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 – Transmit Your Funds to an Crypto Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. LCX (LCX) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this how-to)

Make sure you have selected the right coin you want to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our manual).

Step 3 – Locate LCX (LCX)

Once your deposit has been approved, you will directly have access to your assets and you can start buying and trading. To invest in LCX (LCX) on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”.

To locate LCX (LCX), you will need to put the shortname of the coin (LCX) into the search-box, which is highlighted in the image. Make sure you have selected the correct grouping, we've highlighted this too. Click on “LCX/BTC” to go on.

Step 4 – Buy LCX (LCX)

As soon as you've discovered LCX (LCX), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). And now we are going to make our own Limit Order.

The ”Price” field will be automatically filled with the most recent tariff LCX (LCX) was sold for. This can be changed to your favoured rate. The ”Amount” field is the amount of LCX you wish to buy. The field with the “Total” tag is the total price in BTC that you'll pay for the complete amount of LCX.

When you're glad, make a mouse click on “Buy LCX”. Your plan will be filled as soon as a Seller sells their LCX for the price you offered.

Step 5 – Withdraw LCX (LCX)

Unless you're frequently trading, best advise is not to keep crypto on an Crypto Trader for an extended time frame. In order to withdraw your LCX (LCX), hover over the tab called “Funds” and mouse click on “Withdraw”. LCX (LCX) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate LCX (LCX) by using the provided drop-down box. Put into the amount of LCX (LCX) you'd wish to take off. Don't forget the displayed minimus/fees. Also make sure you have entered your correct withdraw address.

When you are satisfied, click on “Submit”. You could be requested for phone/email verification before a withdrawal.