A Step-by-Step-Guide on how to buy CoFiX (COFI)
Step 1 – Signup to Kraken In the beginning you'll need to buy one of the major currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click below for registration and to get Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. CoFiX (COFI) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide) Make sure you have selected the correct coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Find CoFiX (COFI) As soon as your deposit has been confirmed, you will now have access to your funds and you can start buying and trading. To invest in CoFiX (COFI) on Binance, you will want to go to the ”Exchange” tab and after that click on “Basic”. To locate CoFiX (COFI), you will need to insert the shortname of the coin (COFI) into the search box, which is marked in the graphic. Be certain of having selected the right grouping, we have marked this also. Click on “COFI/BTC” to go ahead.
Step 4 – Purchasing CoFiX (COFI) Once you've discovered CoFiX (COFI), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). Next we are making our Limit Order. The ”Price” field will be filled automatically with the latest tariff CoFiX (COFI) was sold for. You can change this to your preferred price. The ”Amount” field is the quantity of COFI you wish to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the whole quantity of COFI. If you are glad, make a mouse click on “Buy COFI”. Your plan will be filled when a Vender sells their COFI for the price you introduced.
Step 5 – Withdraw CoFiX (COFI) Unless you are frequently trading, never keep your coins on an Crypto Trader for an extended time period. In order to take off your CoFiX (COFI), hover over the ”Funds” tab and click on “Withdraw”. CoFiX (COFI) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate CoFiX (COFI) by using the provided drop-down box. Put into the amount of CoFiX (COFI) you would wish to take off. Don't forget the displayed fees/minimums. Also make sure you have filled your precise withdraw address. If you are happy, click on “Submit”. You could be asked for verfication via email/phone ahead of a withdrawal.