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.

Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. LibraToken (LBA) is available on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this how-to)

Make sure you have selected the correct coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, et cetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our guide).

Step 3 – Locate LibraToken (LBA)

As soon as your deposit has been verified, you will instantly have access to your funds and you can initiate invest and trading. To purchase LibraToken (LBA) on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to locate LibraToken (LBA), you'll need to put the shortname of the coin (LBA) into the search box, which is highlighted in the graphic. Make sure you have selected the correct grouping, we've highlighted this too. Click on “LBA/BTC” to proceed.

Step 4 – Buy LibraToken (LBA)

Once you have located LibraToken (LBA), you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). For now we're going to create our own Limit Order.

The ”Price” field will be automatically filled with the most latest rate LibraToken (LBA) was sold for. This can be changed to your desired price. The field with the “Amount” tag is the quantity of LBA you like to purchase. The field with the “Total” tag is the total price in Bitcoin that you will settle for the whole amount of LBA.

If you're glad, click on “Buy LBA”. Your plan will be filled as soon as a Seller trades their LBA for the price you offered.

Step 5 – Withdraw LibraToken (LBA)

Unless you're frequently trading, best advise is not to keep your crypto on an Crypto 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, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate LibraToken (LBA) by using the provided drop-down box. Drop in the volumen of LibraToken (LBA) you would wish to take off. Take into account the shown fees/minimums. Also make sure you have entered your correct withdraw address.

When you are satisfied, make a mouse click on “Submit”. You may be asked for phone/email verification before a take off.