A Step-by-Step-Guide on how to buy LocalCoinSwap (LCS)
Step 1 – Signup to CEX.io In the beginning you'll need to purchase one of the top-tier currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below for registration and to get your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. LocalCoinSwap (LCS) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Follow these easy steps) Make sure you have chosen the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Find (LCS) LocalCoinSwap Once your deposit has been verified, you will instantly have access to your assets and you can launch invest and trading. To buy (LCS) LocalCoinSwap on Binance, you will want to hover over the tab which is called “Exchange” and mouse click on “Basic”. To find (LCS) LocalCoinSwap, you will need to insert the shortname of the coin (LCS) into the search-box, which is highlighted in the picture. Be certain of having selected the proper pairing, we've highlighted this too. Click on “LCS/BTC” to progress.
Step 4 – Buy LocalCoinSwap (LCS) After you have found LocalCoinSwap (LCS), you will be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). For now we're creating our Limit Order. The ”Price” field will be automatically filled with the most up-to-date price LocalCoinSwap (LCS) was sold for. You can change this to your preferred price. The ”Amount” field is the volumen of LCS you want to purchase. The field with the “Total” tag is the total price in Bitcoin that you will settle for the whole volumen of LCS. If you are glad, click on “Buy LCS”. Your order will be filled as soon as a Seller sells their LCS for the price you gave.
Step 5 – Withdraw LocalCoinSwap (LCS) Unless you are trading, you should never keepyour coins on an Crypto Trader for an extended time frame. In order to withdraw your LocalCoinSwap (LCS), hover over the tab called “Funds” and mouse click on “Withdraw”. LocalCoinSwap (LCS) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find LocalCoinSwap (LCS) by using the provided drop-down box. Enter the volumen of LocalCoinSwap (LCS) you would like to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have filled your right withdraw address. If you are satisfied, click “Submit”. You may be requested for phone/email verification before a take off.