A Step-by-Step-Guide on how to buy LOLTOKEN (LOL)
Step 1 – Signup to Kraken In the beginning you'll need to buy one of the top-tier currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below for registration and receive BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. LOLTOKEN (LOL) is accessible on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide) Make sure you have selected the right coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Find LOLTOKEN (LOL) Once your deposit has been verified, you will immediately have access to your assets and you can initiate purchasing and trading. To purchase LOLTOKEN (LOL) on Binance, you will want to hover over the ”Exchange” tab and after that click on “Basic”. In order to locate LOLTOKEN (LOL), you will need to insert the short name of the asset (LOL) into the search-box, which is highlighted in the image. Be certain of having choosen the correct grouping, we've highlighted this too. Click on “LOL/BTC” to progress.
Step 4 – Purchasing LOLTOKEN (LOL) As soon as you have found LOLTOKEN (LOL), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). And now we are making our own Limit Order. The ”Price” field will be filled with the up-to-date price LOLTOKEN (LOL) was traded for. You can change this to your preferred price. The field with the “Amount” tag is the quantity of LOL you wish to purchase. The field with the “Total” tag is the whole price in BTC that you will settle for the complete quantity of LOL. If you are glad, click on “Buy LOL”. Your order will be filled as soon as a Seller trades their LOL for the price you offered.
Step 5 – Withdraw LOLTOKEN (LOL) Unless you're frequently trading, best advise is not to keep your crypto on an Exchange for an longer time period. In order to withdraw your LOLTOKEN (LOL), hover over the ”Funds” tab and mouse click on “Withdraw”. LOLTOKEN (LOL) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find LOLTOKEN (LOL) by using the provided drop-down box. Put into the quantity of LOLTOKEN (LOL) you would wish to withdraw. Don't forget the displayed minimus/fees. Also make sure you have filled your right withdraw address. When you're happy, make a mouse click on “Submit”. You could be requested for verfication via phone/email ahead of a take off.