A Step-by-Step-Guide on how to buy LocalCoinSwap (LCS)
Step 1 – Join CEX.io You will first need to purchase units of the bigger coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for alternative Coins. Click the button below for registration and to get Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. LocalCoinSwap (LCS) is accessible on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you have chosen the exact coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow our guide).
Step 3 – Locate LocalCoinSwap (LCS) As soon as your deposit has been approved, you'll directly have access to your finances and you can initiate invest and trading. To invest in LocalCoinSwap (LCS) on Binance, you'll want to hover over the ”Exchange” tab and after that mouse click on “Basic”. To spot LocalCoinSwap (LCS), you'll need to put the short name of the asset (LCS) into the search box, which is marked in the image. Make sure you have choosen the proper pairing, we have marked this also. Click on “LCS/BTC” to progress.
Step 4 – Purchase LocalCoinSwap (LCS) Once you have found LocalCoinSwap (LCS), you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). And now we're creating our own Limit Order. The ”Price” field will be filled with the most latest rate LocalCoinSwap (LCS) was traded for. You can change this to your desired price. The ”Amount” field is the amount of LCS you wish to buy. The ”Total” field is the whole price in Bitcoin that you will settle for the complete amount of LCS. If you are satisfied, make a mouse click on “Buy LCS”. Your plan will be filled as soon as a Vendor trades their LCS for the price you offered.
Step 5 – Withdraw LocalCoinSwap (LCS) Unless you are frequently trading, best advise is not to keep your crypto coins on an Crypto Trader for an extensive time frame. To take off your LocalCoinSwap (LCS), go to the tab called “Funds” and mouse click on “Withdraw”. LocalCoinSwap (LCS) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate LocalCoinSwap (LCS) by using the given drop-down box. Put into the volumen of LocalCoinSwap (LCS) you would like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address. If you are glad, make a mouse click on “Submit”. You may be requested for verfication via phone/email before a take off.