A Step-by-Step-Guide on how to buy LGO Token (LGO)
Step 1 – Signup to Coinbase and recieve 10$ for free In the beginning you'll need to buy units of the top-tier coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below for registration and receive your welcome $10.
Step 2 – Send Your Bitcoin or Ethereum to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. LGO Token (LGO) is available on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to) Make sure you have chosen the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're working with a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).
Step 3 – Find LGO Token (LGO) Once your deposit has been verified, you will directly have access to your finances and you can initiate invest and trading. To purchase LGO Token (LGO) on Binance, you will want to go to the ”Exchange” tab and then click on “Basic”. In order to locate LGO Token (LGO), you will need to insert the shortname of the coin (LGO) into the search box, which is highlighted in the image. Make sure you have choosen the correct grouping, we've highlighted this also. Click on “LGO/BTC” to progress.
Step 4 – Acquisition of (LGO) LGO Token As soon as you have found (LGO) LGO Token, you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). For now we are making our own Limit Order. The ”Price” field will be filled automatically with the up-to-date valuation (LGO) LGO Token was sold for. This can be changed to your favoured rate. The ”Amount” field is the quantity of LGO you like to purchase. The ”Total” field is the aggregated price in BTC that you will settle for the whole quantity of LGO. If you are satisfied, make a mouse click on “Buy LGO”. Your order will be filled as soon as a Seller sells their LGO for the price you offered.
Step 5 – Withdraw (LGO) LGO Token Unless you're frequently trading, never keep your crypto on an Crypto Trader for an extensive time period. To withdraw your (LGO) LGO Token, hover over the tab called “Funds” and mouse click on “Withdraw”. (LGO) LGO Token can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (LGO) LGO Token by using the given drop-down box. Enter the quantity of (LGO) LGO Token you would like to withdraw. Don't forget the displayed fees/minimums. Also make sure you have entered your precise withdraw address. When you're happy, click “Submit”. You could be requested for verfication via phone/email before a take off.