A Step-by-Step-Guide on how to buy Lisk (LSK)
Step 1 – Signup to CEX.io In the beginning you'll need to purchase one of the bigger coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click the button below to register and getting Funds.
Step 2 – Transfer Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Lisk (LSK) is accessible on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow these easy steps) Make sure you have selected the precise coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our manual).
Step 3 – Find Lisk (LSK) Once your deposit has been approved, you will now have access to your funds and you can commence buying and trading. To buy Lisk (LSK) on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”. To find Lisk (LSK), you will need to put the shortname of the coin (LSK) into the search-box, which is highlighted in the picture. Be certain of having selected the correct pairing, we have highlighted this also. Click on “LSK/BTC” to proceed.
Step 4 – Acquisition of Lisk (LSK) As soon as you have discovered Lisk (LSK), you'll be given a Chart with Prices (in the Center of the image) and a few 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 up-to-date tariff Lisk (LSK) was sold for. This can be changed to your preferred price. The ”Amount” field is the amount of LSK you wish to buy. The ”Total” field is the aggregated price in BTC that you'll settle for the whole amount of LSK. When you're glad, make a mouse click on “Buy LSK”. Your plan will be filled when a Vendor sells their LSK for the price you submitted.
Step 5 – Withdraw Lisk (LSK) Unless you are trading, never keep your crypto on an Cryptocurrency Exchange for an longer time period. To withdraw your Lisk (LSK), hover over the ”Funds” tab and mouse click on “Withdraw”. Lisk (LSK) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Lisk (LSK) by using the provided drop-down box. Enter the volumen of Lisk (LSK) you'd like to withdraw. Take into account the shown minimus/fees. Also make sure you have entered your correct withdraw address. When you are glad, click on “Submit”. You may be requested for verfication via phone/email before a withdrawal.