A Step-by-Step-Guide on how to buy Blocklancer (LNC)
Step 1 – Join Kraken In the beginning you'll need to buy units of the bigger currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below to register and receive Ethereum or Bitcoin.
Step 2 – Transmit Your Bitcoin or Ethereum to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Blocklancer (LNC) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Follow these easy steps) Make sure you have selected the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. If you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Locate Blocklancer (LNC) As soon as your deposit has been approved, you will now have access to your assets and you can launch buying and trading. To invest in Blocklancer (LNC) on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”. In order to find Blocklancer (LNC), you will need to put the cointype (LNC) into the search-box, which is marked in the picture. Be certain of having selected the proper pairing, we've marked this too. Click on “LNC/BTC” to proceed.
Step 4 – Purchase Blocklancer (LNC) As soon as you have located Blocklancer (LNC), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). Next we are making our own Limit Order. The ”Price” field will be filled with the latest price Blocklancer (LNC) was traded for. You can change this to your desired rate. The field with the “Amount” tag is the quantity of LNC you want to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the complete quantity of LNC. When you're glad, click on “Buy LNC”. Your order will be filled as soon as a Seller trades their LNC for the price you introduced.
Step 5 – Withdraw Blocklancer (LNC) Unless you're regularly trading, never keep your crypto on an Crypto Exchange for an longer period of time. In order to take off your Blocklancer (LNC), go to the tab called “Funds” and click on “Withdraw”. Blocklancer (LNC) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Blocklancer (LNC) by using the provided drop-down box. Enter the volumen of Blocklancer (LNC) you would wish to take off. Take into account the shown minimus/fees. Also make sure you have entered your right withdraw address. When you're glad, click “Submit”. You could be requested for phone/email verification before a take off.