A Step-by-Step-Guide on how to buy Liquid Bank (LIQ)
Step 1 – Signup to Kraken In the beginning you'll need to purchase one of the top-tier coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click the button below for registration and receive Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto 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 identical. Liquid Bank (LIQ) is accessible on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this guide) Make sure you have chosen the precise coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so on. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Find Liquid Bank (LIQ) As soon as your deposit has been approved, you'll instantly have access to your assets and you can initiate buying and trading. To invest in Liquid Bank (LIQ) on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”. In order to find Liquid Bank (LIQ), you'll need to put the cointype (LIQ) into the search box, which is highlighted in the graphic. Make sure you have selected the right pairing, we've marked this too. Click on “LIQ/BTC” to progress.
Step 4 – Acquisition of Liquid Bank (LIQ) Once you've located Liquid Bank (LIQ), you'll be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). And now we're making our own Limit Order. The ”Price” field will be automatically filled with the most recent price Liquid Bank (LIQ) was traded for. You can change this to your desired rate. The field with the “Amount” tag is the amount of LIQ you like to purchase. The ”Total” field is the total price in BTC that you will pay for the complete amount of LIQ. When you're happy, make a mouse click on “Buy LIQ”. Your order will be filled as soon as a Vendor sells their LIQ for the price you gave.
Step 5 – Withdraw Liquid Bank (LIQ) Unless you're frequently trading, never keep your crypto coins on an Exchange for an extended period of time. To withdraw your Liquid Bank (LIQ), go to the ”Funds” tab and click on “Withdraw”. Liquid Bank (LIQ) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Liquid Bank (LIQ) by using the given drop-down box. Put into the amount of Liquid Bank (LIQ) you'd wish to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have filled your right withdraw address. If you are glad, click on “Submit”. You could be asked for verfication via email/phone ahead of a take off.