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 Crypto Trader now. Every exchange has a deposit form that is alike. LCX (LCX) is available on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide)

Make sure you've chosen the precise coin you wish to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etcetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).

Step 3 – Find LCX (LCX)

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

To spot LCX (LCX), you will need to put the short name of the asset (LCX) into the search box, which is marked in the picture. Be certain of having selected the right pairing, we have marked this too. Click on “LCX/BTC” to proceed.

Step 4 – Acquisition of LCX (LCX)

After you have located LCX (LCX), you'll be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). For now we are making our own Limit Order.

The field with the “Price” tag will be automatically filled with the most up-to-date rate LCX (LCX) was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the quantity of LCX you like to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll settle for the complete amount of LCX.

If you're satisfied, click on “Buy LCX”. Your order will be filled when a Vendor trades their LCX for the price you gave.

Step 5 – Withdraw LCX (LCX)

Unless you're regularly trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an extensive time frame. In order to withdraw your LCX (LCX), go to the tab called “Funds” and click on “Withdraw”. LCX (LCX) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate LCX (LCX) by using the given drop-down box. Enter the amount of LCX (LCX) you would like to withdraw. Don't forget the presented minimus/fees. Also make sure you have filled your correct withdraw address.

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