A Step-by-Step-Guide on how to buy Moonlight Lux (LX)
Step 1 – Join Kraken You'll first need to buy one of the bigger coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for Altcoins. Click the button below for registration and to get Bitcoin or Ethereum.
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your Bitcoin or Ethereum has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Moonlight Lux (LX) is available on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Follow these easy steps) Make sure you have selected the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are using a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).
Step 3 – Find Moonlight Lux (LX) As soon as your deposit has been approved, you'll instantly have access to your finances and you can start invest and trading. To purchase Moonlight Lux (LX) on Binance, you'll want to go to the ”Exchange” tab and then click on “Basic”. In order to locate Moonlight Lux (LX), you'll need to put the shortname of the coin (LX) into the search-box, which is highlighted in the image. Make sure you have selected the correct pairing, we've highlighted this also. Click on “LX/BTC” to advance.
Step 4 – Buy Moonlight Lux (LX) Once you have spotted Moonlight Lux (LX), you will be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). For now we are going to make our own Limit Order. The field with the “Price” tag will be filled automatically with the most latest tariff Moonlight Lux (LX) was traded for. This can be changed to your favoured rate. The ”Amount” field is the quantity of LX you wish to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll settle for the complete quantity of LX. When you are glad, click on “Buy LX”. Your plan will be filled as soon as a Vendor sells their LX for the price you submitted.
Step 5 – Withdraw Moonlight Lux (LX) Unless you're frequently trading, best advise is not to keep coins on an Cryptocurrency Exchange for an longer period of time. To take off your Moonlight Lux (LX), go to the tab called “Funds” and mouse click on “Withdraw”. Moonlight Lux (LX) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Moonlight Lux (LX) by using the given drop-down box. Enter the amount of Moonlight Lux (LX) you would wish to take off. Don't forget the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address. If you're glad, make a mouse click on “Submit”. You may be asked for verfication via email/phone ahead of a withdrawal.