A Step-by-Step-Guide on how to buy Woodcoin (LOG)
Step 1 – Signup to Coinbase and get 10$ for free You'll first need to buy units of the bigger coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click the button below for registration and to get your welcome $10.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto 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 similar. Woodcoin (LOG) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual) Make sure you've chosen the exact coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Find (LOG) Woodcoin As soon as your deposit has been confirmed, you'll immediately have access to your assets and you can commence buying and trading. To purchase (LOG) Woodcoin on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”. In order to discover (LOG) Woodcoin, you'll need to insert the cointype (LOG) into the search box, which is highlighted in the graphic. Be certain of having choosen the proper pairing, we've highlighted this too. Click on “LOG/BTC” to advance.
Step 4 – Purchasing Woodcoin (LOG) Once you have discovered Woodcoin (LOG), you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we're going to create our Limit Order. The field with the “Price” tag will be automatically filled with the recent rate Woodcoin (LOG) was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the volumen of LOG you like to purchase. The ”Total” field is the total price in BTC that you will pay for the complete volumen of LOG. When you're glad, make a mouse click on “Buy LOG”. Your plan will be filled as soon as a Vender trades their LOG for the price you gave.
Step 5 – Withdraw (LOG) Woodcoin Unless you are trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an extensive time period. In order to withdraw your (LOG) Woodcoin, hover over the tab called “Funds” and click on “Withdraw”. (LOG) Woodcoin can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (LOG) Woodcoin by using the given drop-down box. Put into the volumen of (LOG) Woodcoin you'd wish to withdraw. Don't forget the displayed fees/minimums. Also make sure you have entered your correct withdraw address. When you are glad, click on “Submit”. You could be asked for verfication via phone/email ahead of a take off.