How to Buy Lobstex (LOBS)

A Step-by-Step-Guide on how to buy Lobstex (LOBS)

Step 1 – Join Coinbase and get 10$ for free

You'll first need to purchase one of the bigger currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click the button below for registration and receive your welcome 10 Dollar.

Coinbase Free Bitcoin

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

Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Lobstex (LOBS) is accessible on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this guide)

Make sure you've selected the exact coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. In the case you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Find Lobstex (LOBS)

As soon as your deposit has been verified, you'll now have access to your funds and you can start invest and trading. To purchase Lobstex (LOBS) on Binance, you'll want to hover over the ”Exchange” tab and after that click on “Basic”.

To find Lobstex (LOBS), you'll need to put the shortname of the coin (LOBS) into the search box, which is highlighted in the picture. Make sure you have selected the right pairing, we have highlighted this also. Click on “LOBS/BTC” to advance.

Binance Hot To Buy Lobstex (LOBS)
Binance How to Buy (LOBS) Lobstex
Step 4 – Purchase (LOBS) Lobstex

Once you've found (LOBS) Lobstex, you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). And now we are going to create our own Limit Order.

The field with the “Price” tag will be automatically filled with the up-to-date tariff (LOBS) Lobstex was sold for. This can be changed to your preferred price. The ”Amount” field is the quantity of LOBS you like to purchase. The ”Total” field is the total price in BTC that you'll pay for the whole quantity of LOBS.

If you're satisfied, make a mouse click on “Buy LOBS”. Your order will be filled as soon as a Seller sells their LOBS for the price you offered.

Step 5 – Withdraw (LOBS) Lobstex

Unless you are frequently trading, best advise is not to keep your coins on an Crypto Trader for an longer time frame. To take off your (LOBS) Lobstex, go to the tab called “Funds” and mouse click on “Withdraw”. (LOBS) Lobstex can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (LOBS) Lobstex by using the provided drop-down box. Enter the volumen of (LOBS) Lobstex you would like to take off. Take into account the shown minimus/fees. Also make sure you have filled your right withdraw address.

If you are glad, click on “Submit”. You may be asked for verfication via phone/email before a withdrawal.

Binance Withdraw

Kudos! You've successfully bought and stored (LOBS) Lobstex.

That's it!

Withdrawals from Crypto Trader can take between 1 – 30 minutes (rely on network usage). As soon as you've confirmed your withdrawal using Ethplorer.io or Etherscan.io and the (LOBS) Lobstex is stored inside your wallet, you're all done.