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 Cryptocurrency Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Lympo (LYM) is available on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow these easy steps) Make sure you have selected the precise coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. In the case you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow these easy steps).
Step 3 – Find Lympo (LYM) As soon as your deposit has been approved, you'll now have access to your finances and you can begin purchasing and trading. To invest in Lympo (LYM) on Binance, you'll want to go to the ”Exchange” tab and then mouse click on “Basic”. To find Lympo (LYM), you'll need to put the shortname of the coin (LYM) into the search box, which is highlighted in the picture. Be certain of having choosen the proper pairing, we've marked this also. Click on “LYM/BTC” to continue.
Step 4 – Buy Lympo (LYM) As soon as you've found Lympo (LYM), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we are going to make our own Limit Order. The ”Price” field will be filled automatically with the most latest tariff Lympo (LYM) was sold for. This can be changed to your desired rate. The ”Amount” field is the volumen of LYM you want to purchase. The ”Total” field is the aggregated price in Bitcoin that you will pay for the complete volumen of LYM. When you are glad, make a mouse click on “Buy LYM”. Your plan will be filled when a Vender trades their LYM for the price you submitted.
Step 5 – Withdraw Lympo (LYM) Unless you're frequently trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an extensive period of time. In order to take off your Lympo (LYM), hover over the tab called “Funds” and click on “Withdraw”. Lympo (LYM) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Lympo (LYM) by using the provided drop-down box. Enter the volumen of Lympo (LYM) you'd wish to withdraw. Don't forget the shown minimus/fees. Also make sure you have entered your correct withdraw address. When you are happy, make a mouse click on “Submit”. You may be requested for verfication via email/phone ahead of a take off.
Kudos! You've successfully bought and safed Lympo (LYM).That's it! Withdrawals from Crypto Trader can durate between 1 – 30 minutes (depending on usage of the network). Once you've proved your withdrawal with Ethplorer.io or Etherscan.io and the (LYM) Lympo is stored in your wallet, you are all done.
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