How to Buy Lung Protocol (L2P)

A Step-by-Step-Guide on how to buy Lung Protocol (L2P)

Step 1 – Join Coinbase and recieve 10$ for free

You will first need to buy one of the major coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below for registration and receive your first 10$.

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

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Lung Protocol (L2P) is available on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Follow these easy steps)

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

Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so forth. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our guide).

Step 3 – Locate Lung Protocol (L2P)

Once your deposit has been approved, you'll now have access to your finances and you can initiate invest and trading. To buy Lung Protocol (L2P) on Binance, you will want to go to the “Exchange” tab and click on “Basic”.

To discover (L2P) Lung Protocol, you will need to put the short name of the asset (L2P) into the search-box, which is marked in the picture. Be certain of having choosen the correct pairing, we have marked this too. Click on “L2P/BTC” to go on.

Binance How To Buy 1 Lung Protocol (L2P)
Step 4 – Purchase Lung Protocol (L2P)

As soon as you have found Lung Protocol (L2P), you'll be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). For now we're going to make our own Limit Order.

The “Price” field will be automatically filled with the up-to-date tariff Lung Protocol (L2P) was traded for. You can change this to your favoured price. The “Amount” field is the quantity of L2P you want to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the complete amount of L2P.

When you are satisfied, click on “Buy L2P”. Your order will be filled when a Vendor trades their L2P for the price you gave.

Step 5 – Withdraw (L2P) Lung Protocol

Unless you're trading, best advise is not to keep crypto on an Exchange for an extensive period of time. To take off your Lung Protocol (L2P), go to the “Funds” tab and click on “Withdraw”. (L2P) Lung Protocol can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find (L2P) Lung Protocol by using the provided drop-down box. Put into the quantity of Lung Protocol (L2P) you'd like to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your precise withdraw address.

When you're happy, click on “Submit”. You could be requested for verfication via email/phone before a take off.

Congrats! You have successfully bought and stored (L2P) Lung Protocol.

That's it!

Take offs from Exchange can durate between 1 – 30 minutes (depending on usage of the network). Once you've proved your take off with Etherscan.io or Ethplorer.io and the (L2P) Lung Protocol is safe inside your wallet, you're finished.