A Step-by-Step-Guide on how to buy LUXCoin (LUX)
Step 1 – Join CEX.io You will first need to purchase one of the bigger coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for Altcoins. Click below to register and getting your Ethereum or Bitcoin.
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. LUXCoin (LUX) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this manual) Make sure you have selected the precise coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are using a decentralized exchange, like Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Find LUXCoin (LUX) As soon as your deposit has been confirmed, you will now have access to your funds and you can begin invest and trading. To invest in LUXCoin (LUX) on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”. To spot LUXCoin (LUX), you will need to put the shortname of the coin (LUX) into the search box, which is marked in the picture. Be certain of having choosen the right grouping, we have marked this too. Click on “LUX/BTC” to advance.
Step 4 – Purchasing LUXCoin (LUX) Once you've discovered LUXCoin (LUX), you'll be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). For now we are going to create our own Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date rate LUXCoin (LUX) was sold for. You can change this to your favoured price. The field with the “Amount” tag is the volumen of LUX you want to buy. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the whole volumen of LUX. When you're satisfied, make a mouse click on “Buy LUX”. Your order will be filled as soon as a Seller sells their LUX for the price you gave.
Step 5 – Withdraw (LUX) LUXCoin Unless you're regularly trading, you should never keepyour crypto coins on an Crypto Trader for an longer period of time. To take off your (LUX) LUXCoin, hover over the tab called “Funds” and click on “Withdraw”. (LUX) LUXCoin can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (LUX) LUXCoin by using the given drop-down box. Drop in the amount of (LUX) LUXCoin you would like to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your right withdraw address. If you're glad, click on “Submit”. You could be asked for phone/email verification before a take off.