A Step-by-Step-Guide on how to buy CRYPTOFOREX (CFX)
Step 1 – Join Kraken In the beginning you'll need to purchase units of the top-tier coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click below to register and receive Ethereum or Bitcoin.
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. CRYPTOFOREX (CFX) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this how-to) Make sure you've chosen the precise coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Locate CRYPTOFOREX (CFX) As soon as your deposit has been approved, you'll immediately have access to your funds and you can begin buying and trading. To buy CRYPTOFOREX (CFX) on Binance, you'll want to go to the ”Exchange” tab and after that click on “Basic”. In order to find CRYPTOFOREX (CFX), you will need to put the shortname of the coin (CFX) into the search-box, which is highlighted in the image. Make sure you have selected the correct pairing, we have highlighted this also. Click on “CFX/BTC” to proceed.
Step 4 – Buying CRYPTOFOREX (CFX) As soon as you have found CRYPTOFOREX (CFX), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). For now we are making our own Limit Order. The ”Price” field will be filled with the most up-to-date rate CRYPTOFOREX (CFX) was traded for. This can be changed to your preferred rate. The field with the “Amount” tag is the volumen of CFX you want to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the whole amount of CFX. If you are happy, make a mouse click on “Buy CFX”. Your order will be filled when a Vender trades their CFX for the price you offered.
Step 5 – Withdraw CRYPTOFOREX (CFX) Unless you are frequently trading, best advise is not to keep your coins on an Crypto Trader for an longer time period. To withdraw your CRYPTOFOREX (CFX), go to the ”Funds” tab and mouse click on “Withdraw”. CRYPTOFOREX (CFX) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate CRYPTOFOREX (CFX) by using the given drop-down box. Put into the quantity of CRYPTOFOREX (CFX) you would like to take off. Take into account the shown minimus/fees. Also make sure you have entered your right withdraw address. When you are glad, click on “Submit”. You may be requested for verfication via email/phone ahead of a take off.