How to Buy DFI.money (YFII)

A Step-by-Step-Guide on how to buy DFI.money (YFII)

Step 1 – Signup to Kraken

You'll first need to buy one of the bigger coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below for registration and receive Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. DFI.money (YFII) is obtainable on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow these easy steps)

Make sure you've selected the right coin you wish to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etc. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).

Step 3 – Locate DFI.money (YFII)

As soon as your deposit has been approved, you will directly have access to your assets and you can initiate buying and trading. To invest in DFI.money (YFII) on Binance, you will want to hover over the ”Exchange” tab and after that mouse click on “Basic”.

To spot DFI.money (YFII), you will need to put the short name of the asset (YFII) into the search box, which is marked in the graphic. Be certain of having selected the correct pairing, we have marked this also. Click on “YFII/BTC” to advance.

Binance Hot To Buy DFI.money (YFII)
Binance How to Buy (YFII) DFI.money
Step 4 – Buying DFI.money (YFII)

As soon as you have spotted DFI.money (YFII), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). For now we are going to create our own Limit Order.

The ”Price” field will be filled with the most recent rate DFI.money (YFII) was sold for. You can change this to your preferred price. The field with the “Amount” tag is the amount of YFII you want to buy. The ”Total” field is the whole price in BTC that you will pay for the complete quantity of YFII.

If you're glad, make a mouse click on “Buy YFII”. Your order will be filled when a Vendor sells their YFII for the price you gave.

Step 5 – Withdraw DFI.money (YFII)

Unless you're frequently trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an longer period of time. To take off your DFI.money (YFII), hover over the ”Funds” tab and mouse click on “Withdraw”. DFI.money (YFII) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find DFI.money (YFII) by using the provided drop-down box. Enter the quantity of DFI.money (YFII) you'd like to take off. Don't forget the presented fees/minimums. Also make sure you have entered your precise withdraw address.

If you are happy, click on “Submit”. You could be asked for phone/email verification ahead of a withdrawal.

Binance Withdraw

Congrats! You've successfully bought and stored DFI.money (YFII).

That's it!

Take offs from Exchange can take between 1 – 30 minutes (depending on network usage). As soon as you have confirmed your withdrawal with Etherscan.io or Ethplorer.io and the (YFII) DFI.money is stored within your wallet, you are all done.

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