How to Buy LOCIcoin (LOCI)

A Step-by-Step-Guide on how to buy LOCIcoin (LOCI)

Step 1 – Signup to Kraken

You'll first need to buy one of the top-tier currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below for registration and receive ETH (Ethereum) or BTC (Bitcoin).

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

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. LOCIcoin (LOCI) is available on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual)

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

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our how-to).

Step 3 – Find LOCIcoin (LOCI)

As soon as your deposit has been affirmed, you'll immediately have access to your assets and you can commence invest and trading. To purchase LOCIcoin (LOCI) on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”.

In order to discover LOCIcoin (LOCI), you'll need to put the cointype (LOCI) into the search box, which is highlighted in the graphic. Make sure you have choosen the correct grouping, we have highlighted this too. Click on “LOCI/BTC” to go ahead.

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

After you have located LOCIcoin (LOCI), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). For now we are going to make our Limit Order.

The field with the “Price” tag will be filled with the most recent price LOCIcoin (LOCI) was sold for. This can be changed to your preferred price. The field with the “Amount” tag is the amount of LOCI you wish to purchase. The ”Total” field is the total price in Bitcoin that you will settle for the complete amount of LOCI.

If you are happy, make a mouse click on “Buy LOCI”. Your plan will be filled when a Seller trades their LOCI for the price you submitted.

Step 5 – Withdraw LOCIcoin (LOCI)

Unless you are regularly trading, you should never keepyour coins on an Cryptocurrency Exchange for an extensive period of time. To take off your LOCIcoin (LOCI), hover over the tab called “Funds” and click on “Withdraw”. LOCIcoin (LOCI) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find LOCIcoin (LOCI) by using the given drop-down box. Put into the quantity of LOCIcoin (LOCI) you would like to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address.

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

Binance Withdraw

Congratulations! You've successfully bought and safed LOCIcoin (LOCI).

That's it!

Withdrawals from Cryptocurrency Exchange can durate between 1 – 30 minutes (depending on network usage). As soon as you have confirmed your take off with Ethplorer.io or Etherscan.io and the (LOCI) LOCIcoin is safe within your wallet, you are done.