A Step-by-Step-Guide on how to buy LGO Token (LGO)
Step 1 – Signup to Kraken You'll first need to purchase units of the top-tier currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for alternative Coins. Click below for registration and receive BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your Ethereum or Bitcoin will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. LGO Token (LGO) is accessible on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this guide) Make sure you've selected the right coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etc. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow these easy steps).
Step 3 – Locate LGO Token (LGO) Once your deposit has been verified, you will directly have access to your assets and you can launch purchasing and trading. To purchase LGO Token (LGO) on Binance, you'll want to hover over the ”Exchange” tab and then click on “Basic”. To spot LGO Token (LGO), you will need to insert the shortname of the coin (LGO) into the search box, which is highlighted in the picture. Make sure you have selected the correct grouping, we have marked this too. Click on “LGO/BTC” to continue.
Step 4 – Buy LGO Token (LGO) Once you have found LGO Token (LGO), you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). And now we're going to create our own Limit Order. The ”Price” field will be automatically filled with the most latest valuation LGO Token (LGO) was sold for. You can change this to your preferred price. The field with the “Amount” tag is the quantity of LGO you wish to buy. The field with the “Total” tag is the aggregated price in BTC that you'll settle for the complete quantity of LGO. If you're happy, make a mouse click on “Buy LGO”. Your order will be filled as soon as a Vendor sells their LGO for the price you gave.
Step 5 – Withdraw LGO Token (LGO) Unless you're frequently trading, never keep your coins on an Crypto Exchange for an extended period of time. To withdraw your LGO Token (LGO), hover over the tab called “Funds” and mouse click on “Withdraw”. LGO Token (LGO) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find LGO Token (LGO) by using the given drop-down box. Put into the volumen of LGO Token (LGO) you'd wish to take off. Take into account the shown fees/minimums. Also make sure you have filled your correct withdraw address. When you're happy, click on “Submit”. You could be requested for email/phone verification before a take off.