A Step-by-Step-Guide on how to buy LocalCoinSwap (LCS)
Step 1 – Signup to Coinbase and recieve 10$ for free In the beginning you'll need to purchase one of the major currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below for registration and receive your first 10$.
Step 2 – Send Your Bitcoin or Ethereum to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. LocalCoinSwap (LCS) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Follow this manual) Make sure you have chosen the right coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Find LocalCoinSwap (LCS) Once your deposit has been approved, you will immediately have access to your finances and you can begin invest and trading. To purchase LocalCoinSwap (LCS) on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. To find LocalCoinSwap (LCS), you will need to put the short name of the asset (LCS) into the search-box, which is highlighted in the image. Make sure you have choosen the correct grouping, we have highlighted this too. Click on “LCS/BTC” to go ahead.
Step 4 – Purchase (LCS) LocalCoinSwap As soon as you've located (LCS) LocalCoinSwap, you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we are making our Limit Order. The ”Price” field will be filled automatically with the most latest valuation (LCS) LocalCoinSwap was sold for. You can change this to your preferred price. The field with the “Amount” tag is the quantity of LCS you like to buy. The ”Total” field is the whole price in BTC that you'll settle for the complete quantity of LCS. When you're glad, make a mouse click on “Buy LCS”. Your plan will be filled when a Vender sells their LCS for the price you offered.
Step 5 – Withdraw (LCS) LocalCoinSwap Unless you are regularly trading, best advise is not to keep your crypto coins on an Crypto Exchange for an extended time frame. To withdraw your (LCS) LocalCoinSwap, go to the tab called “Funds” and mouse click on “Withdraw”. (LCS) LocalCoinSwap can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (LCS) LocalCoinSwap by using the given drop-down box. Enter the volumen of (LCS) LocalCoinSwap you would wish to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your right withdraw address. If you are happy, click on “Submit”. You could be requested for phone/email verification ahead of a withdrawal.