A Step-by-Step-Guide on how to buy Livepeer (LPT)
Step 1 – Signup to Kraken In the beginning you'll need to purchase units of the major coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click below to register and to get Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit 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 identical. Livepeer (LPT) 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? (Just follow this guide) Make sure you've selected the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our manual).
Step 3 – Locate Livepeer (LPT) As soon as your deposit has been confirmed, you will directly have access to your funds and you can start purchasing and trading. To invest in Livepeer (LPT) on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”. To discover Livepeer (LPT), you will need to put the shortname of the coin (LPT) into the search-box, which is marked in the image. Be certain of having choosen the correct grouping, we have marked this also. Click on “LPT/BTC” to go ahead.
Step 4 – Acquisition of Livepeer (LPT) As soon as you have found Livepeer (LPT), you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). And now we're making our Limit Order. The ”Price” field will be automatically filled with the most up-to-date price Livepeer (LPT) was sold for. This can be changed to your desired rate. The ”Amount” field is the amount of LPT you wish to purchase. The field with the “Total” tag is the whole price in BTC that you'll pay for the complete amount of LPT. When you're happy, make a mouse click on “Buy LPT”. Your order will be filled as soon as a Vendor sells their LPT for the price you introduced.
Step 5 – Withdraw Livepeer (LPT) Unless you're regularly trading, you should never keepyour coins on an Crypto Exchange for an longer time frame. To withdraw your Livepeer (LPT), go to the ”Funds” tab and click on “Withdraw”. Livepeer (LPT) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Livepeer (LPT) by using the given drop-down box. Put into the amount of Livepeer (LPT) you'd like to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address. If you're glad, click “Submit”. You could be asked for phone/email verification before a take off.