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 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange

Your Bitcoin or Ethereum has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. LCX (LCX) is available on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this how-to)

Make sure you have chosen the precise coin you want to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow these easy steps).

Step 3 – Find LCX (LCX)

Once your deposit has been confirmed, you'll instantly have access to your assets and you can start invest and trading. To invest in LCX (LCX) on Binance, you will want to go to the ”Exchange” tab and then mouse click on “Basic”.

In order to find LCX (LCX), you will need to insert the short name of the asset (LCX) into the search box, which is highlighted in the picture. Make sure you have choosen the right grouping, we've highlighted this also. Click on “LCX/BTC” to continue.

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

As soon as you have located LCX (LCX), you'll be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). And now we're going to make our own Limit Order.

The ”Price” field will be filled automatically with the most latest valuation LCX (LCX) was traded for. You can change this to your favoured price. The field with the “Amount” tag is the volumen 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 quantity of LCX.

If you are satisfied, make a mouse click on “Buy LCX”. Your order will be filled when a Seller sells their LCX for the price you gave.

Step 5 – Withdraw LCX (LCX)

Unless you're regularly trading, best advise is not to keep crypto on an Exchange for an longer period of time. To take off your LCX (LCX), hover over the ”Funds” tab and mouse click on “Withdraw”. LCX (LCX) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find LCX (LCX) by using the given drop-down box. Enter the quantity of LCX (LCX) you'd wish to take off. Don't forget the presented fees/minimums. Also make sure you have filled your precise withdraw address.

If you're happy, make a mouse click on “Submit”. You could be asked for verfication via phone/email before a withdrawal.

Binance Withdraw

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

That's it!

Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you've proved your take off using Ethplorer.io or Etherscan.io and the (LCX) LCX is safe within your wallet, you are all done.
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