Purchasing EthLend is easy to do through the Coinbase and KuCoin exchanges.
After you have purchased EthLend, it can be stored on the exchange itself, but for larger purchases we recommend storing coins on your own personal offline wallet.
Below are the 5 easy steps to buy EthLend (LEND) coins. The steps include 1) Signing up to Coinbase, 2) Signing up to KuCoin, 3) Transferring Bitcoin to KuCoin, 4) Purchasing EthLend, and 5) Securely storing your EthLend tokens.
STEP 1: SIGN UP TO COINBASE
The first step is to setup a Coinbase account so you can convert USD into BTC or ETH. Then you need to transfer your BTC to the KuCoin exchange where EthLend can be purchased.
Once the BTC is in your KuCoin account, you will be able to buy EthLend.
(use the link above to get a $10 Free Signup Bonus!)
STEP 2: SIGN UP TO KUCOIN
Next you need to signup to KuCoin, the exchange which EthLend can be purchased on. Once Bitcoin is transferred from your Coinbase account to the KuCoin exchange, you are ready to buy EthLend.
STEP 3: TRANSFER BITCOIN TO YOUR KUCOIN ACCOUNT
To transfer Bitcoin into your KuCoin account, log into KuCoin and click on “Assets” on the top menu.
Scroll down the list of coins until you find Bitcoin (BTC) and click “Deposit.”
Copy the address.
Now go back to Coinbase > click Accounts > select BTC Wallet > click Send > select the amount you want to transfer to KuCoin > paste the unique address your previously copied from your KuCoin account and click Continue.
STEP 4: PURCHASE ETHLEND COINS
Now that you have BTC in your KuCoin account, it’s time to buy EthLend.
In KuCoin, click on “Markets” on the top header menu then insert “LEND” in the search field and select “LEND/BTC“(you have to be logged in).
Next, insert the amount of EthLend you would like to purchase and click “Buy.”
Congrats, you now own EthLend!
STEP 5: STORE ON A SECURE WALLET
You can keep your EthLend coins on KuCoin, but an offline wallet is recommended for larger purchases.
It’s definitely the safest and best option. Everything is offline. It doesn’t cover everything but it’s very good.