How to purchase LayerK token

Follow this easy tutorial to purchase LayerK (LYK) and SLYK tokens through Wallek. Learn the step-by-step process and explore the benefits of using LayerK tokens.

Step 1 : Navigate to Koinbay exchange - https://www.koinbay.com/ Step 2 : Create an account or use an existing account in Koinbay

Step 3 : Purchase some cLFi tokens in Koinbay or deposit your existing cLFi tokens from non custodial wallet

Step 4 : Use the trading pair cLFi / LYK , https://www.koinbay.com/en_US/trade/cLFi_LYK?type=spot to trade your cLFi tokens into LayerK

How to transfer LayerK token from KoinBay :

Step 1 : After successful conversion of cLFi into LYK, users need to move their tokens into non custodial wallet such as metamask

Step 2 : Click on assets overview

Step 3 : click on spot and select the LYK token, click on the withdraw option for that specific token

Step 4 : Complete 2FA using mobile binding or google authentication in order to proceed with token withdrawal.

Step 5 : Select the asset Lyk from the dropdown

Step 6 : Input your metamask public wallet address

Step 7 : Select the Matic chain for withdrawal as Wallek is supported only on Matic for now

Step 8 : Input the withdrawal amount and click on confirm withdrawal

Step 9 : Users should have some Matic tokens in the same wallet for proceeding with Wallek transactions and blockchain gas fee