A Step-by-Step-Guide on how to buy Lyfe (LYFE)
Step 1 – Join Coinbase and receive 10$ in Bitcoin In the beginning you'll need to purchase one of the bigger currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click below for registration and to get Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Lyfe (LYFE) is available on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this guide) Make sure you have selected the correct coin you want to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Find Lyfe (LYFE) As soon as your deposit has been confirmed, you will directly have access to your finances and you can start buying and trading. To purchase Lyfe (LYFE) on Binance, you will want to hover over the tab which is called “Exchange” and click on “Basic”. To discover (LYFE) Lyfe, you'll need to put the cointype (LYFE) into the search box, which is highlighted in the image. Be certain of having selected the proper grouping, we have highlighted this also. Click on “LYFE/BTC” to go ahead.
Step 4 – Buy (LYFE) Lyfe As soon as you've spotted Lyfe (LYFE), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the picture). For now we're going to create our own Limit Order. The field with the “Price” tag will be automatically filled with the recent price (LYFE) Lyfe was sold for. You can change this to your desired rate. The field with the “Amount” tag is the amount of LYFE you wish to purchase. The “Total” field is the whole price in Bitcoin that you will settle for the whole quantity of LYFE. If you're glad, make a mouse click on “Buy LYFE”. Your plan will be filled as soon as a Seller sells their LYFE for the price you submitted.
Step 5 – Withdraw Lyfe (LYFE) Unless you're regularly trading, never keep your crypto on an Crypto Trader for an extensive period of time. In order to withdraw your (LYFE) Lyfe, hover over the “Funds” tab and mouse click on “Withdraw”. Lyfe (LYFE) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (LYFE) Lyfe by using the given drop-down box. Enter the amount of Lyfe (LYFE) you would like to withdraw. Take into account the displayed minimus/fees. Also make sure you have entered your right withdraw address. If you are satisfied, click on “Submit”. You may be asked for verfication via phone/email before a take off.