A Step-by-Step-Guide on how to buy LocalCoinSwap (LCS)
Step 1 – Join Coinbase and recieve 10$ for free You'll first need to purchase one of the top-tier currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below for registration and to get your welcome $10.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. 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 Crypto Exchange? (Follow this how-to) Make sure you have selected the correct coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Find LocalCoinSwap (LCS) As soon as your deposit has been verified, you will immediately have access to your funds and you can begin purchasing and trading. To purchase (LCS) LocalCoinSwap on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. To discover (LCS) LocalCoinSwap, you'll need to put the cointype (LCS) into the search-box, which is marked in the image. Be certain of having choosen the proper pairing, we've highlighted this also. Click on “LCS/BTC” to progress.
Step 4 – Purchasing LocalCoinSwap (LCS) As soon as you have discovered (LCS) LocalCoinSwap, you will be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). For now we're making our own Limit Order. The “Price” field will be filled automatically with the up-to-date rate LocalCoinSwap (LCS) was traded for. You can change this to your favoured price. The field with the “Amount” tag is the amount of LCS you want to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the complete volumen of LCS. When you're satisfied, click on “Buy LCS”. Your plan will be filled when a Vendor trades their LCS for the price you submitted.
Step 5 – Withdraw LocalCoinSwap (LCS) Unless you are trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an extensive time period. 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 (LCS) LocalCoinSwap by using the given drop-down box. Drop in the amount of (LCS) LocalCoinSwap you'd wish to take off. Take into account the shown fees/minimums. Also make sure you have filled your precise withdraw address. If you're glad, click on “Submit”. You could be asked for email/phone verification ahead of a take off.