How to Buy LCX (LCX)

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).

Binance Signup
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. LCX (LCX) is available on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this guide)

Make sure you've selected the exact coin you wish to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so on. If you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our how-to).

Step 3 – Find LCX (LCX)

As soon as your deposit has been affirmed, you will now have access to your assets and you can commence buying and trading. To invest in LCX (LCX) on Binance, you'll want to go to the ”Exchange” tab and then click on “Basic”.

In order to find LCX (LCX), you will need to insert the shortname of the coin (LCX) into the search-box, which is marked in the graphic. Make sure you have choosen the right grouping, we have highlighted this too. Click on “LCX/BTC” to progress.

Binance Hot To Buy LCX (LCX)
Binance How to Buy (LCX) LCX
Step 4 – Purchase LCX (LCX)

Once you've located LCX (LCX), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). For now we're going to create our own Limit Order.

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

If you are glad, click on “Buy LCX”. Your plan will be filled when a Seller trades their LCX for the price you introduced.

Step 5 – Withdraw LCX (LCX)

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

Locate LCX (LCX) by using the given drop-down box. Enter the quantity of LCX (LCX) you'd like to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your precise withdraw address.

If you are satisfied, make a mouse click on “Submit”. You could be asked for verfication via email/phone before a take off.

Binance Withdraw

Kudos! You've successfully bought and safed LCX (LCX).

That's it!

Take offs from Exchange can durate between 1 – 30 minutes (rely on network usage). Once you have confirmed your withdrawal using Etherscan.io or Ethplorer.io and the (LCX) LCX is stored within your wallet, you are done.

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