A Step-by-Step-Guide on how to buy YFIII (YFIII)
Step 1 – Signup to Kraken In the beginning you'll need to buy one of the bigger coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below to register and receive Funds.
Step 2 – Transfer Your Ethereum or Bitcoin to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. YFIII (YFIII) is accessible on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this how-to) Make sure you've selected the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. If you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Locate YFIII (YFIII) Once your deposit has been affirmed, you will now have access to your funds and you can commence invest and trading. To invest in YFIII (YFIII) on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. To find YFIII (YFIII), you will need to put the shortname of the coin (YFIII) into the search-box, which is highlighted in the image. Be certain of having choosen the correct grouping, we have highlighted this also. Click on “YFIII/BTC” to proceed.
Step 4 – Buying YFIII (YFIII) As soon as you've spotted YFIII (YFIII), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). And now we are making our own Limit Order. The field with the “Price” tag will be automatically filled with the most latest price YFIII (YFIII) was traded for. You can change this to your desired rate. The field with the “Amount” tag is the volumen of YFIII you want to buy. The ”Total” field is the aggregated price in Bitcoin that you will settle for the whole volumen of YFIII. When you are glad, click on “Buy YFIII”. Your order will be filled as soon as a Vender trades their YFIII for the price you submitted.
Step 5 – Withdraw YFIII (YFIII) Unless you are regularly trading, best advise is not to keep your coins on an Exchange for an longer time period. In order to take off your YFIII (YFIII), hover over the tab called “Funds” and click on “Withdraw”. YFIII (YFIII) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find YFIII (YFIII) by using the provided drop-down box. Enter the volumen of YFIII (YFIII) you would wish to take off. Don't forget the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address. When you are satisfied, click “Submit”. You may be asked for verfication via phone/email before a withdrawal.