How to Buy Lisk at COSS (LSK) - Coin Street

This is a short guide to safely buying Lisk (also known as LSK coin) on the COSS exchangeCOSS is a fast-growing exchange where you can buy Altcoins (meaning “alternative coins”).

(Affiliate Disclosure: Some of the links in this post are affiliate links. At no additional cost to you, we’ll earn a commission if you decide to make a purchase after clicking through the link.  Read our Affiliate Disclosure.)

What is Lisk

The Lisk network is a decentralized powerhouse. By utilizing our extensive user base, end users and developers can find third party nodes to execute future blockchain applications through servers all over the world in a truly decentralized manner.

As a developer, grow the application’s user base through the combined efforts of the Lisk Directory and the Lisk global community network.

LSK Token Details

Official Website: https://lisk.io
Name: Lisk
Token: LSK
Total Supply: “Unknown”
Circulating Supply: 116,789,020

Step 1 – Register at COSS

To buy the token, you first need to sign up at COSS.

First go to exchange.coss.io.

Go ahead and Register at COSS by adding your personal details.

To sign up for COSS you’ll need a valid email address and create a secure password.

Create a strong Password, click the check boxes for the COSS terms and conditions and the anti-spam captcha.

Click “Register Account”.

how to register for coss account

Step 2 – Activate Your COSS Account.

You’ll be asked to activate your account before you can log in on COSS.

Go to the email you entered and click on the link sent by COSS to complete the registration process.

register at coss exchange to buy altcoins

Step 3 – Log On to Your New COSS Account

Go back to Coss.io and use your new account details to log in.

Step 4 – Fund your COSS Wallet.

Before you can buy your new tokens, you need to have funds in your COSS wallet.

Note that you can’t send fiat currency direct to COSS.  Instead you need to send your favorite crypto (we recommend ETH or LTC due to low transaction costs and fast transfer times).

The easiest way is to buy crypto at Coinbase.com then send it to COSS.

How to Buy Bitcoin at Coinbase

Back at Coss, click the “Funds” link on the top menu bar, then the “Deposits” link on the sub-menu that pops up.

deposit funds at coss exchange to buy altcoins

You now need to find the deposit address for the specific type of crypto you are transferring over from Coinbase.

In this example we’re using ETH.

Find and click on the ETH button.

deposit eth at coss exchange to buy altcoins

Now, copy the ETH Deposit Address and use that as the destination/outward address at your Coinbase account.

eth address at coss exchange to buy altcoins

 

Wait a few minutes and the crypto (ETH in this case) will be credited to your Coss account.

Step 5: Trade your Ether for LSK tokens.

Click on the ‘Exchange’ link at the top menu, near the Coss logo.

Search for the LSK/ETH pair among the list displayed on the page.  Do this by selecting the “ETH” tab and clicking on the coin pair you would like to buy.

buy altcoins at coss exchange

Under the LSK/ETH chart, you’ll find the Buy LSK section.

buy Lisk (LSK) at coss exchange

The first box with the Amount label is where you enter the number of LSK tokens you plan to buy.

The first box with the Price label displays how much ETH or fraction of ETH you pay to buy each LSK token.

The Total box shows how much Ether in total you are paying for the transaction. This includes any transaction fees by Coss.

Ready to buy?

Go ahead and Click on the “BUY COIN” button.

Are you new to Bitcoin?  For a limited time only, you can grab our Bitcoin for Beginners course for absolutely free.  You can get access right here.

 

Important Notice

This content for educational purposes only and should not be considered investment advice or a trading recommendation.    Buying any cryptocurrency involves a lot of risk.    The cryptocurrency market is highly volatile and any money you invest is at your own risk. TL:DR – crypto is risky, don’t spend money you can’t afford to lose. Now would be a great time to read our full Terms of Use and our Affiliate Disclosure.

  • Doc
  • January 8, 2018
close

get free access To:

BITCOIN FOR BEGINNERS

bitcoin for beginners course