A Step-by-Step-Guide on how to buy CoinFi (COFI)
Step 1 – Signup to CEX.io In the beginning you'll need to purchase one of the major currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below for registration and receive Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. CoinFi (COFI) is accessible 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 this guide) Make sure you've selected the exact coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our manual).
Step 3 – Locate CoinFi (COFI) As soon as your deposit has been verified, you'll instantly have access to your finances and you can commence purchasing and trading. To purchase CoinFi (COFI) on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”. In order to spot CoinFi (COFI), you'll need to put the shortname of the coin (COFI) into the search-box, which is marked in the image. Be certain of having choosen the proper grouping, we have marked this also. Click on “COFI/BTC” to go on.
Step 4 – Purchase CoinFi (COFI) As soon as you have discovered CoinFi (COFI), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). Next we're making our own Limit Order. The field with the “Price” tag will be filled with the latest rate CoinFi (COFI) was traded for. You can change this to your desired price. The ”Amount” field is the quantity of COFI you want to buy. The ”Total” field is the whole price in BTC that you will settle for the complete quantity of COFI. If you're happy, click on “Buy COFI”. Your plan will be filled when a Vender sells their COFI for the price you gave.
Step 5 – Withdraw (COFI) CoinFi Unless you are frequently trading, never keep your coins on an Exchange for an extensive time frame. In order to take off your (COFI) CoinFi, hover over the tab called “Funds” and mouse click on “Withdraw”. (COFI) CoinFi can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (COFI) CoinFi by using the given drop-down box. Drop in the volumen of (COFI) CoinFi you would wish to take off. Take into account the shown fees/minimums. Also make sure you have filled your correct withdraw address. When you are satisfied, make a mouse click on “Submit”. You may be requested for verfication via email/phone ahead of a withdrawal.