A Step-by-Step-Guide on how to buy LoveChain (LOV)
Step 1 – Join Coinbase and receive 10$ in Bitcoin You will first need to buy units of the bigger coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below to register and receive BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your Funds to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. LoveChain (LOV) is available on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Just follow these easy steps) Make sure you've chosen the precise coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, et cetera. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our how-to).
Step 3 – Find LoveChain (LOV) As soon as your deposit has been approved, you'll directly have access to your funds and you can begin buying and trading. To invest in (LOV) LoveChain on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”. In order to discover LoveChain (LOV), you will need to insert the shortname of the coin (LOV) into the search-box, which is marked in the image. Make sure you have selected the right pairing, we have highlighted this too. Click on “LOV/BTC” to proceed.
Step 4 – Acquisition of (LOV) LoveChain Once you have spotted LoveChain (LOV), you will be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). Next we're making our Limit Order. The “Price” field will be filled with the most recent price (LOV) LoveChain was sold for. This can be changed to your preferred price. The field with the “Amount” tag is the amount of LOV you want to purchase. The “Total” field is the total price in Bitcoin that you'll settle for the whole quantity of LOV. If you're glad, click on “Buy LOV”. Your plan will be filled as soon as a Vendor trades their LOV for the price you offered.
Step 5 – Withdraw LoveChain (LOV) Unless you're regularly trading, you should never keepyour coins on an Crypto Trader for an extended time period. In order to take off your LoveChain (LOV), hover over the “Funds” tab and mouse click on “Withdraw”. LoveChain (LOV) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find LoveChain (LOV) by using the given drop-down box. Put into the amount of (LOV) LoveChain you'd like to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your right withdraw address. If you're glad, make a mouse click on “Submit”. You may be requested for verfication via phone/email ahead of a take off.