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 Ethereum or Bitcoin to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. LGO Token (LGO) is accessible on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Follow this guide) Make sure you've chosen the right coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etcetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Find LGO Token (LGO) As soon as your deposit has been approved, you'll instantly have access to your finances and you can launch invest and trading. To purchase LGO Token (LGO) on Binance, you will want to hover over the ”Exchange” tab and then mouse click on “Basic”. To find LGO Token (LGO), you will need to put the cointype (LGO) into the search-box, which is highlighted in the graphic. Be certain of having selected the correct pairing, we have highlighted this also. Click on “LGO/BTC” to advance.
Step 4 – Purchasing LGO Token (LGO) Once you have found LGO Token (LGO), you'll be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). For now we're making our own Limit Order. The ”Price” field will be filled automatically with the most recent price LGO Token (LGO) was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of LGO you want to buy. The ”Total” field is the total price in BTC that you will pay for the complete amount of LGO. When you are happy, make a mouse click on “Buy LGO”. Your plan will be filled when a Vendor trades their LGO for the price you offered.
Step 5 – Withdraw LGO Token (LGO) Unless you're regularly trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an extended time period. In order to take off your LGO Token (LGO), go to the ”Funds” tab and mouse click on “Withdraw”. LGO Token (LGO) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find LGO Token (LGO) by using the given drop-down box. Put into the amount of LGO Token (LGO) you would wish to take off. Don't forget the shown minimus/fees. Also make sure you have entered your correct withdraw address. If you're glad, make a mouse click on “Submit”. You may be asked for email/phone verification ahead of a take off.