How to Buy LOCK Token (LOCK)

A Step-by-Step-Guide on how to buy LOCK Token (LOCK)

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

You will first need to buy one of the major coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below to register and receive your welcome 10 Dollar.

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

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. LOCK Token (LOCK) is accessible on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow this how-to)

Make sure you've selected the exact coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etc. If you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our how-to).

Step 3 – Locate (LOCK) LOCK Token

Once your deposit has been verified, you will instantly have access to your funds and you can launch invest and trading. To purchase LOCK Token (LOCK) on Binance, you'll want to go to the “Exchange” tab and mouse click on “Basic”.

In order to locate LOCK Token (LOCK), you will need to put the shortname of the coin (LOCK) into the search-box, which is marked in the image. Make sure you have choosen the proper grouping, we've marked this too. Click on “LOCK/BTC” to go on.

Binance How To Buy 1 LOCK Token (LOCK)
Step 4 – Buy (LOCK) LOCK Token

As soon as you have located (LOCK) LOCK Token, you'll be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we're creating our Limit Order.

The field with the “Price” tag will be filled with the most recent tariff LOCK Token (LOCK) was traded for. You can change this to your favoured price. The “Amount” field is the amount of LOCK you want to purchase. The field with the “Total” tag is the total price in BTC that you will settle for the complete amount of LOCK.

If you are happy, click on “Buy LOCK”. Your plan will be filled when a Vender trades their LOCK for the price you submitted.

Step 5 – Withdraw LOCK Token (LOCK)

Unless you are regularly trading, best advise is not to keep coins on an Crypto Trader for an extended period of time. To withdraw your (LOCK) LOCK Token, hover over the tab called “Funds” and click on “Withdraw”. (LOCK) LOCK Token can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find LOCK Token (LOCK) by using the provided drop-down box. Drop in the quantity of LOCK Token (LOCK) you would wish to take off. Don't forget the shown fees/minimums. Also make sure you have filled your correct withdraw address.

If you are happy, click on “Submit”. You may be asked for phone/email verification ahead of a take off.

Kudos! You have successfully bought and stored (LOCK) LOCK Token.

That's it!

Withdrawals from Cryptocurrency Exchange can take between 1 – 30 minutes (depending on network usage). Once you've proved your withdrawal with Etherscan.io or Ethplorer.io and the (LOCK) LOCK Token is safe inside your wallet, you're all done.