How to Buy LemoChain (LEMO)

A Step-by-Step-Guide on how to buy LemoChain (LEMO)

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

You will first need to purchase one of the bigger currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below to register and getting BTC (Bitcoin) or ETH (Ethereum).

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

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. LemoChain (LEMO) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this manual)

Make sure you've chosen the right coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so forth. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our how-to).

Step 3 – Locate (LEMO) LemoChain

Once your deposit has been affirmed, you'll instantly have access to your finances and you can begin buying and trading. To purchase LemoChain (LEMO) on Binance, you will want to hover over the “Exchange” tab and mouse click on “Basic”.

To discover LemoChain (LEMO), you'll need to insert the cointype (LEMO) into the search box, which is marked in the graphic. Make sure you have choosen the proper grouping, we've marked this also. Click on “LEMO/BTC” to go ahead.

Binance How To Buy 1 LemoChain (LEMO)
Step 4 – Purchase LemoChain (LEMO)

As soon as you've located LemoChain (LEMO), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). Next we are creating our Limit Order.

The field with the “Price” tag will be filled automatically with the most recent valuation (LEMO) LemoChain was sold for. You can change this to your desired rate. The “Amount” field is the volumen of LEMO you want to purchase. The field with the “Total” tag is the whole price in BTC that you'll pay for the complete volumen of LEMO.

When you are happy, make a mouse click on “Buy LEMO”. Your order will be filled as soon as a Vender sells their LEMO for the price you introduced.

Step 5 – Withdraw (LEMO) LemoChain

Unless you're regularly trading, best advise is not to keep crypto on an Exchange for an longer time frame. To take off your (LEMO) LemoChain, go to the tab called “Funds” and click on “Withdraw”. (LEMO) LemoChain can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (LEMO) LemoChain by using the provided drop-down box. Enter the amount of LemoChain (LEMO) you'd like to take off. Take into account the shown minimus/fees. Also make sure you have filled your correct withdraw address.

If you're glad, click “Submit”. You may be requested for verfication via email/phone before a take off.

Congratulations! You've successfully bought and safed LemoChain (LEMO).

That's it!

Withdrawals from Exchange can take between 1 – 30 minutes (depending on network usage). As soon as you have proved your withdrawal using Ethplorer.io or Etherscan.io and the LemoChain (LEMO) is safe inside your wallet, you are all done.