How To Buy TeFood (TFD)
A Step-by-Step Guide
Step 1 -
Login/Register to Coinbase
You’ll first need to purchase one of the major currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below to register and receive your first $10.
Step 2 -
Send Your Funds To An Exchange
You’ll now need to send your Bitcoin (BTC) or Ethereum (ETH) over to an exchange. All exchanges have a similar deposit method. TeFood (TFD) is available on Kucoin, so we’ll use that as an example. Unsure about how to send funds from Coinbase? (Follow this guide)
Once you’ve registered/logged into Kucoin, head over to the “Assets” Tab and select “Deposit”. Make sure you’ve selected the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, etc. If you are dealing with a Decentralized Exchange such as IDEX, these steps may be different (Follow Our Guide)
Step 2 -
Send Your Funds To An Exchange
You’ll now need to send your Bitcoin (BTC) or Ethereum (ETH) over to an exchange. All exchanges have a similar deposit method. TeFood (TFD) is available on Kucoin, so we’ll use that as an example. Unsure about how to send funds from Coinbase? (Follow this guide)
Once you’ve registered/logged into Kucoin, head over to the “Assets” Tab and select “Deposit”. Make sure you’ve selected the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, etc. If you are dealing with a Decentralized Exchange such as IDEX, these steps may be different (Follow Our Guide)
Step 3 -
Locate TeFood (TFD)
Once your deposit has confirmed, you’ll now have access to your funds and you can begin purchasing/trading. To purchase TeFood (TFD) on Kucoin, you’ll want to move over to the “Markets” tab and click on the appropriate pairing. We’re using BTC to make a purchase, so click “BTC”.
To locate TeFood (TFD), you’ll need to type the coins “ticker” (TFD) into the search box highlighted in the picture we have provided. Make sure you have selected the correct pairing, we’ve highlighted this too. Click on “TFD/BTC” to proceed.
Step 4 -
Purchase TeFood (TFD)
Once you’ve located TeFood (TFD), you’ll be presented with a Price Chart (Left) and some Order Books (Right). For now, we’re going to create our own Limit Order (Bottom Right).
The “Price” field will be automatically filled with the most recent price TeFood (TFD) was sold for but this can be changed to your desired price. The “Amount” field is the amount of TFD you wish to purchase. The “Volume” field is the total price in BTC that you will pay for the whole amount.
When you’re happy, click “Buy”. Your order will be filled when a Seller sells their TFD for the price you submitted.
Step 4 -
Purchase TeFood (TFD)
Once you’ve located TeFood (TFD), you’ll be presented with a Price Chart (Left) and some Order Books (Right). For now, we’re going to create our own Limit Order (Bottom Right).
The “Price” field will be automatically filled with the most recent price TeFood (TFD) was sold for but this can be changed to your desired price. The “Amount” field is the amount of TFD you wish to purchase. The “Volume” field is the total price in BTC that you will pay for the whole amount.
When you’re happy, click “Buy”. Your order will be filled when a Seller sells their TFD for the price you submitted.
Step 5 -
Withdraw TeFood (TFD)
Unless you’re trading, never keep your coins on an exchange for an extended period of time. To withdraw your TeFood (TFD), move over to the “Assets” tab and click on “Withdrawal”. TeFood (TFD) can be safely stored using MyEtherWallet, so we’ll use that. (MyEtherWallet Setup Guide)
Locate TeFood (TFD) by using the drop-down box highlighted. Enter your wallet address and the amount of TFD you’d like to withdraw, taking into account the fees/minimums shown. make sure the withdraw address you have entered is yours and is correct.
When you’re happy, click “Confirm”. You may be asked for phone/email verification before a withdrawal can be processed.
Congratulations!
You've Successfully Purchased & Stored TeFood (TFD)
That’s it!
Withdrawals from Exchanges can take anywhere from 1-30 minutes depending on network usage. Once you’ve confirmed your withdrawal using Etherscan.io or Ethplorer.io and the TFD is safe inside your wallet, you’re all done.
