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).
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. YFValue (YFV) is available on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this guide) Make sure you've selected the right coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our manual).
Step 3 – Locate YFValue (YFV) Once your deposit has been confirmed, you'll instantly have access to your assets and you can start buying and trading. To purchase YFValue (YFV) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”. In order to spot YFValue (YFV), you will need to put the short name of the asset (YFV) into the search box, which is highlighted in the image. Make sure you have selected the right grouping, we have marked this also. Click on “YFV/BTC” to progress.
Step 4 – Buying YFValue (YFV) As soon as you've located YFValue (YFV), you will be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). Next we're going to create our own Limit Order. The field with the “Price” tag will be automatically filled with the most recent price YFValue (YFV) was traded for. You can change this to your preferred rate. The ”Amount” field is the amount of YFV you wish to purchase. The ”Total” field is the total price in Bitcoin that you will settle for the whole quantity of YFV. When you are satisfied, make a mouse click on “Buy YFV”. Your order will be filled when a Seller sells their YFV for the price you submitted.
Step 5 – Withdraw YFValue (YFV) Unless you are regularly trading, you should never keepyour crypto on an Exchange for an extended time period. To take off your YFValue (YFV), hover over the tab called “Funds” and click on “Withdraw”. YFValue (YFV) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find YFValue (YFV) by using the provided drop-down box. Drop in the amount of YFValue (YFV) you'd wish to withdraw. Take into account the shown minimus/fees. Also make sure you have entered your right withdraw address. When you're satisfied, make a mouse click on “Submit”. You may be asked for verfication via email/phone before a take off.