How to Buy YFValue (YFV)

A Step-by-Step-Guide on how to buy YFValue (YFV)

Step 1 – Join Kraken

You will first need to purchase units of the major currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below for registration and to get BTC (Bitcoin) or ETH (Ethereum).

Binance Signup
Step 2 – Send Your Funds to an Crypto Exchange

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. YFValue (YFV) is available on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow these easy steps)

Make sure you've chosen the correct coin you would like to deposit.

BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etcetera. If you are using a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).

Step 3 – Locate YFValue (YFV)

Once your deposit has been approved, you'll directly have access to your assets and you can begin purchasing and trading. To buy YFValue (YFV) on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to locate YFValue (YFV), you will need to insert the cointype (YFV) into the search-box, which is highlighted in the graphic. Make sure you have choosen the right pairing, we have highlighted this too. Click on “YFV/BTC” to continue.

Binance Hot To Buy YFValue (YFV)
Binance How to Buy (YFV) YFValue
Step 4 – Purchase YFValue (YFV)

Once you have located YFValue (YFV), you will be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). For now we're making our own Limit Order.

The field with the “Price” tag will be filled with the most recent valuation YFValue (YFV) was traded for. This can be changed to your desired price. The ”Amount” field is the volumen of YFV you want to buy. The field with the “Total” tag is the aggregated price in BTC that you'll settle for the complete amount of YFV.

When you're happy, make a mouse click on “Buy YFV”. Your plan will be filled as soon as a Vendor trades their YFV for the price you gave.

Step 5 – Withdraw YFValue (YFV)

Unless you're frequently trading, best advise is not to keep crypto coins on an Exchange for an extended time period. To withdraw your YFValue (YFV), go to the ”Funds” tab and click on “Withdraw”. YFValue (YFV) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find YFValue (YFV) by using the given drop-down box. Put into the amount of YFValue (YFV) you would like to take off. Don't forget the displayed fees/minimums. Also make sure you have filled your correct withdraw address.

If you're satisfied, make a mouse click on “Submit”. You may be asked for phone/email verification ahead of a withdrawal.

Binance Withdraw

Congratulations! You've successfully purchased and stored YFValue (YFV).

That's it!

Withdrawals from Crypto Exchange can durate between 1 – 30 minutes (rely on usage of the network). As soon as you've proved your withdrawal with Etherscan.io or Ethplorer.io and the (YFV) YFValue is safe within your wallet, you're finished.

Some other Guides on How to buy Coins

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How to Buy Coins
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