A Step-by-Step-Guide on how to buy LoveChain (LOV)
Step 1 – Signup to Coinbase and recieve 10$ for free You will first need to purchase units of the bigger coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below to register and to get your first 10$.
Step 2 – Transfer Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. LoveChain (LOV) is available on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this manual) Make sure you have chosen the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, et cetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Find (LOV) LoveChain Once your deposit has been verified, you'll instantly have access to your assets and you can begin purchasing and trading. To buy LoveChain (LOV) on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”. To spot (LOV) LoveChain, you'll need to insert the cointype (LOV) into the search box, which is marked in the graphic. Be certain of having selected the proper grouping, we have marked this too. Click on “LOV/BTC” to progress.
Step 4 – Purchase LoveChain (LOV) After you have spotted LoveChain (LOV), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). For now we're creating our own Limit Order. The field with the “Price” tag will be automatically filled with the most recent price LoveChain (LOV) was sold for. This can be changed to your desired rate. The “Amount” field is the quantity of LOV you like to purchase. The field with the “Total” tag is the total price in Bitcoin that you will pay for the complete amount of LOV. When you are happy, make a mouse click on “Buy LOV”. Your plan will be filled as soon as a Vendor trades their LOV for the price you gave.
Step 5 – Withdraw (LOV) LoveChain Unless you are regularly trading, best advise is not to keep your crypto on an Crypto Trader for an extended period of time. In order to take off your (LOV) LoveChain, hover over the tab called “Funds” and mouse click on “Withdraw”. LoveChain (LOV) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate LoveChain (LOV) by using the provided drop-down box. Put into the quantity of (LOV) LoveChain you'd like to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your right withdraw address. If you are happy, click “Submit”. You may be requested for verfication via phone/email ahead of a withdrawal.