A Step-by-Step-Guide on how to buy LCX (LCX)
Step 1 –
Join Kraken
You will first need to purchase units of the top-tier currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below for registration and to get Ethereum (ETH) or Bitcoin (BTC).
Step 2 –
Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader
Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. LCX (LCX) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this how-to)
Make sure you have selected the precise coin you would like to deposit.
BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etcetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our how-to).
Step 3 –
Find LCX (LCX)
As soon as your deposit has been verified, you will directly have access to your finances and you can initiate invest and trading. To purchase LCX (LCX) on Binance, you will want to go to the ”Exchange” tab and after that click on “Basic”.
To find LCX (LCX), you'll need to insert the short name of the asset (LCX) into the search box, which is marked in the graphic. Be certain of having choosen the right grouping, we've marked this also. Click on “LCX/BTC” to progress.
Step 4 –
Purchasing LCX (LCX)
After you've discovered LCX (LCX), you will be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). And now we're going to create our own Limit Order.
The ”Price” field will be filled with the most latest valuation LCX (LCX) was traded for. This can be changed to your preferred rate. The ”Amount” field is the amount of LCX you want to buy. The field with the “Total” tag is the whole price in BTC that you will settle for the whole volumen of LCX.
If you're glad, click on “Buy LCX”. Your plan will be filled when a Seller trades their LCX for the price you offered.
Step 5 –
Withdraw LCX (LCX)
Unless you are regularly trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an longer period of time. To withdraw your LCX (LCX), hover over the tab called “Funds” and click on “Withdraw”. LCX (LCX) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)
Locate LCX (LCX) by using the given drop-down box. Enter the volumen of LCX (LCX) you would wish to withdraw. Take into account the presented minimus/fees. Also make sure you have entered your correct withdraw address.
When you're happy, click “Submit”. You may be asked for verfication via phone/email ahead of a withdrawal.