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 – Send Your BTC (Bitcoin) or ETH (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 similar. YfDAI.finance (YF-DAI) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this manual) Make sure you've chosen the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Locate YfDAI.finance (YF-DAI) Once your deposit has been verified, you'll immediately have access to your assets and you can launch invest and trading. To buy YfDAI.finance (YF-DAI) on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”. To locate YfDAI.finance (YF-DAI), you'll need to put the short name of the asset (YF-DAI) into the search box, which is marked in the graphic. Make sure you have selected the proper grouping, we've marked this also. Click on “YF-DAI/BTC” to advance.
Step 4 – Purchasing YfDAI.finance (YF-DAI) As soon as you've discovered YfDAI.finance (YF-DAI), you'll be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). Next we're making our Limit Order. The field with the “Price” tag will be filled automatically with the most latest valuation YfDAI.finance (YF-DAI) was sold for. You can change this to your preferred price. The ”Amount” field is the amount of YF-DAI you want to buy. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the whole amount of YF-DAI. When you're happy, make a mouse click on “Buy YF-DAI”. Your plan will be filled as soon as a Vendor sells their YF-DAI for the price you gave.
Step 5 – Withdraw YfDAI.finance (YF-DAI) Unless you are trading, best advise is not to keep crypto coins on an Crypto Exchange for an extended time period. In order to take off your YfDAI.finance (YF-DAI), hover over the ”Funds” tab and mouse click on “Withdraw”. YfDAI.finance (YF-DAI) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate YfDAI.finance (YF-DAI) by using the provided drop-down box. Drop in the amount of YfDAI.finance (YF-DAI) you would like to take off. Don't forget the shown fees/minimums. Also make sure you have filled your precise withdraw address. When you are glad, click “Submit”. You may be asked for phone/email verification ahead of a withdrawal.