A Step-by-Step-Guide on how to buy Lynx (LYNX)
Step 1 – Join Kraken You will first need to purchase units of the major currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Follow the Link below for registration and to get Bitcoin or Ethereum.
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Lynx (LYNX) is accessible on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this manual) Make sure you have chosen the right coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. If you're dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Locate Lynx (LYNX) As soon as your deposit has been verified, you will instantly have access to your finances and you can start purchasing and trading. To invest in Lynx (LYNX) on Binance, you will want to hover over the ”Exchange” tab and after that click on “Basic”. In order to find Lynx (LYNX), you will need to put the short name of the asset (LYNX) into the search box, which is highlighted in the picture. Be certain of having selected the correct pairing, we've highlighted this also. Click on “LYNX/BTC” to progress.
Step 4 – Acquisition of Lynx (LYNX) After you've spotted Lynx (LYNX), you will be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). Next we are going to make our own Limit Order. The ”Price” field will be filled automatically with the most up-to-date tariff Lynx (LYNX) was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the volumen of LYNX you like to buy. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the whole volumen of LYNX. If you are happy, click on “Buy LYNX”. Your order will be filled as soon as a Seller trades their LYNX for the price you gave.
Step 5 – Withdraw Lynx (LYNX) Unless you are regularly trading, you should never keepyour crypto coins on an Exchange for an longer period of time. To take off your Lynx (LYNX), go to the tab called “Funds” and mouse click on “Withdraw”. Lynx (LYNX) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Lynx (LYNX) by using the provided drop-down box. Drop in the amount of Lynx (LYNX) you'd wish to take off. Take into account the presented fees/minimums. Also make sure you have filled your correct withdraw address. If you are happy, click on “Submit”. You could be asked for verfication via phone/email ahead of a withdrawal.