How to Buy LGO Token (LGO)

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).

Binance Signup
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. LGO Token (LGO) is available on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide)

Make sure you've chosen the correct coin you want to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, et cetera. If you're using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).

Step 3 – Locate LGO Token (LGO)

As soon as your deposit has been confirmed, you'll instantly have access to your funds and you can begin invest and trading. To buy LGO Token (LGO) on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”.

To discover LGO Token (LGO), you'll need to insert the cointype (LGO) into the search-box, which is highlighted in the image. Make sure you have choosen the proper pairing, we've highlighted this also. Click on “LGO/BTC” to go on.

Binance Hot To Buy LGO Token (LGO)
Binance How to Buy (LGO) LGO Token
Step 4 – Buying LGO Token (LGO)

As soon as you have discovered LGO Token (LGO), you will be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the picture). For now we're creating our own Limit Order.

The ”Price” field will be filled with the most latest price LGO Token (LGO) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the quantity of LGO you wish to purchase. The field with the “Total” tag is the total price in BTC that you'll pay for the whole volumen of LGO.

When you're glad, click on “Buy LGO”. Your plan will be filled when a Vender sells their LGO for the price you gave.

Step 5 – Withdraw LGO Token (LGO)

Unless you're frequently trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an extended period of time. To take off your LGO Token (LGO), go to the ”Funds” tab and click on “Withdraw”. LGO Token (LGO) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find LGO Token (LGO) by using the provided drop-down box. Enter the quantity of LGO Token (LGO) you would wish to withdraw. Don't forget the displayed fees/minimums. Also make sure you have filled your correct withdraw address.

When you are happy, click “Submit”. You could be requested for phone/email verification before a take off.

Binance Withdraw

Congratulations! You've successfully bought and safed LGO Token (LGO).

That's it!

Withdrawals from Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you have confirmed your take off using Etherscan.io or Ethplorer.io and the (LGO) LGO Token is stored inside your wallet, you are all done.

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