How to Buy DeFiat (DFT)

A Step-by-Step-Guide on how to buy DeFiat (DFT)

Step 1 – Signup to Coinbase and get 10$ for free

In the beginning you'll need to purchase one of the bigger currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below to register and to get your first 10$.

Coinbase Free Bitcoin

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

Your Ethereum or Bitcoin has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. DeFiat (DFT) is available on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Follow these easy steps)

Make sure you've selected the right coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. If you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our manual).

Step 3 – Find (DFT) DeFiat

As soon as your deposit has been confirmed, you will now have access to your assets and you can commence invest and trading. To purchase (DFT) DeFiat on Binance, you will want to hover over the ”Exchange” tab and after that click on “Basic”.

In order to find (DFT) DeFiat, you will need to put the cointype (DFT) into the search-box, which is marked in the graphic. Be certain of having selected the proper grouping, we've marked this too. Click on “DFT/BTC” to go ahead.

Binance Hot To Buy DeFiat (DFT)
Binance How to Buy (DFT) DeFiat
Step 4 – Buy DeFiat (DFT)

Once you've discovered DeFiat (DFT), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we are going to create our own Limit Order.

The ”Price” field will be filled automatically with the most up-to-date rate DeFiat (DFT) was sold for. You can change this to your favoured rate. The ”Amount” field is the volumen of DFT you want to buy. The ”Total” field is the whole price in BTC that you'll pay for the whole volumen of DFT.

If you're satisfied, make a mouse click on “Buy DFT”. Your order will be filled as soon as a Vendor trades their DFT for the price you offered.

Step 5 – Withdraw (DFT) DeFiat

Unless you're frequently trading, never keep your coins on an Exchange for an extensive time period. In order to withdraw your (DFT) DeFiat, hover over the tab called “Funds” and click on “Withdraw”. (DFT) DeFiat can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (DFT) DeFiat by using the given drop-down box. Put into the amount of (DFT) DeFiat you'd like to withdraw. Take into account the shown fees/minimums. Also make sure you have entered your right withdraw address.

If you're satisfied, make a mouse click on “Submit”. You may be asked for verfication via phone/email before a withdrawal.

Binance Withdraw

Congrats! You've successfully bought and stored DeFiat (DFT).

That's it!

Take offs from Exchange can take anywhere from 1 – 30 minutes (rely on network usage). Once you've proved your withdrawal with Etherscan.io or Ethplorer.io and the DeFiat (DFT) is safe in your wallet, you are all done.