A Step-by-Step-Guide on how to buy Lamden (TAU)
Step 1 – Signup to Kraken You will first need to buy one of the major currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below for registration and receive Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your Funds to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Lamden (TAU) is available on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow these easy steps) Make sure you have selected the right coin you want to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. If you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our manual).
Step 3 – Locate Lamden (TAU) As soon as your deposit has been approved, you'll directly have access to your assets and you can begin buying and trading. To buy Lamden (TAU) on Binance, you'll want to hover over the ”Exchange” tab and after that click on “Basic”. In order to spot Lamden (TAU), you'll need to put the short name of the asset (TAU) into the search-box, which is marked in the graphic. Make sure you have choosen the proper pairing, we've marked this also. Click on “TAU/BTC” to go ahead.
Step 4 – Purchase Lamden (TAU) Once you've discovered Lamden (TAU), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). And now we are creating our own Limit Order. The ”Price” field will be filled automatically with the most recent rate Lamden (TAU) was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the amount of TAU you want to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the complete volumen of TAU. When you are happy, make a mouse click on “Buy TAU”. Your order will be filled when a Seller sells their TAU for the price you gave.
Step 5 – Withdraw Lamden (TAU) Unless you're regularly trading, best advise is not to keep your crypto on an Exchange for an extended time period. To withdraw your Lamden (TAU), hover over the ”Funds” tab and mouse click on “Withdraw”. Lamden (TAU) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Lamden (TAU) by using the provided drop-down box. Drop in the quantity of Lamden (TAU) you'd wish to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your correct withdraw address. If you are happy, make a mouse click on “Submit”. You could be requested for verfication via phone/email before a withdrawal.
Congratulations! You have successfully bought and stored Lamden (TAU).That's it! Withdrawals from Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). Once you've proved your take off with Etherscan.io or Ethplorer.io and the (TAU) Lamden is stored inside your wallet, you are done.
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