A Step-by-Step-Guide on how to buy LinkCoin Token (LKN)
Step 1 – Signup to Kraken In the beginning you'll need to buy one of the top-tier currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below to register and getting Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your Ethereum or Bitcoin to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. LinkCoin Token (LKN) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow these easy steps) Make sure you have selected the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our manual).
Step 3 – Find LinkCoin Token (LKN) Once your deposit has been approved, you'll now have access to your assets and you can commence purchasing and trading. To purchase LinkCoin Token (LKN) on Binance, you'll want to hover over the ”Exchange” tab and then mouse click on “Basic”. In order to locate LinkCoin Token (LKN), you'll need to insert the short name of the asset (LKN) into the search-box, which is highlighted in the picture. Make sure you have selected the right grouping, we've highlighted this also. Click on “LKN/BTC” to continue.
Step 4 – Acquisition of LinkCoin Token (LKN) As soon as you've located LinkCoin Token (LKN), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we are going to create our own Limit Order. The field with the “Price” tag will be filled with the latest rate LinkCoin Token (LKN) was traded for. This can be changed to your desired rate. The ”Amount” field is the quantity of LKN you wish to purchase. The field with the “Total” tag is the total price in BTC that you'll settle for the complete quantity of LKN. If you are satisfied, click on “Buy LKN”. Your plan will be filled as soon as a Seller sells their LKN for the price you submitted.
Step 5 – Withdraw LinkCoin Token (LKN) Unless you're frequently trading, you should never keepyour crypto on an Crypto Exchange for an longer time period. In order to take off your LinkCoin Token (LKN), go to the ”Funds” tab and click on “Withdraw”. LinkCoin Token (LKN) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find LinkCoin Token (LKN) by using the given drop-down box. Drop in the volumen of LinkCoin Token (LKN) you would wish to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your right withdraw address. When you're happy, click on “Submit”. You could be requested for email/phone verification before a take off.