How to Buy Lisk (LSK)

A Step-by-Step-Guide on how to buy Lisk (LSK)

Step 1 – Signup to Coinbase and get 10$ for free

You'll first need to purchase one of the major coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below to register and receive your welcome $10.

Binance Signup
Step 2 – Transmit Your Bitcoin or Ethereum to an Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Lisk (LSK) is obtainable on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this guide)

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

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etc. If you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow these easy steps).

Step 3 – Find (LSK) Lisk

As soon as your deposit has been verified, you will directly have access to your assets and you can begin invest and trading. To buy Lisk (LSK) on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”.

In order to discover (LSK) Lisk, you will need to put the short name of the asset (LSK) into the search box, which is marked in the picture. Be certain of having selected the proper pairing, we've highlighted this also. Click on “LSK/BTC” to advance.

Binance How To Buy 1 Lisk (LSK)
Step 4 – Buying Lisk (LSK)

As soon as you've discovered (LSK) Lisk, you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we're making our own Limit Order.

The field with the “Price” tag will be automatically filled with the recent valuation Lisk (LSK) was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the volumen of LSK you want to buy. The “Total” field is the total price in Bitcoin that you will settle for the whole amount of LSK.

When you are satisfied, click on “Buy LSK”. Your order will be filled when a Vendor sells their LSK for the price you gave.

Step 5 – Withdraw (LSK) Lisk

Unless you're trading, best advise is not to keep crypto on an Exchange for an extensive time period. To take off your Lisk (LSK), hover over the tab called “Funds” and click on “Withdraw”. Lisk (LSK) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find (LSK) Lisk by using the provided drop-down box. Drop in the volumen of (LSK) Lisk you'd wish to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address.

If you are glad, make a mouse click on “Submit”. You may be asked for verfication via phone/email before a take off.

Kudos! You have successfully purchased and stored (LSK) Lisk.

That's it!

Take offs from Crypto Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). As soon as you have confirmed your withdrawal using Ethplorer.io or Etherscan.io and the Lisk (LSK) is stored in your wallet, you are all done.