert the shortname of the coin (YFII) into the search-box, which is marked in the picture. Be certain of having selected the proper pairing, we've marked this also. Click on “YFII/BTC” to continue.
Step 4 – Purchase DFI.money (YFII) As soon as you have spotted DFI.money (YFII), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we're going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the most latest rate DFI.money (YFII) was traded for. You can change this to your desired rate. The field with the “Amount” tag is the quantity of YFII you like to purchase. The ”Total” field is the total price in BTC that you will settle for the whole quantity of YFII. If you are happy, make a mouse click on “Buy YFII”. Your order will be filled as soon as a Vender trades their YFII for the price you gave.
Step 5 – Withdraw DFI.money (YFII) Unless you're frequently trading, you should never keepyour crypto coins on an Crypto Exchange for an longer period of time. In order to withdraw your DFI.money (YFII), hover over the tab called “Funds” and click on “Withdraw”. DFI.money (YFII) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find DFI.money (YFII) by using the given drop-down box. Enter the amount of DFI.money (YFII) you would like to withdraw. Take into account the displayed minimus/fees. Also make sure you have entered your correct withdraw address. When you're glad, click “Submit”. You could be requested for verfication via email/phone ahead of a withdrawal.
Congrats! You have successfully purchased and safed DFI.money (YFII) in Anguilla.That's it! Take offs from Crypto Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). As soon as you have proved your withdrawal with Ethplorer.io or Etherscan.io and the DFI.money (YFII) is stored inside your wallet, you're done.
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