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 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader Your Ethereum or Bitcoin has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. YfDAI.finance (YF-DAI) is obtainable on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this guide) Make sure you've chosen the precise coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etc. If you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Locate YfDAI.finance (YF-DAI) Once your deposit has been confirmed, you'll instantly have access to your finances and you can launch purchasing and trading. To purchase YfDAI.finance (YF-DAI) on Binance, you will want to hover over the ”Exchange” tab and after that click on “Basic”. In order to discover YfDAI.finance (YF-DAI), you will need to put the shortname of the coin (YF-DAI) into the search box, which is highlighted in the image. Make sure you have selected the correct pairing, we have marked this also. Click on “YF-DAI/BTC” to go on.
Step 4 – Purchase YfDAI.finance (YF-DAI) After you've located YfDAI.finance (YF-DAI), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the picture). For now we are going to make our own Limit Order. The ”Price” field will be filled automatically with the most latest rate YfDAI.finance (YF-DAI) was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the quantity of YF-DAI you like to purchase. The field with the “Total” tag is the total 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 when a Vender sells their YF-DAI for the price you gave.
Step 5 – Withdraw YfDAI.finance (YF-DAI) Unless you're regularly trading, never keep your crypto coins on an Exchange for an extensive period of time. In order to withdraw your YfDAI.finance (YF-DAI), hover over the tab called “Funds” and mouse click on “Withdraw”. YfDAI.finance (YF-DAI) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find YfDAI.finance (YF-DAI) by using the provided drop-down box. Drop in the quantity of YfDAI.finance (YF-DAI) you would wish to take off. Take into account the presented fees/minimums. Also make sure you have entered your correct withdraw address. If you're happy, click “Submit”. You could be requested for verfication via phone/email before a withdrawal.