A Step-by-Step-Guide on how to buy LUXCoin (LUX)
Step 1 – Signup to Coinbase and get 10$ for free You'll first need to buy one of the top-tier currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click below for registration and receive your first $10.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. LUXCoin (LUX) is available on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Just follow this how-to) Make sure you've selected the right coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow these easy steps).
Step 3 – Locate (LUX) LUXCoin Once your deposit has been approved, you will instantly have access to your finances and you can start buying and trading. To purchase (LUX) LUXCoin on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”. In order to locate (LUX) LUXCoin, you will need to insert the cointype (LUX) into the search box, which is marked in the graphic. Be certain of having selected the proper grouping, we have marked this also. Click on “LUX/BTC” to go ahead.
Step 4 – Purchasing LUXCoin (LUX) Once you have discovered LUXCoin (LUX), 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 are going to create our own Limit Order. The field with the “Price” tag will be filled automatically with the most recent tariff LUXCoin (LUX) was traded for. You can change this to your preferred price. The ”Amount” field is the quantity of LUX you want to purchase. The field with the “Total” tag is the total price in Bitcoin that you will settle for the whole quantity of LUX. When you are glad, make a mouse click on “Buy LUX”. Your plan will be filled when a Vendor trades their LUX for the price you gave.
Step 5 – Withdraw (LUX) LUXCoin Unless you are trading, you should never keepyour crypto coins on an Crypto Exchange for an extensive time frame. To withdraw your (LUX) LUXCoin, go to the ”Funds” tab and mouse click on “Withdraw”. (LUX) LUXCoin can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (LUX) LUXCoin by using the provided drop-down box. Put into the volumen of (LUX) LUXCoin you'd like to withdraw. Take into account the presented minimus/fees. Also make sure you have filled your correct withdraw address. When you are satisfied, click on “Submit”. You may be requested for verfication via email/phone ahead of a take off.