How to Buy (YFII) in Australia

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

Step 1 – Join Coinmama

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

Binance Signup
Step 2 – Transfer Your Funds to an Cryptocurrency Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. (YFII) is available on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow these easy steps)

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

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).

Step 3 – Locate { (YFII)|(YFII)}

Once your deposit has been verified, you'll directly have access to your funds and you can begin purchasing and trading. To purchase { (YFII)|(YFII)} on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”.

In order to find { (YFII)|(YFII)}, you'll need to insert the shortname of the coin (YFII) into the search-box, which is marked in the graphic. Be certain of having selected the correct pairing, we have marked this too. Click on “YFII/BTC” to progress.

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

Once you've discovered { (YFII)|(YFII)}, you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). And now we are creating our Limit Order.

The ”Price” field will be filled automatically with the most latest rate { (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 whole price in BTC that you'll settle for the whole amount of YFII.

When you are happy, make a mouse click on “Buy YFII”. Your order will be filled when a Seller trades their YFII for the price you introduced.

Step 5 – Withdraw { (YFII)|(YFII)}

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

Find { (YFII)|(YFII)} by using the provided drop-down box. Enter the quantity of { (YFII)|(YFII)} you would wish to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your right withdraw address.

If you're glad, click “Submit”. You could be asked for verfication via phone/email ahead of a withdrawal.

Kudos! You have successfully bought and safed (YFII) in Australia.

That's it!

Withdrawals from Crypto Trader can take anywhere from 1 – 30 minutes (depending on usage of the network). Once you have proved your withdrawal using or and the { (YFII)|(YFII)} is safe within your wallet, you're all done.

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