A Step-by-Step-Guide on how to buy CoinLion (LION)
Step 1 – Join Coinbase and get 10$ for free You will first need to purchase units of the top-tier coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for alternative Coins. Click below for registration and to get your welcome $10.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your Bitcoin or Ethereum will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. CoinLion (LION) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this manual) Make sure you've chosen the exact coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, et cetera. In the case you're working with a decentralized exchange, like Airswap or DDEX could be different (Just follow our guide).
Step 3 – Find CoinLion (LION) As soon as your deposit has been confirmed, you will directly have access to your finances and you can start purchasing and trading. To buy (LION) CoinLion on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”. To discover (LION) CoinLion, you will need to insert the shortname of the coin (LION) into the search box, which is marked in the image. Make sure you have choosen the right grouping, we have marked this also. Click on “LION/BTC” to progress.
Step 4 – Purchase (LION) CoinLion As soon as you've spotted (LION) CoinLion, you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we are making our Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date rate (LION) CoinLion was sold for. This can be changed to your desired rate. The “Amount” field is the volumen of LION you wish to purchase. The field with the “Total” tag is the whole price in BTC that you'll settle for the complete amount of LION. If you are glad, click on “Buy LION”. Your plan will be filled when a Vendor trades their LION for the price you offered.
Step 5 – Withdraw (LION) CoinLion Unless you're trading, best advise is not to keep crypto coins on an Exchange for an extensive time frame. In order to withdraw your CoinLion (LION), hover over the tab called “Funds” and mouse click on “Withdraw”. (LION) CoinLion can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (LION) CoinLion by using the provided drop-down box. Drop in the volumen of CoinLion (LION) you'd wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address. When you are happy, make a mouse click on “Submit”. You may be requested for phone/email verification before a withdrawal.