A Step-by-Step-Guide on how to buy Defis (XGM)
Step 1 – Signup to CEX.io You will first need to purchase units of the major coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below for registration and receive Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Defis (XGM) is obtainable on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to) Make sure you've selected the right coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. In the case you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our manual).
Step 3 – Locate Defis (XGM) As soon as your deposit has been verified, you will immediately have access to your assets and you can initiate buying and trading. To invest in Defis (XGM) on Binance, you will want to hover over the tab which is called “Exchange” and mouse click on “Basic”. To locate Defis (XGM), you will need to insert the shortname of the coin (XGM) into the search-box, which is marked in the image. Be certain of having selected the right grouping, we have marked this also. Click on “XGM/BTC” to advance.
Step 4 – Acquisition of (XGM) Defis Once you have spotted (XGM) Defis, you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we're creating our own Limit Order. The ”Price” field will be filled with the most latest price (XGM) Defis was sold for. This can be changed to your favoured rate. The ”Amount” field is the amount of XGM you wish to buy. The ”Total” field is the whole price in Bitcoin that you'll pay for the whole amount of XGM. If you are satisfied, click on “Buy XGM”. Your plan will be filled when a Vendor sells their XGM for the price you submitted.
Step 5 – Withdraw Defis (XGM) Unless you're regularly trading, you should never keepyour crypto on an Exchange for an longer time period. To withdraw your Defis (XGM), hover over the ”Funds” tab and click on “Withdraw”. Defis (XGM) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Defis (XGM) by using the provided drop-down box. Put into the quantity of Defis (XGM) you'd like to withdraw. Don't forget the presented minimus/fees. Also make sure you have filled your correct withdraw address. If you're satisfied, click “Submit”. You could be asked for verfication via email/phone before a withdrawal.