A Step-by-Step-Guide on how to buy Loopring (LRC)
Step 1 – Signup to Coinbase and get 10$ for free You will first need to purchase units of the top-tier coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click below to register and to get your first 10$.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your Bitcoin or Ethereum has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Loopring (LRC) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this guide) Make sure you have selected the precise coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our how-to).
Step 3 – Find (LRC) Loopring Once your deposit has been verified, you will directly have access to your assets and you can commence invest and trading. To purchase (LRC) Loopring on Binance, you will want to hover over the ”Exchange” tab and then mouse click on “Basic”. To discover (LRC) Loopring, you will need to insert the short name of the asset (LRC) into the search box, which is highlighted in the graphic. Be certain of having choosen the correct grouping, we've highlighted this also. Click on “LRC/BTC” to proceed.
Step 4 – Buy (LRC) Loopring As soon as you've located (LRC) Loopring, you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). And now we are going to create our own Limit Order. The ”Price” field will be filled with the most recent price (LRC) Loopring was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the amount of LRC you want to purchase. The ”Total” field is the aggregated price in Bitcoin that you'll settle for the complete amount of LRC. When you're glad, make a mouse click on “Buy LRC”. Your plan will be filled when a Vender trades their LRC for the price you submitted.
Step 5 – Withdraw (LRC) Loopring Unless you're frequently trading, best advise is not to keep your crypto on an Exchange for an extended period of time. In order to take off your (LRC) Loopring, go to the tab called “Funds” and click on “Withdraw”. (LRC) Loopring can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (LRC) Loopring by using the provided drop-down box. Put into the volumen of (LRC) Loopring you'd like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have entered your right withdraw address. If you're happy, click “Submit”. You could be asked for verfication via email/phone before a take off.