A Step-by-Step-Guide on how to buy Lympo (LYM)
Step 1 – Signup to Kraken You will first need to purchase one of the bigger coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below to register and to get BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Lympo (LYM) is accessible on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual) Make sure you have selected the right coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our manual).
Step 3 – Locate Lympo (LYM) Once your deposit has been confirmed, you'll directly have access to your funds and you can begin invest and trading. To purchase Lympo (LYM) on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”. In order to locate Lympo (LYM), you'll need to insert the short name of the asset (LYM) into the search box, which is marked in the graphic. Make sure you have choosen the proper grouping, we've marked this also. Click on “LYM/BTC” to advance.
Step 4 – Buy Lympo (LYM) Once you have spotted Lympo (LYM), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). Next we are creating our own Limit Order. The ”Price” field will be filled with the latest price Lympo (LYM) was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the volumen of LYM you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you will settle for the complete volumen of LYM. When you are satisfied, make a mouse click on “Buy LYM”. Your plan will be filled when a Vender trades their LYM for the price you gave.
Step 5 – Withdraw Lympo (LYM) Unless you're trading, you should never keepyour coins on an Cryptocurrency Exchange for an extended period of time. In order to withdraw your Lympo (LYM), go to the ”Funds” tab and click on “Withdraw”. Lympo (LYM) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Lympo (LYM) by using the given drop-down box. Drop in the volumen of Lympo (LYM) you'd wish to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have filled your right withdraw address. When you're glad, make a mouse click on “Submit”. You could be requested for email/phone verification before a withdrawal.