How to Buy Ynef Coin (YNEF)

A Step-by-Step-Guide on how to buy Ynef Coin (YNEF)

Step 1 – Signup to Kraken

In the beginning you'll need to buy units of the bigger currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for Altcoins. Click below for registration and receive Bitcoin or Ethereum.

Binance Signup
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader

Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Ynef Coin (YNEF) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Follow this guide)

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

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow these easy steps).

Step 3 – Find Ynef Coin (YNEF)

As soon as your deposit has been approved, you will instantly have access to your finances and you can start buying and trading. To buy Ynef Coin (YNEF) on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”.

In order to discover Ynef Coin (YNEF), you will need to insert the short name of the asset (YNEF) into the search box, which is highlighted in the picture. Be certain of having selected the correct grouping, we've marked this also. Click on “YNEF/BTC” to proceed.

Binance Hot To Buy Ynef Coin (YNEF)
Binance How to Buy (YNEF) Ynef Coin
Step 4 – Acquisition of Ynef Coin (YNEF)

Once you've located Ynef Coin (YNEF), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). For now we are going to create our own Limit Order.

The ”Price” field will be filled with the most recent tariff Ynef Coin (YNEF) was traded for. This can be changed to your favoured rate. The ”Amount” field is the quantity of YNEF you like to purchase. The ”Total” field is the total price in BTC that you will pay for the whole volumen of YNEF.

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

Step 5 – Withdraw Ynef Coin (YNEF)

Unless you're frequently trading, best advise is not to keep your crypto coins on an Crypto Exchange for an longer time frame. In order to withdraw your Ynef Coin (YNEF), go to the ”Funds” tab and mouse click on “Withdraw”. Ynef Coin (YNEF) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Ynef Coin (YNEF) by using the provided drop-down box. Drop in the amount of Ynef Coin (YNEF) you'd like to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your precise withdraw address.

When you're happy, make a mouse click on “Submit”. You could be requested for email/phone verification ahead of a withdrawal.

Binance Withdraw

Congrats! You have successfully bought and safed Ynef Coin (YNEF).

That's it!

Take offs from Cryptocurrency Exchange can durate between 1 – 30 minutes (rely on network usage). Once you've confirmed your withdrawal using Etherscan.io or Ethplorer.io and the (YNEF) Ynef Coin is safe within your wallet, you're done.

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