A Step-by-Step-Guide on how to buy Lendingblock (LND)
Step 1 – Signup to Coinbase and recieve 10$ for free You'll first need to purchase one of the major coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click below to register and to get your welcome $10.
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Lendingblock (LND) is available on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this how-to) Make sure you have chosen the right coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our manual).
Step 3 – Find Lendingblock (LND) As soon as your deposit has been confirmed, you will directly have access to your finances and you can initiate purchasing and trading. To invest in Lendingblock (LND) on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”. In order to find Lendingblock (LND), you will need to insert the short name of the asset (LND) into the search-box, which is highlighted in the picture. Make sure you have selected the proper grouping, we have highlighted this also. Click on “LND/BTC” to progress.
Step 4 – Acquisition of Lendingblock (LND) After you have located Lendingblock (LND), you'll be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). Next we're going to make our Limit Order. The ”Price” field will be filled automatically with the latest tariff Lendingblock (LND) was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of LND you want to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the complete amount of LND. If you're glad, make a mouse click on “Buy LND”. Your plan will be filled when a Seller trades their LND for the price you introduced.
Step 5 – Withdraw (LND) Lendingblock Unless you are trading, best advise is not to keep your crypto on an Crypto Trader for an extended time frame. To withdraw your (LND) Lendingblock, go to the tab called “Funds” and click on “Withdraw”. (LND) Lendingblock can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (LND) Lendingblock by using the given drop-down box. Drop in the quantity of (LND) Lendingblock you would like to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your right withdraw address. When you are glad, make a mouse click on “Submit”. You may be requested for phone/email verification before a take off.