How to Buy Liquid DeFi (LIQ)

A Step-by-Step-Guide on how to buy Liquid DeFi (LIQ)

Step 1 – Join Coinbase and receive 10$ in Bitcoin

In the beginning you'll need to purchase one of the major currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for Altcoins. Follow the Link below to register and to get BTC (Bitcoin) or ETH (Ethereum).

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

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Liquid DeFi (LIQ) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Follow this manual)

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

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. In the case you are using a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).

Step 3 – Find Liquid DeFi (LIQ)

As soon as your deposit has been approved, you'll instantly have access to your finances and you can launch purchasing and trading. To purchase Liquid DeFi (LIQ) on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”.

To locate Liquid DeFi (LIQ), you'll need to put the shortname of the coin (LIQ) into the search box, which is marked in the graphic. Make sure you have selected the correct grouping, we have highlighted this also. Click on “LIQ/BTC” to proceed.

How to buy Coin on Binance 1 Liquid DeFi (LIQ)
Step 4 – Buy Liquid DeFi (LIQ)

As soon as you've discovered (LIQ) Liquid DeFi, you will be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). And now we're going to make our Limit Order.

The “Price” field will be automatically filled with the most recent valuation Liquid DeFi (LIQ) was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of LIQ you wish to purchase. The “Total” field is the aggregated price in Bitcoin that you'll settle for the whole quantity of LIQ.

When you are glad, make a mouse click on “Buy LIQ”. Your order will be filled when a Vendor trades their LIQ for the price you submitted.

Step 5 – Withdraw (LIQ) Liquid DeFi

Unless you're regularly trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an longer period of time. To withdraw your Liquid DeFi (LIQ), hover over the tab called “Funds” and click on “Withdraw”. (LIQ) Liquid DeFi can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Liquid DeFi (LIQ) by using the given drop-down box. Drop in the quantity of Liquid DeFi (LIQ) you'd like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address.

If you're happy, click on “Submit”. You could be asked for verfication via email/phone ahead of a take off.

Kudos! You've successfully bought and safed (LIQ) Liquid DeFi.

That's it!

Withdrawals from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you have confirmed your withdrawal with Ethplorer.io or Etherscan.io and the (LIQ) Liquid DeFi is stored inside your wallet, you are finished.