A Step-by-Step-Guide on how to buy CoinLion (LION)
Step 1 – Signup to Coinbase and receive 10$ in Bitcoin In the beginning you'll need to purchase one of the bigger currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below for registration and getting Ethereum or Bitcoin.
Step 2 – Transfer Your Funds to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. CoinLion (LION) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to) Make sure you've selected the right coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. If you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Find (LION) CoinLion As soon as your deposit has been approved, you'll now have access to your finances and you can start buying and trading. To purchase CoinLion (LION) on Binance, you'll want to hover over the “Exchange” tab and after that mouse click on “Basic”. To locate CoinLion (LION), you'll need to insert the short name of the asset (LION) into the search-box, which is highlighted in the graphic. Be certain of having selected the proper grouping, we have marked this also. Click on “LION/BTC” to progress.
Step 4 – Buying (LION) CoinLion After you've discovered CoinLion (LION), you'll be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). Next we're going to make our own Limit Order. The field with the “Price” tag will be filled with the latest tariff CoinLion (LION) was traded for. You can change this to your preferred price. The “Amount” field is the volumen of LION you want to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the whole quantity of LION. When you're satisfied, make a mouse click on “Buy LION”. Your order will be filled as soon as a Vendor sells their LION for the price you introduced.
Step 5 – Withdraw CoinLion (LION) Unless you are frequently trading, you should never keepyour crypto coins on an Crypto Trader for an longer period of time. To withdraw your (LION) CoinLion, hover over the “Funds” tab and click on “Withdraw”. (LION) CoinLion can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (LION) CoinLion by using the provided drop-down box. Drop in the quantity of CoinLion (LION) you would wish to take off. Don't forget the presented fees/minimums. Also make sure you have entered your correct withdraw address. When you're glad, make a mouse click on “Submit”. You may be asked for email/phone verification before a take off.