A Step-by-Step-Guide on how to buy LockTrip (LOC)
Step 1 – Signup to Coinbase and receive 10$ in Bitcoin You'll first need to buy units of the bigger currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Follow the Link below for registration and getting BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transmit Your Funds to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. LockTrip (LOC) is accessible on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow these easy steps) Make sure you have selected the precise coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).
Step 3 – Locate (LOC) LockTrip As soon as your deposit has been approved, you'll directly have access to your funds and you can initiate buying and trading. To buy LockTrip (LOC) on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. In order to discover LockTrip (LOC), you'll need to insert the cointype (LOC) into the search box, which is marked in the picture. Make sure you have choosen the proper pairing, we've marked this too. Click on “LOC/BTC” to go ahead.
Step 4 – Purchasing (LOC) LockTrip After you have found (LOC) LockTrip, you will be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). And now we're creating our Limit Order. The field with the “Price” tag will be filled automatically with the latest price LockTrip (LOC) was traded for. You can change this to your preferred price. The “Amount” field is the amount of LOC you like to buy. The “Total” field is the aggregated price in Bitcoin that you'll settle for the complete quantity of LOC. If you are satisfied, make a mouse click on “Buy LOC”. Your plan will be filled when a Seller trades their LOC for the price you offered.
Step 5 – Withdraw LockTrip (LOC) Unless you're regularly trading, never keep your coins on an Cryptocurrency Exchange for an extended period of time. In order to withdraw your (LOC) LockTrip, hover over the “Funds” tab and click on “Withdraw”. LockTrip (LOC) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (LOC) LockTrip by using the given drop-down box. Drop in the amount of (LOC) LockTrip you would wish to take off. Take into account the presented fees/minimums. Also make sure you have filled your precise withdraw address. If you are happy, make a mouse click on “Submit”. You may be asked for verfication via email/phone before a take off.