A Step-by-Step-Guide on how to buy LONG COIN (LONG)
Step 1 – Join Kraken You'll first need to buy units of the bigger coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click below to register and getting Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. LONG COIN (LONG) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Exchange? (Follow this manual) Make sure you have selected the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etcetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).
Step 3 – Locate LONG COIN (LONG) As soon as your deposit has been approved, you'll immediately have access to your funds and you can initiate buying and trading. To invest in LONG COIN (LONG) on Binance, you will want to go to the ”Exchange” tab and after that click on “Basic”. In order to find LONG COIN (LONG), you'll need to put the cointype (LONG) into the search-box, which is highlighted in the graphic. Be certain of having choosen the right pairing, we have highlighted this also. Click on “LONG/BTC” to go on.
Step 4 – Buying LONG COIN (LONG) After you have spotted LONG COIN (LONG), 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 make our own Limit Order. The ”Price” field will be filled with the most recent rate LONG COIN (LONG) was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of LONG you want to buy. The ”Total” field is the whole price in BTC that you'll settle for the whole volumen of LONG. When you are glad, click on “Buy LONG”. Your order will be filled as soon as a Vender trades their LONG for the price you gave.
Step 5 – Withdraw LONG COIN (LONG) Unless you are frequently trading, best advise is not to keep your coins on an Crypto Trader for an longer time period. In order to take off your LONG COIN (LONG), hover over the ”Funds” tab and click on “Withdraw”. LONG COIN (LONG) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate LONG COIN (LONG) by using the provided drop-down box. Put into the quantity of LONG COIN (LONG) you would like to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have entered your right withdraw address. When you are satisfied, make a mouse click on “Submit”. You may be requested for phone/email verification before a withdrawal.