A Step-by-Step-Guide on how to buy Xfinance (XFI)
Step 1 – Join Kraken You will first need to buy units of the bigger coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below for registration and to get Funds.
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Xfinance (XFI) is available on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this manual) Make sure you've chosen the precise coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Locate Xfinance (XFI) Once your deposit has been affirmed, you'll directly have access to your funds and you can start purchasing and trading. To buy Xfinance (XFI) on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”. In order to spot Xfinance (XFI), you'll need to put the cointype (XFI) into the search box, which is highlighted in the picture. Make sure you have choosen the right pairing, we have highlighted this also. Click on “XFI/BTC” to proceed.
Step 4 – Buy Xfinance (XFI) After you've located Xfinance (XFI), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). And now we're creating our own Limit Order. The field with the “Price” tag will be filled with the latest valuation Xfinance (XFI) was sold for. You can change this to your desired price. The field with the “Amount” tag is the amount of XFI you wish to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the complete amount of XFI. When you're happy, click on “Buy XFI”. Your plan will be filled when a Vender trades their XFI for the price you gave.
Step 5 – Withdraw Xfinance (XFI) Unless you are frequently trading, never keep your coins on an Exchange for an extensive time period. In order to take off your Xfinance (XFI), hover over the ”Funds” tab and click on “Withdraw”. Xfinance (XFI) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Xfinance (XFI) by using the given drop-down box. Put into the quantity of Xfinance (XFI) you would wish to take off. Don't forget the presented minimus/fees. Also make sure you have filled your precise withdraw address. When you are satisfied, make a mouse click on “Submit”. You may be asked for email/phone verification ahead of a withdrawal.