A Step-by-Step-Guide on how to buy Lunch Money (LMY)
Step 1 – Join Kraken You'll first need to purchase one of the major coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Follow the Link below to register and to get Funds.
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Lunch Money (LMY) is available on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow these easy steps) Make sure you have chosen the correct coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Find Lunch Money (LMY) Once your deposit has been verified, you'll immediately have access to your assets and you can commence purchasing and trading. To buy Lunch Money (LMY) on Binance, you'll want to go to the ”Exchange” tab and then click on “Basic”. To locate Lunch Money (LMY), you'll need to put the cointype (LMY) into the search-box, which is highlighted in the image. Be certain of having selected the correct grouping, we have highlighted this also. Click on “LMY/BTC” to proceed.
Step 4 – Buy Lunch Money (LMY) After you have spotted Lunch Money (LMY), you will be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). And now we are going to create our own Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date price Lunch Money (LMY) was traded for. You can change this to your favoured price. The field with the “Amount” tag is the volumen of LMY you want to purchase. The ”Total” field is the total price in Bitcoin that you'll settle for the complete volumen of LMY. If you are glad, make a mouse click on “Buy LMY”. Your order will be filled when a Vendor trades their LMY for the price you offered.
Step 5 – Withdraw Lunch Money (LMY) Unless you're regularly trading, best advise is not to keep crypto coins on an Crypto Trader for an extensive time period. In order to take off your Lunch Money (LMY), go to the tab called “Funds” and mouse click on “Withdraw”. Lunch Money (LMY) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Lunch Money (LMY) by using the given drop-down box. Enter the quantity of Lunch Money (LMY) you would wish to take off. Don't forget the presented minimus/fees. Also make sure you have filled your correct withdraw address. If you're glad, click on “Submit”. You may be requested for email/phone verification ahead of a take off.
Congrats! You've successfully purchased and safed Lunch Money (LMY).That's it! Withdrawals from Exchange can take between 1 – 30 minutes (depending on usage of the network). Once you have confirmed your take off with Etherscan.io or Ethplorer.io and the (LMY) Lunch Money is safe in your wallet, you are finished.
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