How to Buy LBK (LBK)

Step 1 – Join Kraken

You will first need to purchase units of the bigger coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below for registration and to get ETH (Ethereum) or BTC (Bitcoin).

Step 2 – Send Your Funds to an Cryptocurrency Exchange

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. LBK (LBK) is accessible on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to)

Make sure you've selected the correct coin you would like to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etc. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our how-to).

Step 3 – Find LBK (LBK)

Once your deposit has been affirmed, you will immediately have access to your assets and you can begin purchasing and trading. To purchase LBK (LBK) on Binance, you will want to hover over the ”Exchange” tab and after that mouse click on “Basic”.

To find LBK (LBK), you'll need to put the shortname of the coin (LBK) into the search-box, which is highlighted in the picture. Make sure you have choosen the proper grouping, we have highlighted this too. Click on “LBK/BTC” to go ahead.

Step 4 – Purchasing LBK (LBK)

After you have discovered LBK (LBK), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the picture). And now we're making our own Limit Order.

The ”Price” field will be automatically filled with the most up-to-date tariff LBK (LBK) was sold for. You can change this to your desired rate. The ”Amount” field is the volumen of LBK you wish to buy. The ”Total” field is the total price in BTC that you'll pay for the whole amount of LBK.

When you are satisfied, make a mouse click on “Buy LBK”. Your plan will be filled when a Seller trades their LBK for the price you gave.

Step 5 – Withdraw LBK (LBK)

Unless you are frequently trading, you should never keepyour crypto on an Crypto Exchange for an extended time frame. To take off your LBK (LBK), go to the tab called “Funds” and click on “Withdraw”. LBK (LBK) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find LBK (LBK) by using the given drop-down box. Drop in the amount of LBK (LBK) you would like to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your right withdraw address.

If you're satisfied, click on “Submit”. You could be asked for verfication via email/phone ahead of a withdrawal.