How to Buy Locus Chain (LOCUS)

Step 1 – Signup to Kraken

You will first need to buy one of the major coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click the button below for registration and to get Ethereum or Bitcoin.

Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange

Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Locus Chain (LOCUS) is available on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Follow this how-to)

Make sure you have chosen the exact coin you would like to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our how-to).

Step 3 – Find Locus Chain (LOCUS)

As soon as your deposit has been confirmed, you will directly have access to your assets and you can begin invest and trading. To invest in Locus Chain (LOCUS) on Binance, you'll want to go to the ”Exchange” tab and after that click on “Basic”.

In order to locate Locus Chain (LOCUS), you will need to put the cointype (LOCUS) into the search-box, which is marked in the image. Be certain of having selected the correct grouping, we have highlighted this too. Click on “LOCUS/BTC” to progress.

Step 4 – Acquisition of Locus Chain (LOCUS)

As soon as you have spotted Locus Chain (LOCUS), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). And now we're going to make our own Limit Order.

The field with the “Price” tag will be filled with the most recent rate Locus Chain (LOCUS) was traded for. You can change this to your preferred price. The field with the “Amount” tag is the quantity of LOCUS you like to buy. The ”Total” field is the total price in Bitcoin that you will pay for the complete quantity of LOCUS.

If you are happy, make a mouse click on “Buy LOCUS”. Your order will be filled as soon as a Vendor sells their LOCUS for the price you introduced.

Step 5 – Withdraw Locus Chain (LOCUS)

Unless you're frequently trading, best advise is not to keep your coins on an Crypto Exchange for an extended time period. To take off your Locus Chain (LOCUS), hover over the ”Funds” tab and mouse click on “Withdraw”. Locus Chain (LOCUS) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Locus Chain (LOCUS) by using the given drop-down box. Drop in the volumen of Locus Chain (LOCUS) you'd wish to withdraw. Take into account the presented fees/minimums. Also make sure you have entered your precise withdraw address.

If you are satisfied, make a mouse click on “Submit”. You may be requested for verfication via email/phone ahead of a take off.