A Step-by-Step-Guide on how to buy Lunch Money (LMY)
Step 1 – Signup to Coinbase and get 10$ for free You'll first need to purchase units of the major coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click below for registration and to get your welcome 10 Dollar.
Step 2 – Send Your Funds to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Lunch Money (LMY) is available on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this guide) Make sure you have selected the right coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. If you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow these easy steps).
Step 3 – Find Lunch Money (LMY) As soon as your deposit has been approved, you will now have access to your finances and you can start purchasing and trading. To invest in Lunch Money (LMY) on Binance, you will want to hover over the “Exchange” tab and after that click on “Basic”. To discover (LMY) Lunch Money, you will need to put the shortname of the coin (LMY) into the search box, which is highlighted in the image. Be certain of having choosen the right pairing, we've highlighted this too. Click on “LMY/BTC” to proceed.
Step 4 – Acquisition of (LMY) Lunch Money After you have spotted (LMY) Lunch Money, you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). And now we are going to create our own Limit Order. The field with the “Price” tag will be filled with the recent rate Lunch Money (LMY) was traded for. This can be changed to your desired price. The “Amount” field is the amount of LMY you wish to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the whole quantity of LMY. When you're satisfied, click on “Buy LMY”. Your order will be filled as soon as a Vendor trades their LMY for the price you gave.
Step 5 – Withdraw Lunch Money (LMY) Unless you are regularly trading, best advise is not to keep crypto coins on an Exchange for an extensive period of time. To take off your (LMY) Lunch Money, hover over the “Funds” tab and click on “Withdraw”. (LMY) Lunch Money can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Lunch Money (LMY) by using the given drop-down box. Put into the amount of (LMY) Lunch Money you would wish to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your correct withdraw address. If you're happy, make a mouse click on “Submit”. You could be requested for verfication via phone/email ahead of a take off.