A Step-by-Step-Guide on how to buy Lumos (LMS)
Step 1 – Signup to Coinbase and recieve 10$ for free You will first need to purchase one of the major coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click below to register and receive your first 10 Dollar.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Lumos (LMS) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual) Make sure you have chosen the precise coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. If you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).
Step 3 – Locate (LMS) Lumos Once your deposit has been affirmed, you'll now have access to your funds and you can launch purchasing and trading. To buy (LMS) Lumos on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. In order to find (LMS) Lumos, you'll need to put the shortname of the coin (LMS) into the search-box, which is highlighted in the graphic. Make sure you have selected the correct grouping, we've marked this also. Click on “LMS/BTC” to advance.
Step 4 – Purchasing Lumos (LMS) Once you have located Lumos (LMS), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). Next we're creating our own Limit Order. The “Price” field will be automatically filled with the up-to-date tariff (LMS) Lumos was sold for. This can be changed to your desired price. The field with the “Amount” tag is the volumen of LMS you want to buy. The “Total” field is the whole price in Bitcoin that you'll pay for the complete amount of LMS. If you are happy, make a mouse click on “Buy LMS”. Your order will be filled when a Vendor sells their LMS for the price you gave.
Step 5 – Withdraw (LMS) Lumos Unless you are frequently trading, best advise is not to keep your crypto on an Crypto Exchange for an extensive time frame. In order to withdraw your Lumos (LMS), go to the tab called “Funds” and mouse click on “Withdraw”. Lumos (LMS) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Lumos (LMS) by using the provided drop-down box. Enter the quantity of (LMS) Lumos you would like to withdraw. Take into account the presented minimus/fees. Also make sure you have entered your correct withdraw address. When you're happy, click “Submit”. You may be requested for email/phone verification before a take off.