A Step-by-Step-Guide on how to buy LanaCoin (LANA)
Step 1 – Join CEX.io You'll first need to buy one of the bigger coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click the button below for registration and getting your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. LanaCoin (LANA) 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 Exchange? (Just follow this how-to) Make sure you have selected the correct 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 are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Find LanaCoin (LANA) As soon as your deposit has been affirmed, you'll directly have access to your funds and you can start buying and trading. To purchase LanaCoin (LANA) on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”. In order to find LanaCoin (LANA), you'll need to put the cointype (LANA) into the search-box, which is highlighted in the graphic. Make sure you have choosen the proper grouping, we have highlighted this too. Click on “LANA/BTC” to go ahead.
Step 4 – Buy LanaCoin (LANA) After you've located LanaCoin (LANA), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we're going to make our own Limit Order. The ”Price” field will be filled with the up-to-date tariff LanaCoin (LANA) was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the quantity of LANA you want to buy. The field with the “Total” tag is the aggregated price in BTC that you will pay for the whole quantity of LANA. If you are happy, click on “Buy LANA”. Your order will be filled as soon as a Vender sells their LANA for the price you submitted.
Step 5 – Withdraw LanaCoin (LANA) Unless you are regularly trading, you should never keepyour crypto coins on an Crypto Exchange for an longer period of time. To withdraw your LanaCoin (LANA), hover over the tab called “Funds” and click on “Withdraw”. LanaCoin (LANA) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find LanaCoin (LANA) by using the given drop-down box. Enter the volumen of LanaCoin (LANA) you'd like to withdraw. Don't forget 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.