A Step-by-Step-Guide on how to buy LOCIcoin (LOCI)
Step 1 – Signup to CEX.io You will first need to purchase one of the bigger coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below for registration and to get Bitcoin or Ethereum.
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. LOCIcoin (LOCI) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow these easy steps) Make sure you've chosen the precise coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Locate LOCIcoin (LOCI) Once your deposit has been confirmed, you will directly have access to your assets and you can initiate invest and trading. To invest in LOCIcoin (LOCI) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”. To spot LOCIcoin (LOCI), you will need to insert the shortname of the coin (LOCI) into the search box, which is marked in the graphic. Make sure you have choosen the right pairing, we've marked this too. Click on “LOCI/BTC” to proceed.
Step 4 – Acquisition of (LOCI) LOCIcoin Once you've discovered (LOCI) LOCIcoin, you will be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). And now we are making our Limit Order. The field with the “Price” tag will be filled with the most recent valuation (LOCI) LOCIcoin was sold for. You can change this to your desired rate. The field with the “Amount” tag is the volumen of LOCI you wish to buy. The ”Total” field is the aggregated price in Bitcoin that you will pay for the complete volumen of LOCI. When you are happy, click on “Buy LOCI”. Your plan will be filled as soon as a Vender trades their LOCI for the price you introduced.
Step 5 – Withdraw LOCIcoin (LOCI) Unless you are frequently trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an longer time frame. In order to withdraw your LOCIcoin (LOCI), go to the tab called “Funds” and click on “Withdraw”. LOCIcoin (LOCI) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find LOCIcoin (LOCI) by using the provided drop-down box. Enter the quantity of LOCIcoin (LOCI) you would wish to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have entered your right withdraw address. If you are satisfied, click “Submit”. You could be requested for verfication via phone/email ahead of a take off.