How to Buy CoFiX (COFI)

A Step-by-Step-Guide on how to buy CoFiX (COFI)

Step 1 – Join CEX.io

You will first need to buy one of the major coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Click below for registration and to get Bitcoin (BTC) or Ethereum (ETH).

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

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. CoFiX (COFI) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to)

Make sure you've chosen the exact coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you're working with a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).

Step 3 – Locate (COFI) CoFiX

Once your deposit has been approved, you'll now have access to your finances and you can commence invest and trading. To buy (COFI) CoFiX on Binance, you'll want to hover over the ”Exchange” tab and after that click on “Basic”.

In order to spot (COFI) CoFiX, you'll need to put the cointype (COFI) into the search-box, which is marked in the picture. Be certain of having selected the right grouping, we have marked this also. Click on “COFI/BTC” to go on.

Binance Hot To Buy CoFiX (COFI)
Binance How to Buy (COFI) CoFiX
Step 4 – Purchase CoFiX (COFI)

After you've found CoFiX (COFI), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). And now we're going to make our Limit Order.

The field with the “Price” tag will be filled automatically with the recent tariff CoFiX (COFI) was sold for. This can be changed to your desired price. The ”Amount” field is the amount of COFI you wish to purchase. The ”Total” field is the whole price in Bitcoin that you'll pay for the complete amount of COFI.

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

Step 5 – Withdraw CoFiX (COFI)

Unless you're trading, best advise is not to keep your coins on an Crypto Exchange for an extended time period. To withdraw your CoFiX (COFI), go to the ”Funds” tab and mouse click on “Withdraw”. CoFiX (COFI) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate CoFiX (COFI) by using the provided drop-down box. Drop in the volumen of CoFiX (COFI) you would like to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address.

When you're glad, make a mouse click on “Submit”. You may be asked for email/phone verification ahead of a take off.

Binance Withdraw

Kudos! You've successfully bought and safed CoFiX (COFI).

That's it!

Take offs from Cryptocurrency Exchange can take between 1 – 30 minutes (rely on usage of the network). Once you have confirmed your withdrawal with Etherscan.io or Ethplorer.io and the CoFiX (COFI) is stored inside your wallet, you are all done.