A Step-by-Step-Guide on how to buy LHCoin (LHCOIN)
Step 1 – Join Kraken You'll first need to purchase units of the bigger coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below for registration and getting Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. LHCoin (LHCOIN) is accessible on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this manual) Make sure you have selected the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. If you're working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).
Step 3 – Find LHCoin (LHCOIN) As soon as your deposit has been affirmed, you will directly have access to your funds and you can begin purchasing and trading. To invest in LHCoin (LHCOIN) on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”. To find LHCoin (LHCOIN), you will need to insert the shortname of the coin (LHCOIN) into the search-box, which is highlighted in the image. Be certain of having selected the proper pairing, we have highlighted this too. Click on “LHCOIN/BTC” to go on.
Step 4 – Purchase LHCoin (LHCOIN) Once you have discovered LHCoin (LHCOIN), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). Next we are making our Limit Order. The ”Price” field will be filled automatically with the most recent rate LHCoin (LHCOIN) was traded for. This can be changed to your preferred rate. The ”Amount” field is the quantity of LHCOIN you like to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the whole quantity of LHCOIN. If you are happy, click on “Buy LHCOIN”. Your order will be filled as soon as a Vender sells their LHCOIN for the price you gave.
Step 5 – Withdraw LHCoin (LHCOIN) Unless you are regularly trading, never keep your crypto coins on an Crypto Trader for an extensive period of time. To take off your LHCoin (LHCOIN), go to the tab called “Funds” and click on “Withdraw”. LHCoin (LHCOIN) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate LHCoin (LHCOIN) by using the provided drop-down box. Enter the volumen of LHCoin (LHCOIN) you would like to take off. Take into account the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address. If you are satisfied, click “Submit”. You could be asked for verfication via phone/email ahead of a take off.