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 Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Lympo (LYM) is accessible on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this manual) Make sure you've selected the precise coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etcetera. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our manual).
Step 3 – Find Lympo (LYM) Once your deposit has been affirmed, you'll instantly have access to your assets and you can initiate invest and trading. To invest in Lympo (LYM) on Binance, you will want to go to the ”Exchange” tab and after that click on “Basic”. To locate Lympo (LYM), you will need to put the cointype (LYM) into the search box, which is marked in the image. Be certain of having selected the right grouping, we've highlighted this too. Click on “LYM/BTC” to advance.
Step 4 – Buy Lympo (LYM) Once you've spotted Lympo (LYM), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). For now we are making our own Limit Order. The ”Price” field will be automatically filled with the most latest price Lympo (LYM) was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the amount of LYM you like to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the complete amount of LYM. If you're glad, make a mouse click on “Buy LYM”. Your plan will be filled when a Seller trades their LYM for the price you offered.
Step 5 – Withdraw Lympo (LYM) Unless you're regularly trading, best advise is not to keep your crypto on an Crypto Exchange for an extensive time period. In order to take off your Lympo (LYM), go to the tab called “Funds” and mouse click on “Withdraw”. Lympo (LYM) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Lympo (LYM) by using the provided drop-down box. Drop in the amount of Lympo (LYM) you would like to withdraw. Take into account the presented minimus/fees. Also make sure you have entered your precise withdraw address. When you are happy, make a mouse click on “Submit”. You may be asked for verfication via email/phone ahead of a take off.