How to Buy Loki Network (LOKI)

A Step-by-Step-Guide on how to buy Loki Network (LOKI)

Step 1 – Signup to Kraken

You will first need to buy units of the bigger currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for Altcoins. Click the button below to register and getting Ethereum (ETH) or Bitcoin (BTC).

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

Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Loki Network (LOKI) is accessible on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this manual)

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

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

Step 3 – Find Loki Network (LOKI)

Once your deposit has been confirmed, you will instantly have access to your finances and you can start buying and trading. To buy Loki Network (LOKI) on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”.

In order to find Loki Network (LOKI), you'll need to insert the shortname of the coin (LOKI) into the search-box, which is marked in the image. Make sure you have choosen the right grouping, we've highlighted this too. Click on “LOKI/BTC” to proceed.

Binance Hot To Buy Loki Network (LOKI)
Binance How to Buy (LOKI) Loki Network
Step 4 – Purchase Loki Network (LOKI)

Once you have discovered Loki Network (LOKI), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). Next we are going to create our own Limit Order.

The ”Price” field will be automatically filled with the most latest price Loki Network (LOKI) was sold for. You can change this to your favoured rate. The ”Amount” field is the amount of LOKI you want to purchase. The ”Total” field is the total price in BTC that you will settle for the whole amount of LOKI.

If you're glad, make a mouse click on “Buy LOKI”. Your order will be filled when a Vendor trades their LOKI for the price you gave.

Step 5 – Withdraw Loki Network (LOKI)

Unless you're frequently trading, best advise is not to keep your crypto on an Exchange for an longer time frame. To withdraw your Loki Network (LOKI), go to the ”Funds” tab and click on “Withdraw”. Loki Network (LOKI) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Loki Network (LOKI) by using the given drop-down box. Put into the volumen of Loki Network (LOKI) you'd like to take off. Don't forget the displayed fees/minimums. Also make sure you have entered your correct withdraw address.

If you are satisfied, click on “Submit”. You could be requested for verfication via phone/email ahead of a withdrawal.

Binance Withdraw

Congratulations! You have successfully bought and safed Loki Network (LOKI).

That's it!

Take offs from Crypto Trader can durate between 1 – 30 minutes (rely on network usage). As soon as you have proved your withdrawal using Ethplorer.io or Etherscan.io and the (LOKI) Loki Network is stored in your wallet, you are all done.

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