How to Buy (YFII) in Armenia

A Step-by-Step-Guide on how to buy (YFII) in Armenia

Step 1 – Signup to Coinmama

You'll first need to buy units of the major coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below to register and to get your Bitcoin (BTC) or Ethereum (ETH).

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

Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. (YFII) is obtainable on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow these easy steps)

Make sure you have chosen the right coin you want to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you're working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).

Step 3 – Find { (YFII)|(YFII)}

Once your deposit has been verified, you will now have access to your assets and you can initiate purchasing and trading. To purchase { (YFII)|(YFII)} on Binance, you will want to go to the ”Exchange” tab and after that mouse click on “Basic”.

In order to find { (YFII)|(YFII)}, you will need to insert the cointype (YFII) into the search box, which is marked in the image. Be certain of having selected the correct pairing, we have marked this too. Click on “YFII/BTC” to advance.

{How to buy Coin on Binance 1|Binance How To Buy 1} (YFII)
Step 4 – Acquisition of { (YFII)|(YFII)}

As soon as you've discovered { (YFII)|(YFII)}, you'll be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). And now we're going to create our own Limit Order.

The field with the “Price” tag will be automatically filled with the most latest price { (YFII)|(YFII)} was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of YFII you like to buy. The ”Total” field is the total price in BTC that you'll pay for the complete amount of YFII.

When you're satisfied, click on “Buy YFII”. Your plan will be filled when a Seller sells their YFII for the price you introduced.

Step 5 – Withdraw { (YFII)|(YFII)}

Unless you are trading, best advise is not to keep coins on an Crypto Exchange for an extensive time frame. To withdraw your { (YFII)|(YFII)}, hover over the tab called “Funds” and mouse click on “Withdraw”. { (YFII)|(YFII)} can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find { (YFII)|(YFII)} by using the given drop-down box. Drop in the quantity of { (YFII)|(YFII)} you'd like to withdraw. Take into account the presented minimus/fees. Also make sure you have entered your precise withdraw address.

When you are satisfied, click on “Submit”. You could be asked for email/phone verification ahead of a withdrawal.

Congratulations! You've successfully bought and safed (YFII) in Armenia.

That's it!

Withdrawals from Cryptocurrency Exchange can take between 1 – 30 minutes (depending on network usage). As soon as you've proved your withdrawal using or and the { (YFII)|(YFII)} is safe within your wallet, you are done.

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