How to Buy LibraToken (LBA)

A Step-by-Step-Guide on how to buy LibraToken (LBA)

Step 1 – Signup to Kraken

You'll first need to purchase one of the top-tier currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below for registration and receive Bitcoin or Ethereum.

Binance Signup
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange

Your Bitcoin or Ethereum has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. LibraToken (LBA) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow these easy steps)

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

Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so on. If you are using a decentralized exchange, like Airswap or DDEX could be different (Just follow our guide).

Step 3 – Find LibraToken (LBA)

Once your deposit has been verified, you'll directly have access to your assets and you can launch purchasing and trading. To invest in LibraToken (LBA) on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”.

In order to locate LibraToken (LBA), you'll need to insert the shortname of the coin (LBA) into the search-box, which is marked in the image. Be certain of having choosen the right pairing, we have marked this also. Click on “LBA/BTC” to progress.

Binance Hot To Buy LibraToken (LBA)
Binance How to Buy (LBA) LibraToken
Step 4 – Purchase LibraToken (LBA)

After you've found LibraToken (LBA), you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside 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 up-to-date rate LibraToken (LBA) was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of LBA you like to buy. The ”Total” field is the aggregated price in Bitcoin that you will settle for the whole volumen of LBA.

If you are glad, click on “Buy LBA”. Your order will be filled when a Seller sells their LBA for the price you gave.

Step 5 – Withdraw LibraToken (LBA)

Unless you're regularly trading, never keep your crypto on an Exchange for an longer time frame. To withdraw your LibraToken (LBA), hover over the ”Funds” tab and click on “Withdraw”. LibraToken (LBA) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find LibraToken (LBA) by using the provided drop-down box. Drop in the volumen of LibraToken (LBA) you'd wish to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your right withdraw address.

When you're satisfied, click on “Submit”. You could be requested for email/phone verification before a withdrawal.

Binance Withdraw

Congratulations! You have successfully purchased and stored LibraToken (LBA).

That's it!

Take offs from Crypto Exchange can take between 1 – 30 minutes (rely on usage of the network). As soon as you've proved your withdrawal using Ethplorer.io or Etherscan.io and the (LBA) LibraToken is stored in your wallet, you are all done.

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