A Step-by-Step-Guide on how to buy Liquidity Dividends Protocol (LID)
Step 1 – Join CEX.io In the beginning you'll need to buy units of the bigger coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below to register and getting your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Liquidity Dividends Protocol (LID) is available on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow these easy steps) Make sure you've selected the precise coin you would like 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 different (Just follow our how-to).
Step 3 – Locate Liquidity Dividends Protocol (LID) Once your deposit has been confirmed, you'll immediately have access to your finances and you can begin purchasing and trading. To buy Liquidity Dividends Protocol (LID) on Binance, you'll want to hover over the ”Exchange” tab and click on “Basic”. In order to spot Liquidity Dividends Protocol (LID), you'll need to put the shortname of the coin (LID) into the search-box, which is marked in the image. Make sure you have selected the proper pairing, we've marked this too. Click on “LID/BTC” to proceed.
Step 4 – Purchasing Liquidity Dividends Protocol (LID) After you have located Liquidity Dividends Protocol (LID), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we are creating our own Limit Order. The ”Price” field will be automatically filled with the latest valuation Liquidity Dividends Protocol (LID) was traded for. You can change this to your desired rate. The ”Amount” field is the volumen of LID you like to purchase. The ”Total” field is the aggregated price in Bitcoin that you'll pay for the complete volumen of LID. If you're satisfied, make a mouse click on “Buy LID”. Your plan will be filled when a Vendor trades their LID for the price you offered.
Step 5 – Withdraw Liquidity Dividends Protocol (LID) Unless you're trading, best advise is not to keep coins on an Exchange for an extended time frame. To take off your Liquidity Dividends Protocol (LID), go to the tab called “Funds” and click on “Withdraw”. Liquidity Dividends Protocol (LID) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Liquidity Dividends Protocol (LID) by using the provided drop-down box. Put into the quantity of Liquidity Dividends Protocol (LID) you would wish to take off. Don't forget the displayed fees/minimums. Also make sure you have entered your precise withdraw address. If you're happy, make a mouse click on “Submit”. You could be asked for email/phone verification before a take off.