A Step-by-Step-Guide on how to buy Liquid Bank (LIQ)
Step 1 – Join Coinbase and receive 10$ in Bitcoin In the beginning you'll need to buy units of the major currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below to register and to get Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your Ethereum or Bitcoin has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Liquid Bank (LIQ) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you've selected the correct coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. If you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Find (LIQ) Liquid Bank As soon as your deposit has been verified, you will directly have access to your funds and you can start buying and trading. To purchase (LIQ) Liquid Bank on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”. In order to locate (LIQ) Liquid Bank, you'll need to insert the shortname of the coin (LIQ) into the search box, which is marked in the graphic. Be certain of having choosen the correct grouping, we've marked this too. Click on “LIQ/BTC” to progress.
Step 4 – Purchasing Liquid Bank (LIQ) After you have located Liquid Bank (LIQ), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). Next we are going to make our own Limit Order. The field with the “Price” tag will be filled with the most latest valuation Liquid Bank (LIQ) was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the quantity of LIQ you like to buy. The “Total” field is the total price in BTC that you'll pay for the complete volumen of LIQ. When you are satisfied, make a mouse click on “Buy LIQ”. Your order will be filled as soon as a Vender trades their LIQ for the price you gave.
Step 5 – Withdraw Liquid Bank (LIQ) Unless you're frequently trading, you should never keepyour crypto on an Cryptocurrency Exchange for an extended time period. In order to withdraw your Liquid Bank (LIQ), go to the tab called “Funds” and click on “Withdraw”. Liquid Bank (LIQ) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Liquid Bank (LIQ) by using the provided drop-down box. Enter the volumen of Liquid Bank (LIQ) you would like to take off. Don't forget the demonstrated minimus/fees. Also make sure you have entered your right withdraw address. When you're happy, click “Submit”. You could be requested for verfication via email/phone before a withdrawal.