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How to Buy LOTEU (LOTEU)

A Step-by-Step-Guide on how to buy LOTEU (LOTEU)

Step 1 – Join CEX.io

In the beginning you'll need to purchase units of the bigger currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Follow the Link below for registration and receive your BTC (Bitcoin) or ETH (Ethereum).

Binance Signup
Step 2 – Transmit Your Funds to an Exchange

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. LOTEU (LOTEU) is accessible on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this how-to)

Make sure you have chosen the correct coin you want to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, et cetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).

Step 3 – Find LOTEU (LOTEU)

Once your deposit has been confirmed, you'll now have access to your funds and you can commence purchasing and trading. To invest in LOTEU (LOTEU) on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”.

To find LOTEU (LOTEU), you'll need to put the cointype (LOTEU) into the search box, which is highlighted in the picture. Make sure you have choosen the correct pairing, we have highlighted this too. Click on “LOTEU/BTC” to proceed.

{How to buy Coin on Binance 1|Binance How To Buy 1} LOTEU (LOTEU)
Step 4 – Acquisition of LOTEU (LOTEU)

After you have spotted LOTEU (LOTEU), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). And now we're creating our own Limit Order.

The field with the “Price” tag will be filled with the most up-to-date valuation LOTEU (LOTEU) was traded for. You can change this to your favoured price. The field with the “Amount” tag is the volumen of LOTEU you like to buy. The field with the “Total” tag is the total price in BTC that you will settle for the complete volumen of LOTEU.

If you're glad, click on “Buy LOTEU”. Your plan will be filled when a Vender trades their LOTEU for the price you introduced.

Step 5 – Withdraw LOTEU (LOTEU)

Unless you are regularly trading, you should never keepyour coins on an Crypto Exchange for an extended period of time. To take off your LOTEU (LOTEU), hover over the tab called “Funds” and click on “Withdraw”. LOTEU (LOTEU) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find LOTEU (LOTEU) by using the given drop-down box. Enter the volumen of LOTEU (LOTEU) you'd wish to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your correct withdraw address.

If you're happy, click on “Submit”. You may be requested for email/phone verification before a withdrawal.

Congratulations! You have successfully bought and safed LOTEU (LOTEU).

That's it!

Take offs from Crypto Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). Once you've confirmed your withdrawal using Etherscan.io or Ethplorer.io and the LOTEU (LOTEU) is stored within your wallet, you are all done.

Some other Guides on How to buy different Altcoins

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How to Buy Photon
How to Buy Altcoins
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