How to Buy iDeFi (IDEFI)

A Step-by-Step-Guide on how to buy iDeFi (IDEFI)

Step 1 – Signup to CEX.io

In the beginning you'll need to buy units of the major currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click below to register and receive Bitcoin or Ethereum.

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

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. iDeFi (IDEFI) is obtainable on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this how-to)

Make sure you have selected the precise coin you want to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our manual).

Step 3 – Find (IDEFI) iDeFi

Once your deposit has been verified, you will now have access to your assets and you can start purchasing and trading. To buy (IDEFI) iDeFi on Binance, you will want to go to the ”Exchange” tab and mouse click on “Basic”.

In order to discover (IDEFI) iDeFi, you will need to put the short name of the asset (IDEFI) into the search-box, which is marked in the graphic. Make sure you have choosen the proper grouping, we have marked this too. Click on “IDEFI/BTC” to go on.

Binance Hot To Buy iDeFi (IDEFI)
Binance How to Buy (IDEFI) iDeFi
Step 4 – Purchase iDeFi (IDEFI)

After you have discovered iDeFi (IDEFI), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we're going to create our own Limit Order.

The ”Price” field will be filled with the latest valuation iDeFi (IDEFI) was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the volumen of IDEFI you want to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the whole volumen of IDEFI.

When you're satisfied, make a mouse click on “Buy IDEFI”. Your order will be filled when a Seller trades their IDEFI for the price you gave.

Step 5 – Withdraw (IDEFI) iDeFi

Unless you are frequently trading, you should never keepyour coins on an Crypto Exchange for an longer time frame. In order to withdraw your (IDEFI) iDeFi, go to the tab called “Funds” and click on “Withdraw”. (IDEFI) iDeFi can be stored safely using a Wallet, for instance 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 displayed minimus/fees. Also make sure you have filled your precise withdraw address.

When you are satisfied, click “Submit”. You could be requested for verfication via email/phone before a take off.

Binance Withdraw

Congrats! You have successfully purchased and safed iDeFi (IDEFI).

That's it!

Take offs from Crypto Trader can durate anywhere from 1 – 30 minutes (rely on network usage). Once you've proved your withdrawal using Ethplorer.io or Etherscan.io and the iDeFi (IDEFI) is stored inside your wallet, you are finished.