A Step-by-Step-Guide on how to buy DXY Finance (DXY)
Step 1 – Signup to Kraken You will first need to buy one of the top-tier coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for alternative Coins. Follow the Link below for registration and receive ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your Ethereum or Bitcoin has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. DXY Finance (DXY) is accessible on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this guide) Make sure you have chosen the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, et cetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Locate DXY Finance (DXY) As soon as your deposit has been approved, you'll directly have access to your funds and you can initiate invest and trading. To purchase DXY Finance (DXY) on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”. In order to discover DXY Finance (DXY), you'll need to put the short name of the asset (DXY) into the search-box, which is marked in the graphic. Make sure you have selected the correct grouping, we've highlighted this also. Click on “DXY/BTC” to go on.
Step 4 – Acquisition of DXY Finance (DXY) As soon as you've located DXY Finance (DXY), you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). For now we're going to create our own Limit Order. The ”Price” field will be filled automatically with the most latest rate DXY Finance (DXY) was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the amount of DXY you like to purchase. The field with the “Total” tag is the total price in BTC that you'll settle for the complete quantity of DXY. When you are happy, make a mouse click on “Buy DXY”. Your plan will be filled when a Vender trades their DXY for the price you introduced.
Step 5 – Withdraw DXY Finance (DXY) Unless you are regularly trading, best advise is not to keep coins on an Crypto Exchange for an longer time period. In order to withdraw your DXY Finance (DXY), hover over the tab called “Funds” and mouse click on “Withdraw”. DXY Finance (DXY) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find DXY Finance (DXY) by using the given drop-down box. Enter the volumen of DXY Finance (DXY) you'd wish to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your right withdraw address. When you're happy, click on “Submit”. You may be asked for verfication via email/phone ahead of a withdrawal.