How to Buy 3X Short DeFi Index Token (DEFIBEAR)

A Step-by-Step-Guide on how to buy 3X Short DeFi Index Token (DEFIBEAR)

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

You will first need to buy units of the major coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below for registration and getting your welcome $10.

Coinbase Free Bitcoin

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

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. 3X Short DeFi Index Token (DEFIBEAR) is accessible on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to)

Make sure you have selected the precise coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our guide).

Step 3 – Find 3X Short DeFi Index Token (DEFIBEAR)

Once your deposit has been affirmed, you'll instantly have access to your assets and you can begin invest and trading. To purchase 3X Short DeFi Index Token (DEFIBEAR) on Binance, you'll want to go to the ”Exchange” tab and then click on “Basic”.

In order to discover 3X Short DeFi Index Token (DEFIBEAR), you'll need to insert the short name of the asset (DEFIBEAR) into the search-box, which is highlighted in the graphic. Make sure you have choosen the correct grouping, we've highlighted this also. Click on “DEFIBEAR/BTC” to go ahead.

Binance Hot To Buy 3X Short DeFi Index Token (DEFIBEAR)
Binance How to Buy (DEFIBEAR) 3X Short DeFi Index Token
Step 4 – Purchasing 3X Short DeFi Index Token (DEFIBEAR)

After you have discovered 3X Short DeFi Index Token (DEFIBEAR), you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). Next we are making our own Limit Order.

The field with the “Price” tag will be automatically filled with the recent valuation 3X Short DeFi Index Token (DEFIBEAR) was traded for. You can change this to your preferred price. The field with the “Amount” tag is the volumen of DEFIBEAR you like to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the complete volumen of DEFIBEAR.

When you are glad, make a mouse click on “Buy DEFIBEAR”. Your order will be filled when a Vender sells their DEFIBEAR for the price you gave.

Step 5 – Withdraw 3X Short DeFi Index Token (DEFIBEAR)

Unless you are frequently trading, you should never keepyour coins on an Crypto Exchange for an longer time frame. In order to take off your 3X Short DeFi Index Token (DEFIBEAR), go to the tab called “Funds” and click on “Withdraw”. 3X Short DeFi Index Token (DEFIBEAR) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate 3X Short DeFi Index Token (DEFIBEAR) by using the given drop-down box. Put into the amount of 3X Short DeFi Index Token (DEFIBEAR) you'd wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address.

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

Binance Withdraw

Congrats! You have successfully purchased and safed 3X Short DeFi Index Token (DEFIBEAR).

That's it!

Withdrawals from Cryptocurrency Exchange can durate between 1 – 30 minutes (depending on usage of the network). As soon as you've confirmed your withdrawal with Ethplorer.io or Etherscan.io and the 3X Short DeFi Index Token (DEFIBEAR) is safe inside your wallet, you're done.