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 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. LibraToken (LBA) is available on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to)

Make sure you've selected the correct coin you want to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, et cetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our how-to).

Step 3 – Locate LibraToken (LBA)

Once your deposit has been verified, you'll directly have access to your assets and you can start invest and trading. To purchase LibraToken (LBA) on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”.

To find LibraToken (LBA), you'll need to put the cointype (LBA) into the search box, which is marked in the graphic. Be certain of having selected the correct grouping, we have marked this also. Click on “LBA/BTC” to go ahead.

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

As soon as you have found LibraToken (LBA), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we are making our own Limit Order.

The field with the “Price” tag will be filled with the most recent rate LibraToken (LBA) was sold for. This can be changed to your preferred price. The ”Amount” field is the amount of LBA you want to purchase. The ”Total” field is the whole price in BTC that you will pay for the whole volumen of LBA.

If you are satisfied, click on “Buy LBA”. Your order will be filled as soon as a Vendor sells their LBA for the price you submitted.

Step 5 – Withdraw LibraToken (LBA)

Unless you are regularly trading, you should never keepyour crypto coins on an Exchange for an longer time frame. In order to withdraw your LibraToken (LBA), go to the tab called “Funds” and click on “Withdraw”. LibraToken (LBA) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find LibraToken (LBA) by using the given drop-down box. Drop in the volumen of LibraToken (LBA) you'd like to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address.

When you're happy, click on “Submit”. You may be requested for phone/email verification before a take off.

Binance Withdraw

Kudos! You have successfully bought and stored LibraToken (LBA).

That's it!

Take offs from Crypto Exchange can take between 1 – 30 minutes (depending on usage of the network). Once you have proved your take off using Ethplorer.io or Etherscan.io and the (LBA) LibraToken is safe inside your wallet, you're done.

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