A Step-by-Step-Guide on how to buy iDeFi (IDEFI)
Step 1 – Signup to Kraken In the beginning you'll need to buy one of the top-tier coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below for registration and getting Ethereum or Bitcoin.
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. iDeFi (IDEFI) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this manual) Make sure you've selected the precise coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Find iDeFi (IDEFI) Once your deposit has been affirmed, you will now have access to your funds and you can start purchasing and trading. To invest in iDeFi (IDEFI) on Binance, you will want to go to the ”Exchange” tab and after that mouse click on “Basic”. To locate iDeFi (IDEFI), you will need to insert the short name of the asset (IDEFI) into the search-box, which is highlighted in the image. Be certain of having selected the right pairing, we have highlighted this too. Click on “IDEFI/BTC” to advance.
Step 4 – Purchase iDeFi (IDEFI) As soon as you've found iDeFi (IDEFI), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). And now we are creating our Limit Order. The ”Price” field will be filled with the most latest rate iDeFi (IDEFI) was sold for. You can change this to your desired rate. The field with the “Amount” tag is the quantity of IDEFI you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the complete quantity of IDEFI. If you are satisfied, click on “Buy IDEFI”. Your plan will be filled when a Seller sells their IDEFI for the price you submitted.
Step 5 – Withdraw iDeFi (IDEFI) Unless you're trading, you should never keepyour crypto on an Crypto Exchange for an extended time period. To withdraw your iDeFi (IDEFI), go to the tab called “Funds” and 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. Put into the quantity of iDeFi (IDEFI) you would like to withdraw. Don't forget the displayed fees/minimums. Also make sure you have filled your correct withdraw address. When you're satisfied, click on “Submit”. You could be asked for verfication via email/phone ahead of a take off.