A Step-by-Step-Guide on how to buy Linker Coin (LNC)
Step 1 –
Join Kraken
You'll first need to buy one of the major currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for Altcoins. Click below for registration and to get ETH (Ethereum) or BTC (Bitcoin).
Step 2 –
Transfer Your Funds to an Cryptocurrency Exchange
Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Linker Coin (LNC) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to)
Make sure you have chosen the exact coin you wish to deposit.
BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow these easy steps).
Step 3 –
Locate Linker Coin (LNC)
Once your deposit has been verified, you will immediately have access to your funds and you can start purchasing and trading. To invest in Linker Coin (LNC) on Binance, you'll want to go to the ”Exchange” tab and then mouse click on “Basic”.
In order to locate Linker Coin (LNC), you'll need to put the short name of the asset (LNC) into the search box, which is highlighted in the picture. Be certain of having selected the correct pairing, we have highlighted this too. Click on “LNC/BTC” to progress.
Step 4 –
Buying Linker Coin (LNC)
Once you have discovered Linker Coin (LNC), you will be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). Next we're going to create our own Limit Order.
The field with the “Price” tag will be filled automatically with the most recent rate Linker Coin (LNC) was traded for. This can be changed to your preferred rate. The ”Amount” field is the volumen of LNC you want to buy. The field with the “Total” tag is the total price in Bitcoin that you will pay for the whole amount of LNC.
If you're happy, click on “Buy LNC”. Your order will be filled as soon as a Vender trades their LNC for the price you offered.
Step 5 –
Withdraw Linker Coin (LNC)
Unless you're regularly trading, never keep your crypto coins on an Crypto Trader for an longer period of time. To take off your Linker Coin (LNC), hover over the ”Funds” tab and click on “Withdraw”. Linker Coin (LNC) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)
Locate Linker Coin (LNC) by using the provided drop-down box. Drop in the amount of Linker Coin (LNC) you would wish to withdraw. Take into account the shown minimus/fees. Also make sure you have entered your precise withdraw address.
If you are satisfied, make a mouse click on “Submit”. You could be asked for phone/email verification ahead of a withdrawal.