How to Buy Lua Token (LUA)

A Step-by-Step-Guide on how to buy Lua Token (LUA)

Step 1 – Signup to Kraken

You'll first need to buy units of the major currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below to register and to get Bitcoin or Ethereum.

Binance Signup
Step 2 – Send Your Ethereum or Bitcoin to an Exchange

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Lua Token (LUA) is accessible on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to)

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

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our how-to).

Step 3 – Locate Lua Token (LUA)

As soon as your deposit has been confirmed, you'll instantly have access to your funds and you can begin buying and trading. To buy Lua Token (LUA) on Binance, you will want to hover over the ”Exchange” tab and then mouse click on “Basic”.

In order to spot Lua Token (LUA), you will need to put the short name of the asset (LUA) into the search-box, which is highlighted in the picture. Be certain of having choosen the correct pairing, we have highlighted this too. Click on “LUA/BTC” to go on.

Binance Hot To Buy Lua Token (LUA)
Binance How to Buy (LUA) Lua Token
Step 4 – Purchase Lua Token (LUA)

Once you've found Lua Token (LUA), you'll be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). For now we're making our own Limit Order.

The ”Price” field will be automatically filled with the most latest price Lua Token (LUA) was traded for. You can change this to your desired price. The ”Amount” field is the amount of LUA you wish to buy. The ”Total” field is the whole price in BTC that you'll settle for the complete quantity of LUA.

If you're happy, click on “Buy LUA”. Your order will be filled as soon as a Seller trades their LUA for the price you introduced.

Step 5 – Withdraw Lua Token (LUA)

Unless you're frequently trading, best advise is not to keep crypto on an Crypto Trader for an extensive period of time. In order to take off your Lua Token (LUA), go to the ”Funds” tab and mouse click on “Withdraw”. Lua Token (LUA) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Lua Token (LUA) by using the given drop-down box. Put into the volumen of Lua Token (LUA) you'd wish to take off. Don't forget the displayed minimus/fees. Also make sure you have filled your precise withdraw address.

If you are glad, click on “Submit”. You may be requested for phone/email verification before a take off.

Binance Withdraw

Congrats! You've successfully bought and stored Lua Token (LUA).

That's it!

Take offs from Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you have confirmed your withdrawal using Etherscan.io or Ethplorer.io and the (LUA) Lua Token is safe within your wallet, you are done.

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