How to Buy LCX (LCX) in Azerbaijan

A Step-by-Step-Guide on how to buy LCX (LCX) in Azerbaijan

Step 1 – Join Coinbase – Get Free $10

You'll first need to buy units of the bigger currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click below to register and getting your first 10$.

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

Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. LCX (LCX) is obtainable on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual)

Make sure you have selected the right coin you want to deposit.

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

Step 3 – Locate {LCX (LCX)|(LCX) LCX}

As soon as your deposit has been verified, you will immediately have access to your finances and you can start buying and trading. To invest in {LCX (LCX)|(LCX) LCX} on Binance, you will want to go to the ”Exchange” tab and then click on “Basic”.

In order to find {LCX (LCX)|(LCX) LCX}, you will need to put the shortname of the coin (LCX) into the search-box, which is highlighted in the image. Make sure you have choosen the correct grouping, we've highlighted this too. Click on “LCX/BTC” to go ahead.

{How to buy Coin on Binance 1|Binance How To Buy 1} LCX (LCX)
Step 4 – Purchase {LCX (LCX)|(LCX) LCX}

After you have discovered {LCX (LCX)|(LCX) LCX}, you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). And now we're going to create our Limit Order.

The ”Price” field will be automatically filled with the latest price {LCX (LCX)|(LCX) LCX} was sold for. This can be changed to your desired rate. The ”Amount” field is the volumen of LCX you want to buy. The ”Total” field is the aggregated price in Bitcoin that you will pay for the complete volumen of LCX.

When you're happy, make a mouse click on “Buy LCX”. Your order will be filled as soon as a Vendor trades their LCX for the price you gave.

Step 5 – Withdraw {LCX (LCX)|(LCX) LCX}

Unless you're regularly trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an longer time frame. In order to withdraw your {LCX (LCX)|(LCX) LCX}, go to the tab called “Funds” and mouse click on “Withdraw”. {LCX (LCX)|(LCX) LCX} can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find {LCX (LCX)|(LCX) LCX} by using the given drop-down box. Drop in the amount of {LCX (LCX)|(LCX) LCX} you would like to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your right withdraw address.

If you're glad, make a mouse click on “Submit”. You could be asked for verfication via email/phone ahead of a withdrawal.

Congrats! You've successfully purchased and stored LCX (LCX) in Azerbaijan.

That's it!

Take offs from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (rely on network usage). Once you have confirmed your take off with Ethplorer.io or Etherscan.io and the {LCX (LCX)|(LCX) LCX} is stored in your wallet, you're all done.

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