A Step-by-Step-Guide on how to buy iDeFi (IDEFI)
Step 1 – Join Coinbase and get 10$ for free In the beginning you'll need to buy units of the bigger coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below for registration and getting your welcome 10$.
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. Every exchange has a deposit form that is alike. iDeFi (IDEFI) is available on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Follow this manual) Make sure you have selected the right coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).
Step 3 – Locate (IDEFI) iDeFi As soon as your deposit has been confirmed, you'll instantly have access to your finances and you can commence purchasing and trading. To invest in (IDEFI) iDeFi on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”. In order to spot (IDEFI) iDeFi, you'll need to put the cointype (IDEFI) into the search-box, which is marked in the image. Be certain of having selected the correct grouping, we've marked this also. Click on “IDEFI/BTC” to advance.
Step 4 – Buying iDeFi (IDEFI) As soon as you have spotted iDeFi (IDEFI), you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). For now we're going to make our Limit Order. The field with the “Price” tag will be filled with the recent price iDeFi (IDEFI) was sold for. You can change this to your favoured price. The ”Amount” field is the volumen of IDEFI you like to buy. The ”Total” field is the total price in Bitcoin that you'll pay for the complete volumen of IDEFI. If you're glad, make a mouse click on “Buy IDEFI”. Your plan will be filled as soon as a Vender trades their IDEFI for the price you gave.
Step 5 – Withdraw iDeFi (IDEFI) Unless you're regularly trading, you should never keepyour crypto coins on an Exchange for an longer period of time. To withdraw your iDeFi (IDEFI), go to the ”Funds” tab and mouse click on “Withdraw”. iDeFi (IDEFI) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate iDeFi (IDEFI) by using the provided drop-down box. Enter the volumen of iDeFi (IDEFI) you would like to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address. If you're happy, click “Submit”. You may be requested for verfication via email/phone ahead of a withdrawal.