A Step-by-Step-Guide on how to buy LOCIcoin (LOCI)
Step 1 – Join Coinbase and get 10$ for free You will first need to buy units of the major currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click the button below for registration and to get your first 10 Dollar.
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. LOCIcoin (LOCI) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual) 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 on. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).
Step 3 – Locate LOCIcoin (LOCI) As soon as your deposit has been affirmed, you'll instantly have access to your assets and you can initiate buying and trading. To invest in (LOCI) LOCIcoin on Binance, you'll want to go to the tab which is called “Exchange” and mouse click on “Basic”. In order to find (LOCI) LOCIcoin, you'll need to put the short name of the asset (LOCI) into the search-box, which is marked in the picture. Be certain of having selected the right pairing, we've marked this too. Click on “LOCI/BTC” to go on.
Step 4 – Purchasing LOCIcoin (LOCI) Once you've discovered LOCIcoin (LOCI), you'll be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). And now we're going to make our own Limit Order. The field with the “Price” tag will be filled with the most up-to-date rate (LOCI) LOCIcoin was traded for. You can change this to your desired price. The “Amount” field is the amount of LOCI you want to purchase. The field with the “Total” tag is the aggregated price in BTC that you will pay for the whole quantity of LOCI. When you're happy, click on “Buy LOCI”. Your order will be filled as soon as a Seller sells their LOCI for the price you submitted.
Step 5 – Withdraw LOCIcoin (LOCI) Unless you are regularly trading, best advise is not to keep crypto on an Crypto Exchange for an longer time frame. To take off your LOCIcoin (LOCI), go to the tab called “Funds” and mouse click on “Withdraw”. LOCIcoin (LOCI) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find LOCIcoin (LOCI) by using the provided drop-down box. Put into the amount of LOCIcoin (LOCI) you'd like to take off. Take into account the shown fees/minimums. Also make sure you have entered your correct withdraw address. When you are glad, click “Submit”. You could be asked for verfication via email/phone before a withdrawal.