A Step-by-Step-Guide on how to buy Lendingblock (LND)
Step 1 – Signup to Coinbase and recieve 10$ for free You will first need to buy units of the bigger coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below for registration and receive your first $10.
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Lendingblock (LND) is available on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this how-to) Make sure you have chosen the exact coin you want to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our manual).
Step 3 – Find (LND) Lendingblock As soon as your deposit has been confirmed, you'll directly have access to your assets and you can launch purchasing and trading. To purchase Lendingblock (LND) on Binance, you'll want to hover over the tab which is called “Exchange” and click on “Basic”. To locate Lendingblock (LND), you'll need to put the shortname of the coin (LND) into the search box, which is highlighted in the graphic. Make sure you have selected the correct grouping, we've highlighted this too. Click on “LND/BTC” to proceed.
Step 4 – Acquisition of Lendingblock (LND) Once you've found (LND) Lendingblock, you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). And now we're going to make our own Limit Order. The “Price” field will be filled with the up-to-date valuation Lendingblock (LND) was sold for. You can change this to your preferred rate. The “Amount” field is the volumen of LND you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you will pay for the complete quantity of LND. When you are satisfied, make a mouse click on “Buy LND”. Your order will be filled when a Vender trades their LND for the price you offered.
Step 5 – Withdraw Lendingblock (LND) Unless you are trading, best advise is not to keep your coins on an Crypto Exchange for an extended time period. In order to withdraw your (LND) Lendingblock, go to the “Funds” tab and click on “Withdraw”. Lendingblock (LND) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Lendingblock (LND) by using the provided drop-down box. Enter the amount of (LND) Lendingblock you would like to take off. Don't forget the shown fees/minimums. Also make sure you have entered your correct withdraw address. When you're happy, click on “Submit”. You could be requested for email/phone verification before a withdrawal.