How to Buy Banklife (LIB)

Step 1 – Join Kraken

You'll first need to purchase units of the top-tier coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Click below to register and to get Funds.

Step 2 – Send Your Ethereum or Bitcoin to an Crypto Trader

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Banklife (LIB) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Just follow these easy steps)

Make sure you have chosen the correct coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etc. In the case you're using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our how-to).

Step 3 – Locate Banklife (LIB)

Once your deposit has been affirmed, you will now have access to your funds and you can start invest and trading. To buy Banklife (LIB) on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”.

To locate Banklife (LIB), you will need to insert the short name of the asset (LIB) into the search box, which is marked in the image. Make sure you have choosen the right grouping, we've marked this also. Click on “LIB/BTC” to go on.

Step 4 – Acquisition of Banklife (LIB)

As soon as you have located Banklife (LIB), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). For now we are going to create our own Limit Order.

The field with the “Price” tag will be automatically filled with the most recent valuation Banklife (LIB) was traded for. You can change this to your favoured price. The ”Amount” field is the quantity of LIB you want to buy. The ”Total” field is the aggregated price in Bitcoin that you will pay for the complete volumen of LIB.

When you are satisfied, click on “Buy LIB”. Your order will be filled when a Vendor sells their LIB for the price you offered.

Step 5 – Withdraw Banklife (LIB)

Unless you are frequently trading, you should never keepyour coins on an Exchange for an extensive time period. In order to withdraw your Banklife (LIB), go to the ”Funds” tab and click on “Withdraw”. Banklife (LIB) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Banklife (LIB) by using the provided drop-down box. Drop in the quantity of Banklife (LIB) you'd like to take off. Take into account the presented fees/minimums. Also make sure you have filled your precise withdraw address.

If you're satisfied, click on “Submit”. You could be requested for verfication via email/phone before a withdrawal.