A Step-by-Step-Guide on how to buy Lynx (LYNX)
Step 1 – Join Coinbase and recieve 10$ for free You'll first need to purchase one of the major currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Follow the Link below for registration and receive your welcome 10$.
Step 2 – Send Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Bitcoin or Ethereum will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Lynx (LYNX) is available on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this how-to) Make sure you have selected the correct coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Locate Lynx (LYNX) As soon as your deposit has been verified, you will instantly have access to your funds and you can start purchasing and trading. To invest in Lynx (LYNX) on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. In order to locate (LYNX) Lynx, you'll need to insert the cointype (LYNX) into the search-box, which is marked in the image. Make sure you have selected the correct grouping, we've highlighted this too. Click on “LYNX/BTC” to go on.
Step 4 – Purchase Lynx (LYNX) Once you've spotted Lynx (LYNX), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). And now we're going to make our Limit Order. The “Price” field will be filled with the latest rate Lynx (LYNX) was traded for. This can be changed to your preferred rate. The field with the “Amount” tag is the quantity of LYNX you like to purchase. The “Total” field is the aggregated price in BTC that you will pay for the complete amount of LYNX. If you are happy, click on “Buy LYNX”. Your order will be filled when a Vendor sells their LYNX for the price you offered.
Step 5 – Withdraw (LYNX) Lynx Unless you are frequently trading, never keep your crypto coins on an Crypto Trader for an extensive period of time. In order to take off your Lynx (LYNX), go to the “Funds” tab and click on “Withdraw”. Lynx (LYNX) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Lynx (LYNX) by using the provided drop-down box. Enter the volumen of (LYNX) Lynx you would wish to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your precise withdraw address. When you are glad, click on “Submit”. You could be asked for email/phone verification before a withdrawal.