A Step-by-Step-Guide on how to buy LOLTOKEN (LOL)
Step 1 – Signup to CEX.io You'll first need to buy one of the major coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below for registration and to get Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your Ethereum or Bitcoin to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. LOLTOKEN (LOL) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Just follow this how-to) Make sure you have chosen the precise coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Locate (LOL) LOLTOKEN As soon as your deposit has been confirmed, you will immediately have access to your assets and you can commence purchasing and trading. To purchase (LOL) LOLTOKEN on Binance, you will want to hover over the ”Exchange” tab and click on “Basic”. To locate (LOL) LOLTOKEN, you will need to put the cointype (LOL) into the search box, which is marked in the image. Make sure you have choosen the right pairing, we have marked this too. Click on “LOL/BTC” to continue.
Step 4 – Acquisition of LOLTOKEN (LOL) As soon as you have located LOLTOKEN (LOL), you'll be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we're creating our own Limit Order. The ”Price” field will be filled with the most recent rate LOLTOKEN (LOL) was sold for. You can change this to your favoured price. The ”Amount” field is the quantity of LOL you wish to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the complete quantity of LOL. When you're glad, make a mouse click on “Buy LOL”. Your order will be filled as soon as a Vendor trades their LOL for the price you gave.
Step 5 – Withdraw (LOL) LOLTOKEN Unless you are frequently trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an extensive time period. To withdraw your (LOL) LOLTOKEN, go to the ”Funds” tab and click on “Withdraw”. (LOL) LOLTOKEN can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (LOL) LOLTOKEN by using the given drop-down box. Enter the amount of (LOL) LOLTOKEN you'd wish to withdraw. Take into account the displayed fees/minimums. Also make sure you have entered your precise withdraw address. If you are happy, click on “Submit”. You could be asked for phone/email verification ahead of a withdrawal.