A Step-by-Step-Guide on how to buy CoinFi (COFI)
Step 1 – Join Coinbase – Get Free $10 You will first need to purchase one of the major currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below to register and receive your welcome 10$.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. CoinFi (COFI) is accessible on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this guide) Make sure you've chosen the precise coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our how-to).
Step 3 – Locate (COFI) CoinFi Once your deposit has been approved, you will now have access to your assets and you can launch buying and trading. To buy (COFI) CoinFi on Binance, you will want to hover over the ”Exchange” tab and click on “Basic”. In order to spot (COFI) CoinFi, you will need to put the shortname of the coin (COFI) into the search-box, which is highlighted in the image. Make sure you have choosen the correct pairing, we have highlighted this also. Click on “COFI/BTC” to go ahead.
Step 4 – Acquisition of (COFI) CoinFi Once you've spotted (COFI) CoinFi, you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). Next we are creating our own Limit Order. The field with the “Price” tag will be filled with the most up-to-date valuation (COFI) CoinFi was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the amount of COFI you want to purchase. The field with the “Total” tag is the total price in Bitcoin that you will pay for the whole amount of COFI. When you are satisfied, make a mouse click on “Buy COFI”. Your order will be filled as soon as a Vendor trades their COFI for the price you offered.
Step 5 – Withdraw CoinFi (COFI) Unless you are frequently trading, best advise is not to keep crypto on an Crypto Trader for an longer time frame. In order to take off your CoinFi (COFI), hover over the ”Funds” tab and mouse click on “Withdraw”. CoinFi (COFI) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate CoinFi (COFI) by using the provided drop-down box. Drop in the amount of CoinFi (COFI) you'd like to take off. Don't forget the demonstrated minimus/fees. Also make sure you have entered your right withdraw address. If you are glad, click on “Submit”. You may be asked for email/phone verification before a withdrawal.