A Step-by-Step-Guide on how to buy YfDAI.finance (YF-DAI)
Step 1 – Signup to CEX.io You will first need to buy units of the bigger currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below to register and getting BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Exchange Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. YfDAI.finance (YF-DAI) is available on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow these easy steps) Make sure you've chosen the exact coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Locate (YF-DAI) YfDAI.finance Once your deposit has been affirmed, you'll now have access to your assets and you can commence buying and trading. To invest in (YF-DAI) YfDAI.finance on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”. To discover (YF-DAI) YfDAI.finance, you'll need to insert the short name of the asset (YF-DAI) into the search box, which is highlighted in the graphic. Make sure you have choosen the right grouping, we've highlighted this too. Click on “YF-DAI/BTC” to progress.
Step 4 – Buy (YF-DAI) YfDAI.finance As soon as you have discovered (YF-DAI) YfDAI.finance, you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). Next we are going to create our Limit Order. The ”Price” field will be filled automatically with the up-to-date valuation (YF-DAI) YfDAI.finance was sold for. You can change this to your preferred rate. The ”Amount” field is the quantity of YF-DAI you want to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the complete quantity of YF-DAI. When you're glad, click on “Buy YF-DAI”. Your order will be filled as soon as a Vendor sells their YF-DAI for the price you introduced.
Step 5 – Withdraw YfDAI.finance (YF-DAI) Unless you are regularly trading, best advise is not to keep your coins on an Exchange for an longer time frame. To take off your YfDAI.finance (YF-DAI), go to the tab called “Funds” and click on “Withdraw”. YfDAI.finance (YF-DAI) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find YfDAI.finance (YF-DAI) by using the provided drop-down box. Enter the amount of YfDAI.finance (YF-DAI) you would wish to take off. Take into account the presented fees/minimums. Also make sure you have filled your precise withdraw address. When you are satisfied, click “Submit”. You could be requested for email/phone verification ahead of a take off.