A Step-by-Step-Guide on how to buy Meridian Network (LOCK)
Step 1 – Join Kraken You'll first need to buy units of the bigger coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for Altcoins. Follow the Link below for registration and to get ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transmit Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Meridian Network (LOCK) is accessible on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow these easy steps) Make sure you have chosen the precise coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etc. If you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow these easy steps).
Step 3 – Locate Meridian Network (LOCK) As soon as your deposit has been confirmed, you will now have access to your funds and you can commence invest and trading. To invest in Meridian Network (LOCK) on Binance, you will want to go to the ”Exchange” tab and after that click on “Basic”. To discover Meridian Network (LOCK), you'll need to insert the shortname of the coin (LOCK) into the search-box, which is marked in the graphic. Make sure you have selected the proper pairing, we've highlighted this also. Click on “LOCK/BTC” to go on.
Step 4 – Purchase Meridian Network (LOCK) As soon as you've discovered Meridian Network (LOCK), 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're making our own Limit Order. The ”Price” field will be filled automatically with the most up-to-date valuation Meridian Network (LOCK) was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the quantity of LOCK you like to purchase. The field with the “Total” tag is the total price in Bitcoin that you will settle for the whole amount of LOCK. When you're glad, click on “Buy LOCK”. Your plan will be filled when a Vender sells their LOCK for the price you offered.
Step 5 – Withdraw Meridian Network (LOCK) Unless you're regularly trading, never keep your coins on an Cryptocurrency Exchange for an extended time frame. To take off your Meridian Network (LOCK), hover over the tab called “Funds” and click on “Withdraw”. Meridian Network (LOCK) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Meridian Network (LOCK) by using the given drop-down box. Put into the volumen of Meridian Network (LOCK) you would wish to withdraw. Don't forget the shown minimus/fees. Also make sure you have entered your precise withdraw address. If you're satisfied, click on “Submit”. You could be requested for verfication via email/phone before a take off.
Congratulations! You've successfully purchased and stored Meridian Network (LOCK).That's it! Take offs from Exchange can take anywhere from 1 – 30 minutes (rely on network usage). Once you've confirmed your withdrawal with Ethplorer.io or Etherscan.io and the (LOCK) Meridian Network is stored within your wallet, you're all done.
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