A Step-by-Step-Guide on how to buy Yearn Finance Diamond Token (YFDT)
Step 1 – Signup to Coinbase and get 10$ for free In the beginning you'll need to purchase units of the bigger coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click below for registration and receive your welcome $10.
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your Bitcoin or Ethereum has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Yearn Finance Diamond Token (YFDT) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Follow these easy steps) Make sure you have chosen the right coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Find Yearn Finance Diamond Token (YFDT) Once your deposit has been confirmed, you'll now have access to your assets and you can start buying and trading. To invest in Yearn Finance Diamond Token (YFDT) on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. In order to spot Yearn Finance Diamond Token (YFDT), you'll need to insert the shortname of the coin (YFDT) into the search-box, which is highlighted in the picture. Be certain of having selected the right pairing, we've highlighted this also. Click on “YFDT/BTC” to go on.
Step 4 – Buy Yearn Finance Diamond Token (YFDT) As soon as you have spotted Yearn Finance Diamond Token (YFDT), you will be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). For now we're going to create our Limit Order. The field with the “Price” tag will be filled automatically with the recent tariff Yearn Finance Diamond Token (YFDT) was traded for. This can be changed to your preferred rate. The ”Amount” field is the quantity of YFDT you like to purchase. The ”Total” field is the aggregated price in BTC that you will pay for the complete quantity of YFDT. If you are satisfied, click on “Buy YFDT”. Your plan will be filled as soon as a Vendor sells their YFDT for the price you offered.
Step 5 – Withdraw (YFDT) Yearn Finance Diamond Token Unless you are regularly trading, never keep your crypto on an Crypto Exchange for an extended period of time. To take off your (YFDT) Yearn Finance Diamond Token, hover over the ”Funds” tab and click on “Withdraw”. (YFDT) Yearn Finance Diamond Token can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (YFDT) Yearn Finance Diamond Token by using the provided drop-down box. Drop in the amount of (YFDT) Yearn Finance Diamond Token you would like to take off. Take into account the displayed minimus/fees. Also make sure you have filled your right withdraw address. When you are glad, make a mouse click on “Submit”. You could be requested for phone/email verification before a withdrawal.