A Step-by-Step-Guide on how to buy LemoChain (LEMO)
Step 1 – Join Coinbase – Get Free $10 You'll first need to buy one of the bigger coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below to register and to get your welcome 10$.
Step 2 – Transfer Your Bitcoin or Ethereum to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. Every exchange has a deposit form that is alike. LemoChain (LEMO) is obtainable on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this manual) Make sure you have selected the right coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. If you are using a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).
Step 3 – Locate (LEMO) LemoChain Once your deposit has been verified, you'll directly have access to your assets and you can initiate buying and trading. To invest in (LEMO) LemoChain on Binance, you'll want to hover over the ”Exchange” tab and after that click on “Basic”. In order to discover (LEMO) LemoChain, you'll need to insert the short name of the asset (LEMO) into the search-box, which is marked in the picture. Make sure you have choosen the proper grouping, we have marked this also. Click on “LEMO/BTC” to continue.
Step 4 – Buy (LEMO) LemoChain After you've found (LEMO) LemoChain, you'll be given a Price Chart (in the Center of the picture) and a few 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 (LEMO) LemoChain was traded for. You can change this to your desired rate. The field with the “Amount” tag is the amount of LEMO you wish to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the whole amount of LEMO. When you're satisfied, click on “Buy LEMO”. Your plan will be filled as soon as a Vender sells their LEMO for the price you submitted.
Step 5 – Withdraw LemoChain (LEMO) Unless you are regularly trading, you should never keepyour crypto on an Exchange for an extensive time period. In order to take off your LemoChain (LEMO), go to the ”Funds” tab and click on “Withdraw”. LemoChain (LEMO) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate LemoChain (LEMO) by using the provided drop-down box. Drop in the volumen of LemoChain (LEMO) you would wish to take off. Don't forget the presented fees/minimums. Also make sure you have filled your correct withdraw address. When you are satisfied, click “Submit”. You could be requested for verfication via email/phone before a withdrawal.