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 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your Bitcoin or Ethereum will need to be sent over to an Exchange now. Every exchange has a deposit form that is alike. LGCY Network (LGCY) is available on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this how-to) Make sure you've chosen the right coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, et cetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Find LGCY Network (LGCY) As soon as your deposit has been approved, you'll now have access to your assets and you can begin buying and trading. To invest in LGCY Network (LGCY) on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”. In order to spot LGCY Network (LGCY), you will need to put the shortname of the coin (LGCY) into the search-box, which is marked in the picture. Be certain of having choosen the right pairing, we've marked this also. Click on “LGCY/BTC” to progress.
Step 4 – Buy LGCY Network (LGCY) As soon as you've discovered LGCY Network (LGCY), you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we are going to create our own Limit Order. The field with the “Price” tag will be filled automatically with the most latest rate LGCY Network (LGCY) was traded for. This can be changed to your preferred rate. The field with the “Amount” tag is the volumen of LGCY you wish to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the complete volumen of LGCY. If you're glad, click on “Buy LGCY”. Your order will be filled as soon as a Vendor trades their LGCY for the price you submitted.
Step 5 – Withdraw LGCY Network (LGCY) Unless you are regularly trading, best advise is not to keep crypto on an Crypto Exchange for an longer period of time. To withdraw your LGCY Network (LGCY), hover over the ”Funds” tab and mouse click on “Withdraw”. LGCY Network (LGCY) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate LGCY Network (LGCY) by using the given drop-down box. Enter the amount of LGCY Network (LGCY) you'd like to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have entered your right withdraw address. When you're glad, click “Submit”. You could be asked for verfication via email/phone before a withdrawal.