How to Buy Lisk (LSK)

A Step-by-Step-Guide on how to buy Lisk (LSK)

Step 1 – Signup to Coinbase – Get Free $10

You will first need to buy units of the major coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below to register and receive your welcome 10$.

Coinbase Free Bitcoin

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

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Lisk (LSK) 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 Crypto Trader? (Just follow this manual)

Make sure you have selected the right coin you wish to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our how-to).

Step 3 – Find Lisk (LSK)

As soon as your deposit has been verified, you'll directly have access to your finances and you can initiate invest and trading. To invest in Lisk (LSK) on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to discover Lisk (LSK), you'll need to put the cointype (LSK) into the search-box, which is marked in the image. Be certain of having selected the proper grouping, we've marked this too. Click on “LSK/BTC” to proceed.

Binance Hot To Buy Lisk (LSK)
Binance How to Buy (LSK) Lisk
Step 4 – Purchasing (LSK) Lisk

Once you have found (LSK) Lisk, you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're going to make our Limit Order.

The field with the “Price” tag will be filled with the most latest price (LSK) Lisk was sold for. This can be changed to your favoured rate. The ”Amount” field is the amount of LSK you want to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the whole amount of LSK.

If you are glad, make a mouse click on “Buy LSK”. Your order will be filled as soon as a Vender sells their LSK for the price you introduced.

Step 5 – Withdraw (LSK) Lisk

Unless you are trading, best advise is not to keep your crypto on an Exchange for an extended period of time. To withdraw your (LSK) Lisk, hover over the ”Funds” tab and mouse click on “Withdraw”. (LSK) Lisk can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (LSK) Lisk by using the provided drop-down box. Enter the quantity of (LSK) Lisk you'd like to withdraw. Don't forget the shown minimus/fees. Also make sure you have entered your precise withdraw address.

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

Binance Withdraw

Congratulations! You've successfully bought and stored (LSK) Lisk.

That's it!

Take offs from Crypto Trader can durate anywhere from 1 – 30 minutes (depending on usage of the network). Once you have confirmed your withdrawal with Ethplorer.io or Etherscan.io and the (LSK) Lisk is safe in your wallet, you're done.