A Step-by-Step-Guide on how to buy LGCY Network (LGCY)
Step 1 – Signup to Kraken In the beginning you'll need to purchase one of the bigger currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click below for registration and to get Ethereum or Bitcoin.
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. LGCY Network (LGCY) is available on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Follow this how-to) Make sure you've chosen the correct coin you want to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etcetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our how-to).
Step 3 – Locate LGCY Network (LGCY) Once your deposit has been confirmed, you'll directly have access to your funds and you can begin invest and trading. To purchase LGCY Network (LGCY) on Binance, you will want to hover over the ”Exchange” tab and then mouse click on “Basic”. In order to discover LGCY Network (LGCY), you will need to put the short name of the asset (LGCY) into the search box, which is highlighted in the graphic. Make sure you have selected the correct grouping, we have marked this also. Click on “LGCY/BTC” to proceed.
Step 4 – Purchasing LGCY Network (LGCY) Once you have spotted LGCY Network (LGCY), you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the picture). Next we are making our own Limit Order. The ”Price” field will be filled automatically with the most latest tariff LGCY Network (LGCY) was sold for. You can change this to your preferred price. The field with the “Amount” tag is the amount of LGCY you want to buy. The ”Total” field is the total price in BTC that you'll settle for the complete volumen of LGCY. When you're glad, click on “Buy LGCY”. Your order will be filled when a Vender trades their LGCY for the price you gave.
Step 5 – Withdraw LGCY Network (LGCY) Unless you're frequently trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an extended period of time. To take off your LGCY Network (LGCY), go to the ”Funds” tab and click on “Withdraw”. LGCY Network (LGCY) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate LGCY Network (LGCY) by using the given drop-down box. Drop in the amount of LGCY Network (LGCY) you would wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have filled your right withdraw address. When you're satisfied, click on “Submit”. You could be requested for verfication via email/phone ahead of a take off.