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).
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Loki Network (LOKI) is available on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this manual) Make sure you have chosen the exact coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etcetera. If you are using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our how-to).
Step 3 – Locate Loki Network (LOKI) Once your deposit has been affirmed, you'll instantly have access to your funds and you can commence buying and trading. To buy Loki Network (LOKI) on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”. In order to locate Loki Network (LOKI), you'll need to insert the cointype (LOKI) into the search box, which is marked in the picture. Be certain of having selected the right grouping, we've highlighted this too. Click on “LOKI/BTC” to advance.
Step 4 – Buying Loki Network (LOKI) After you have found Loki Network (LOKI), you'll be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). And now we are making our own Limit Order. The ”Price” field will be filled automatically with the most recent tariff Loki Network (LOKI) was traded for. You can change this to your preferred price. The field with the “Amount” tag is the quantity of LOKI you want to buy. The ”Total” field is the total price in BTC that you'll settle for the whole volumen of LOKI. If you're happy, click on “Buy LOKI”. Your order will be filled when a Seller sells their LOKI for the price you introduced.
Step 5 – Withdraw Loki Network (LOKI) Unless you are frequently trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an longer period of time. In order to withdraw your Loki Network (LOKI), go to the tab called “Funds” and mouse click on “Withdraw”. Loki Network (LOKI) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Loki Network (LOKI) by using the given drop-down box. Drop in the volumen of Loki Network (LOKI) you'd wish to take off. Take into account the shown fees/minimums. Also make sure you have filled your correct withdraw address. If you're happy, click on “Submit”. You could be requested for verfication via phone/email before a take off.
Kudos! You have successfully purchased and stored Loki Network (LOKI).That's it! Take offs from Crypto Exchange can take anywhere from 1 – 30 minutes (rely on network usage). As soon as you have proved your take off with Ethplorer.io or Etherscan.io and the (LOKI) Loki Network is safe inside your wallet, you are finished.
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