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 Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. LanaCoin (LANA) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this guide) Make sure you've selected the right coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etc. In the case you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow these easy steps).
Step 3 – Locate LanaCoin (LANA) Once your deposit has been confirmed, you'll directly have access to your assets and you can start purchasing and trading. To invest in LanaCoin (LANA) on Binance, you will want to hover over the ”Exchange” tab and after that click on “Basic”. To locate LanaCoin (LANA), you'll need to put the short name of the asset (LANA) into the search box, which is marked in the graphic. Make sure you have choosen the right pairing, we've highlighted this too. Click on “LANA/BTC” to go on.
Step 4 – Purchase LanaCoin (LANA) As soon as you've spotted LanaCoin (LANA), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). And now we are going to create our own Limit Order. The ”Price” field will be automatically filled with the most up-to-date rate LanaCoin (LANA) was sold for. You can change this to your desired price. The ”Amount” field is the volumen of LANA you wish to purchase. The ”Total” field is the total price in BTC that you will pay for the whole quantity of LANA. If you're glad, make a mouse click on “Buy LANA”. Your plan will be filled as soon as a Vendor trades their LANA for the price you gave.
Step 5 – Withdraw LanaCoin (LANA) Unless you're regularly trading, never keep your coins on an Crypto Exchange for an extensive time frame. To take off your LanaCoin (LANA), hover over the tab called “Funds” and click on “Withdraw”. LanaCoin (LANA) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate LanaCoin (LANA) by using the given drop-down box. Enter the quantity of LanaCoin (LANA) you'd wish to take off. Don't forget the shown minimus/fees. Also make sure you have filled your precise withdraw address. When you're happy, click “Submit”. You could be requested for verfication via phone/email before a withdrawal.