A Step-by-Step-Guide on how to buy DogeFi (DOGEFI)
Step 1 – Join Kraken You will first need to purchase units of the top-tier coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below to register and getting Funds.
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your Ethereum or Bitcoin has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. DogeFi (DOGEFI) is accessible on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Follow this manual) Make sure you have selected the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're working with a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).
Step 3 – Locate DogeFi (DOGEFI) Once your deposit has been affirmed, you will immediately have access to your funds and you can start buying and trading. To buy DogeFi (DOGEFI) on Binance, you will want to go to the ”Exchange” tab and then click on “Basic”. In order to spot DogeFi (DOGEFI), you will need to put the shortname of the coin (DOGEFI) into the search-box, which is marked in the graphic. Be certain of having selected the proper pairing, we have marked this too. Click on “DOGEFI/BTC” to progress.
Step 4 – Buy DogeFi (DOGEFI) After you have spotted DogeFi (DOGEFI), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're going to create our own Limit Order. The field with the “Price” tag will be automatically filled with the most recent valuation DogeFi (DOGEFI) was sold for. This can be changed to your desired price. The field with the “Amount” tag is the quantity of DOGEFI you want to purchase. The ”Total” field is the whole price in Bitcoin that you'll settle for the whole quantity of DOGEFI. If you are satisfied, click on “Buy DOGEFI”. Your order will be filled when a Vendor sells their DOGEFI for the price you submitted.
Step 5 – Withdraw DogeFi (DOGEFI) Unless you are frequently trading, best advise is not to keep your coins on an Crypto Trader for an extended time frame. In order to withdraw your DogeFi (DOGEFI), hover over the ”Funds” tab and click on “Withdraw”. DogeFi (DOGEFI) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate DogeFi (DOGEFI) by using the provided drop-down box. Enter the quantity of DogeFi (DOGEFI) you would like to withdraw. Don't forget the presented minimus/fees. Also make sure you have filled your correct withdraw address. When you are happy, click “Submit”. You may be requested for phone/email verification before a take off.