A Step-by-Step-Guide on how to buy YfDAI.finance (YF-DAI)
Step 1 – Join Coinbase and get 10$ for free In the beginning you'll need to purchase one of the major coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click the button below to register and to get your first 10 Dollar.
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. YfDAI.finance (YF-DAI) is available on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual) Make sure you have chosen the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Locate (YF-DAI) YfDAI.finance Once your deposit has been affirmed, you will instantly have access to your assets and you can start purchasing and trading. To purchase (YF-DAI) YfDAI.finance on Binance, you will want to go to the tab which is called “Exchange” and click on “Basic”. In order to locate (YF-DAI) YfDAI.finance, you will need to put the cointype (YF-DAI) into the search-box, which is highlighted in the image. Make sure you have selected the correct grouping, we've highlighted this also. Click on “YF-DAI/BTC” to go on.
Step 4 – Purchase (YF-DAI) YfDAI.finance After you have discovered (YF-DAI) YfDAI.finance, you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). For now we're going to create our Limit Order. The field with the “Price” tag will be automatically filled with the up-to-date price (YF-DAI) YfDAI.finance was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the quantity of YF-DAI you wish to buy. The ”Total” field is the total price in BTC that you will pay for the complete quantity of YF-DAI. When you are happy, click on “Buy YF-DAI”. Your order will be filled when a Seller trades their YF-DAI for the price you gave.
Step 5 – Withdraw (YF-DAI) YfDAI.finance Unless you're regularly trading, never keep your coins on an Cryptocurrency Exchange for an extensive time period. To withdraw your (YF-DAI) YfDAI.finance, go to the tab called “Funds” and mouse click on “Withdraw”. (YF-DAI) YfDAI.finance can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (YF-DAI) YfDAI.finance by using the provided drop-down box. Drop in the volumen of (YF-DAI) YfDAI.finance you'd like to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your precise withdraw address. When you're satisfied, click “Submit”. You may be asked for phone/email verification before a take off.