KuCoin UAE, How to Buy Crypto DFI (Cake DeFi)

Buying and Funding Cake DeFi Account with KuCoin

KuCoin offers wide range of cryptocurrencies to buy and sell. KuCoin offers DFI tokens for Cake DeFi or DeFiChain, if you are looking for other option to fund your account, here’s step by step guide.

Buying Crypto in KuCoin UAE

1. Once you logged in to your KuCoin account, go to Buy Crypto dropdown option.

2. If you are based in UAE, we can either use P2P or Third-Party but in this example we will be using Third-Party option.

3. Payment form
1. Input the amount you want to buy and select in what currency
2. Select the crypto to want to buy (since we will be funding Cake DeFi or ChainDeFi, we can buy BTC or USDT and trade it later on for DFI token)
3. Choose which payment method you want to use
4. This is price quotation, KuCoin will recommend which has better rate (at this moment Banxa has better rate than Simplex)
5. Read the details and check the disclaimer box and click continue

3. For Banxa, you are required to take selfie holding your ID (any government issued ID for verification)

5. Next step, answer the question, select the your answer on the dropdown text, confirm and click continue.

We have selected the Visa or Mastercard option, input you card details. Be sure to input the same details of the card with the ID you send earlier to avoid rejected during verification.
1. Card number
2. Cardholder’s Name
3. Expiry date and Security Code
4. Billing Address
5. Click Make Payment

Input your One Time Password

Payment Successful notice

During the process, you will also receive email notifications.

Check how much your earn passive income on Cake DeFi, click here.

Buying DFI through KuCoin

Once you received Banxa and KuCoin deposit notification. You can login to KuCoin to buy DFI tokens.
Click Spot Trading to open trading window

1. Input your passcode if you have set one
2. Click transfer to transfer your funds from you Main Account to your Trading Account

1. Make the Direction is Main Account to Trading Account
2. Select the asset you want to transfer
3. Enter the amount you want to transfer
4. Check all the details and confirm

In trading window search DFI
*Please not that DFI can only be traded using BTC or USDT (Hence there are 2 options DFI/USDT and DFI/BTC

Select “Market” to buy DFI at current price

1. Enter the amount you want to buy
2. Click Buy DFI to confirm

Transfer DFI from KuCoin to Cake DeFi or DeFiChain Wallet

Go back your Main Account

1. Search DFI
2. Select withdraw

In the withdraw form
1. Main Account showing 0 DFI (the DFI asset is in Trading Account)
2. To transfer DFI assets to Main Account – click transfer

In the transfer form, enter the amount then confirm

Once DFI assets transferred from Trading Account to Main Account you can now
1. Enter the Cake DeFi or DeFiChain wallet address you want to transfer to
2. Be sure the network is DFI else the DFI will be loss
3. Enter the amount
4. Confirm the transfer

Transfer will take minutes to hours, be sure to check your email for confirmation.

Signup and get $30 worth of DFI, click here.
See how much will you earn in Cake DeFi, click here.