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 ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. LCX (LCX) is accessible on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this guide)

Make sure you've chosen the exact coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. In the case you're using a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our how-to).

Step 3 – Find LCX (LCX)

Once your deposit has been approved, you'll now have access to your finances and you can start purchasing and trading. To purchase LCX (LCX) on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”.

In order to locate LCX (LCX), you'll need to insert the cointype (LCX) into the search box, which is marked in the picture. Make sure you have choosen the proper pairing, we have marked this also. Click on “LCX/BTC” to progress.

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

As soon as you've located LCX (LCX), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we are going to create our Limit Order.

The ”Price” field will be automatically filled with the recent rate LCX (LCX) was sold for. You can change this to your favoured rate. The ”Amount” field is the amount of LCX you like to purchase. The ”Total” field is the whole price in BTC that you will settle for the complete amount of LCX.

If you are satisfied, 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 are trading, best advise is not to keep coins on an Crypto Trader for an extended period of time. 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, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

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

If you are happy, make a mouse click on “Submit”. You may be asked for email/phone verification before a withdrawal.

Binance Withdraw

Kudos! You have successfully bought and safed LCX (LCX).

That's it!

Take offs from Exchange can take anywhere from 1 – 30 minutes (rely on network usage). As soon as you've proved your take off using Ethplorer.io or Etherscan.io and the (LCX) LCX is safe inside your wallet, you're done.

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