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 BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. YfDAI.finance (YF-DAI) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this how-to)

Make sure you've selected the exact coin you would like to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).

Step 3 – Locate YfDAI.finance (YF-DAI)

As soon as your deposit has been verified, you'll now have access to your finances and you can start purchasing and trading. To buy 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”.

To find YfDAI.finance (YF-DAI), you will need to insert the cointype (YF-DAI) into the search box, which is marked in the graphic. Be certain of having choosen the correct pairing, we have highlighted this too. Click on “YF-DAI/BTC” to proceed.

Step 4 – Purchase YfDAI.finance (YF-DAI)

After you have located YfDAI.finance (YF-DAI), you'll be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). And now we are making our own Limit Order.

The ”Price” field will be filled automatically with the most latest price YfDAI.finance (YF-DAI) was traded for. This can be changed to your desired rate. The ”Amount” field is the amount of YF-DAI you want to buy. The ”Total” field is the whole price in Bitcoin that you will settle for the whole quantity of YF-DAI.

When you are glad, make a mouse click on “Buy YF-DAI”. Your plan will be filled as soon as a Seller trades their YF-DAI for the price you offered.

Step 5 – Withdraw YfDAI.finance (YF-DAI)

Unless you are regularly trading, best advise is not to keep crypto on an Crypto Trader for an extensive time period. In order to withdraw your YfDAI.finance (YF-DAI), go to the ”Funds” tab and mouse click on “Withdraw”. YfDAI.finance (YF-DAI) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find YfDAI.finance (YF-DAI) by using the given drop-down box. Enter the amount of YfDAI.finance (YF-DAI) you'd like to take off. Take into account the presented minimus/fees. Also make sure you have entered your precise withdraw address.

If you are happy, click “Submit”. You may be requested for email/phone verification ahead of a take off.