How to Buy LNX Protocol (LNX)

A Step-by-Step-Guide on how to buy LNX Protocol (LNX)

Step 1 – Signup to Coinbase – Get Free $10

In the beginning you'll need to buy units of the bigger coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for alternative Coins. Click the button below for registration and receive your first 10 Dollar.

Coinbase Free Bitcoin

Binance Signup
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) 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. LNX Protocol (LNX) is available on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Follow this how-to)

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

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our manual).

Step 3 – Find (LNX) LNX Protocol

As soon as your deposit has been confirmed, you will immediately have access to your finances and you can commence invest and trading. To purchase (LNX) LNX Protocol on Binance, you will want to hover over the ”Exchange” tab and then mouse click on “Basic”.

To spot (LNX) LNX Protocol, you will need to put the short name of the asset (LNX) into the search-box, which is highlighted in the image. Make sure you have selected the correct pairing, we have highlighted this too. Click on “LNX/BTC” to go on.

Binance Hot To Buy LNX Protocol (LNX)
Binance How to Buy (LNX) LNX Protocol
Step 4 – Buy (LNX) LNX Protocol

After you have located (LNX) LNX Protocol, you'll be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we're going to make our Limit Order.

The ”Price” field will be filled automatically with the most recent rate (LNX) LNX Protocol was traded for. This can be changed to your preferred rate. The field with the “Amount” tag is the amount of LNX you like to purchase. The ”Total” field is the total price in Bitcoin that you will settle for the complete amount of LNX.

If you are satisfied, make a mouse click on “Buy LNX”. Your plan will be filled as soon as a Seller sells their LNX for the price you introduced.

Step 5 – Withdraw LNX Protocol (LNX)

Unless you are frequently trading, never keep your crypto on an Crypto Trader for an extended time period. To take off your LNX Protocol (LNX), hover over the ”Funds” tab and click on “Withdraw”. LNX Protocol (LNX) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate LNX Protocol (LNX) by using the provided drop-down box. Drop in the amount of LNX Protocol (LNX) you would like to take off. Don't forget the displayed minimus/fees. Also make sure you have entered your precise withdraw address.

If you are glad, click on “Submit”. You could be asked for email/phone verification before a take off.

Binance Withdraw

Congrats! You've successfully bought and stored (LNX) LNX Protocol.

That's it!

Withdrawals from Exchange can durate between 1 – 30 minutes (depending on network usage). As soon as you've proved your withdrawal with Etherscan.io or Ethplorer.io and the (LNX) LNX Protocol is safe within your wallet, you are finished.