How to Buy Lamden (TAU)

A Step-by-Step-Guide on how to buy Lamden (TAU)

Step 1 – Signup to Coinbase and receive 10$ in Bitcoin

You will first need to buy one of the major currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below to register and receive BTC (Bitcoin) or ETH (Ethereum).

Binance Signup
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange

Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Lamden (TAU) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this manual)

Make sure you have selected the exact coin you would like to deposit.

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

Step 3 – Locate (TAU) Lamden

As soon as your deposit has been approved, you will now have access to your finances and you can initiate buying and trading. To purchase Lamden (TAU) on Binance, you will want to go to the “Exchange” tab and mouse click on “Basic”.

To spot Lamden (TAU), you will need to insert the cointype (TAU) into the search box, which is highlighted in the image. Be certain of having choosen the proper pairing, we've highlighted this too. Click on “TAU/BTC” to continue.

Binance How To Buy 1 Lamden (TAU)
Step 4 – Purchase (TAU) Lamden

Once you have spotted Lamden (TAU), you will be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). And now we are making our Limit Order.

The field with the “Price” tag will be filled automatically with the latest valuation (TAU) Lamden was traded for. You can change this to your preferred rate. The “Amount” field is the quantity of TAU you want to buy. The “Total” field is the aggregated price in BTC that you will settle for the whole volumen of TAU.

If you're happy, make a mouse click on “Buy TAU”. Your order will be filled when a Seller sells their TAU for the price you offered.

Step 5 – Withdraw (TAU) Lamden

Unless you're trading, never keep your crypto on an Crypto Trader for an longer time frame. In order to withdraw your Lamden (TAU), go to the tab called “Funds” and click on “Withdraw”. (TAU) Lamden can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Lamden (TAU) by using the provided drop-down box. Drop in the quantity of (TAU) Lamden you would wish to take off. Don't forget the shown fees/minimums. Also make sure you have entered your correct withdraw address.

If you're glad, click on “Submit”. You could be requested for email/phone verification before a take off.

Congratulations! You have successfully purchased and safed (TAU) Lamden.

That's it!

Withdrawals from Crypto Exchange can take anywhere from 1 – 30 minutes (rely on network usage). As soon as you've confirmed your withdrawal using Ethplorer.io or Etherscan.io and the Lamden (TAU) is stored inside your wallet, you're finished.