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 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Lamden (TAU) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this manual) Make sure you've selected the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Find Lamden (TAU) Once your deposit has been approved, you'll instantly have access to your assets and you can commence buying and trading. To buy Lamden (TAU) on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”. To discover Lamden (TAU), you will need to put the short name of the asset (TAU) into the search box, which is highlighted in the graphic. Make sure you have choosen the right grouping, we have highlighted this also. Click on “TAU/BTC” to continue.
Step 4 – Acquisition of Lamden (TAU) After you have located Lamden (TAU), you'll be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). For now we are going to make our own Limit Order. The ”Price” field will be filled with the most latest price Lamden (TAU) was traded for. This can be changed to your preferred rate. The ”Amount” field is the quantity of TAU you wish to buy. The ”Total” field is the aggregated price in BTC that you will settle for the whole volumen of TAU. If you are satisfied, make a mouse click on “Buy TAU”. Your order will be filled when a Seller sells their TAU for the price you introduced.
Step 5 – Withdraw Lamden (TAU) Unless you are regularly trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an extended period of time. To withdraw your Lamden (TAU), hover over the ”Funds” tab and mouse click on “Withdraw”. Lamden (TAU) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Lamden (TAU) by using the given drop-down box. Put into the amount of Lamden (TAU) you'd like to take off. Don't forget the presented fees/minimums. Also make sure you have filled your correct withdraw address. If you are glad, click on “Submit”. You could be asked for email/phone verification before a take off.