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 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. LGO Token (LGO) is available on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow these easy steps)

Make sure you have selected the right coin you wish to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our manual).

Step 3 – Find LGO Token (LGO)

As soon as your deposit has been confirmed, you will immediately have access to your assets and you can start invest and trading. To purchase LGO Token (LGO) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”.

In order to discover LGO Token (LGO), you will need to insert the short name of the asset (LGO) into the search box, which is highlighted in the graphic. Make sure you have selected the proper pairing, we have highlighted this too. Click on “LGO/BTC” to progress.

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

Once you've located LGO Token (LGO), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we're going to make our Limit Order.

The field with the “Price” tag will be filled with the latest rate LGO Token (LGO) was sold for. You can change this to your desired rate. The ”Amount” field is the amount of LGO you like to purchase. The field with the “Total” tag is the total price in BTC that you'll settle for the whole amount of LGO.

When you're satisfied, click on “Buy LGO”. Your order will be filled when a Vender trades their LGO for the price you introduced.

Step 5 – Withdraw LGO Token (LGO)

Unless you are frequently trading, best advise is not to keep coins on an Cryptocurrency Exchange for an extensive period of time. To take off your LGO Token (LGO), hover over the tab called “Funds” and click on “Withdraw”. LGO Token (LGO) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

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

If you are glad, make a mouse click on “Submit”. You may be requested for verfication via email/phone before a withdrawal.

Binance Withdraw

Congrats! You have successfully purchased and stored LGO Token (LGO).

That's it!

Take offs from Crypto Exchange can durate between 1 – 30 minutes (rely on usage of the network). As soon as you've confirmed your take off using Ethplorer.io or Etherscan.io and the (LGO) LGO Token is safe within your wallet, you're done.