A Step-by-Step-Guide on how to buy LanaCoin (LANA)
Step 1 – Signup to Kraken You'll first need to buy units of the top-tier coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below to register and receive Ethereum or Bitcoin.
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. LanaCoin (LANA) is accessible on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Follow these easy steps) Make sure you've chosen the correct coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you're using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).
Step 3 – Locate LanaCoin (LANA) Once your deposit has been confirmed, you'll instantly have access to your funds and you can launch invest and trading. To purchase LanaCoin (LANA) on Binance, you'll want to hover over the ”Exchange” tab and then click on “Basic”. To locate LanaCoin (LANA), you'll need to insert the short name of the asset (LANA) into the search-box, which is highlighted in the image. Be certain of having choosen the proper grouping, we have highlighted this also. Click on “LANA/BTC” to go on.
Step 4 – Buy LanaCoin (LANA) After you have located LanaCoin (LANA), you'll 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 field with the “Price” tag will be filled with the most latest tariff LanaCoin (LANA) was traded for. This can be changed to your favoured rate. The ”Amount” field is the volumen of LANA you like to purchase. The ”Total” field is the total price in Bitcoin that you will settle for the whole volumen of LANA. If you're happy, click on “Buy LANA”. Your order will be filled when a Seller trades their LANA for the price you offered.
Step 5 – Withdraw LanaCoin (LANA) Unless you are frequently trading, never keep your coins on an Crypto Trader for an extensive time frame. To withdraw your LanaCoin (LANA), hover over the ”Funds” tab and mouse click on “Withdraw”. LanaCoin (LANA) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate LanaCoin (LANA) by using the provided drop-down box. Put into the quantity of LanaCoin (LANA) you would like to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address. If you are satisfied, click on “Submit”. You may be requested for verfication via email/phone ahead of a withdrawal.