A Step-by-Step-Guide on how to buy YfDAI.finance (YF-DAI)
Step 1 – Join Kraken You will first need to buy units of the major currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click the button below to register and receive Bitcoin or Ethereum.
Step 2 – Transfer Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. YfDAI.finance (YF-DAI) is accessible on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow this how-to) Make sure you have chosen the precise coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etc. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Locate YfDAI.finance (YF-DAI) Once your deposit has been confirmed, you will instantly have access to your funds and you can start invest and trading. To purchase YfDAI.finance (YF-DAI) on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. In order to locate YfDAI.finance (YF-DAI), you will need to put the short name of the asset (YF-DAI) into the search-box, which is marked in the graphic. Be certain of having choosen the proper pairing, we have marked this too. Click on “YF-DAI/BTC” to go ahead.
Step 4 – Buying YfDAI.finance (YF-DAI) As soon as you have spotted YfDAI.finance (YF-DAI), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we're making our own Limit Order. The field with the “Price” tag will be filled with the most recent rate YfDAI.finance (YF-DAI) was sold for. You can change this to your preferred rate. The ”Amount” field is the amount of YF-DAI you want to buy. The ”Total” field is the aggregated price in Bitcoin that you will settle for the whole volumen of YF-DAI. If you are glad, make a mouse click on “Buy YF-DAI”. Your order will be filled as soon as a Seller sells their YF-DAI for the price you introduced.
Step 5 – Withdraw YfDAI.finance (YF-DAI) Unless you're regularly trading, never keep your crypto on an Crypto Trader for an longer time frame. To take off your YfDAI.finance (YF-DAI), hover over the ”Funds” tab and click on “Withdraw”. YfDAI.finance (YF-DAI) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate YfDAI.finance (YF-DAI) by using the given drop-down box. Drop in the amount of YfDAI.finance (YF-DAI) you'd wish to take off. Don't forget the shown minimus/fees. Also make sure you have filled your right withdraw address. If you're glad, click on “Submit”. You could be asked for phone/email verification ahead of a take off.