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 ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Livepeer (LPT) is available on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this manual) Make sure you have selected the precise coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Find Livepeer (LPT) Once your deposit has been verified, you will now have access to your finances and you can start invest and trading. To invest in Livepeer (LPT) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”. To discover Livepeer (LPT), you'll need to insert the short name of the asset (LPT) into the search box, which is highlighted in the image. Make sure you have selected the proper pairing, we've marked this also. Click on “LPT/BTC” to proceed.
Step 4 – Purchasing Livepeer (LPT) After you have discovered Livepeer (LPT), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the picture). And now we are making our own Limit Order. The field with the “Price” tag will be filled automatically with the most recent price Livepeer (LPT) was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of LPT you like to purchase. The ”Total” field is the total price in BTC that you will settle for the complete quantity of LPT. If you are happy, click on “Buy LPT”. Your order will be filled when a Seller sells their LPT for the price you submitted.
Step 5 – Withdraw Livepeer (LPT) Unless you are frequently trading, best advise is not to keep your crypto on an Exchange for an longer period of time. In order to take off your Livepeer (LPT), hover over the tab called “Funds” and mouse click on “Withdraw”. Livepeer (LPT) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Livepeer (LPT) by using the given drop-down box. Enter the quantity of Livepeer (LPT) you would wish to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address. If you are glad, click on “Submit”. You could be requested for verfication via phone/email before a take off.