How to Buy LAPO Utility Token (LAX)

A Step-by-Step-Guide on how to buy LAPO Utility Token (LAX)

Step 1 – Join CEX.io

You will first need to purchase units of the bigger coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for Altcoins. Click the button below to register and receive Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
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 alike. LAPO Utility Token (LAX) is accessible on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Follow this guide)

Make sure you have chosen the exact coin you want to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. In the case you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our how-to).

Step 3 – Locate LAPO Utility Token (LAX)

As soon as your deposit has been affirmed, you'll now have access to your funds and you can start purchasing and trading. To purchase LAPO Utility Token (LAX) on Binance, you'll want to go to the tab which is called “Exchange” and mouse click on “Basic”.

In order to locate LAPO Utility Token (LAX), you'll need to put the cointype (LAX) into the search-box, which is highlighted in the image. Be certain of having choosen the right grouping, we've highlighted this too. Click on “LAX/BTC” to go on.

Binance Hot To Buy LAPO Utility Token (LAX)
Binance How to Buy (LAX) LAPO Utility Token
Step 4 – Acquisition of (LAX) LAPO Utility Token

Once you have found (LAX) LAPO Utility Token, you will be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). And now we're going to create our own Limit Order.

The ”Price” field will be automatically filled with the most latest rate (LAX) LAPO Utility Token was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the quantity of LAX you wish to buy. The ”Total” field is the total price in Bitcoin that you will settle for the complete quantity of LAX.

If you're satisfied, click on “Buy LAX”. Your order will be filled when a Seller trades their LAX for the price you offered.

Step 5 – Withdraw (LAX) LAPO Utility Token

Unless you're regularly trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an extensive period of time. To take off your (LAX) LAPO Utility Token, hover over the tab called “Funds” and mouse click on “Withdraw”. (LAX) LAPO Utility Token can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find (LAX) LAPO Utility Token by using the given drop-down box. Drop in the volumen of (LAX) LAPO Utility Token you'd wish to take off. Don't forget the displayed fees/minimums. Also make sure you have filled your right withdraw address.

When you're satisfied, click “Submit”. You could be asked for phone/email verification before a withdrawal.

Binance Withdraw

Congrats! You've successfully bought and safed LAPO Utility Token (LAX).

That's it!

Withdrawals from Cryptocurrency Exchange can durate between 1 – 30 minutes (rely on usage of the network). As soon as you have proved your withdrawal using Ethplorer.io or Etherscan.io and the LAPO Utility Token (LAX) is stored in your wallet, you are finished.