How to Buy LocalCoinSwap (LCS) in Anguilla

A Step-by-Step-Guide on how to buy LocalCoinSwap (LCS) in Anguilla

Step 1 – Join Coinmama

You will first need to purchase one of the major currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below for registration and receive your Ethereum or Bitcoin.

Binance Signup
Step 2 – Send Your Funds to an Crypto Exchange

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. LocalCoinSwap (LCS) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this guide)

Make sure you've selected the exact coin you would like to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. In the case you're using a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).

Step 3 – Find {LocalCoinSwap (LCS)|(LCS) LocalCoinSwap}

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

In order to find {LocalCoinSwap (LCS)|(LCS) LocalCoinSwap}, you will need to insert the shortname of the coin (LCS) into the search box, which is marked in the picture. Be certain of having choosen the right grouping, we have marked this also. Click on “LCS/BTC” to continue.

{How to buy Coin on Binance 1|Binance How To Buy 1} LocalCoinSwap (LCS)
Step 4 – Purchasing {LocalCoinSwap (LCS)|(LCS) LocalCoinSwap}

After you've located {LocalCoinSwap (LCS)|(LCS) LocalCoinSwap}, you will be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). And now we are making our own Limit Order.

The field with the “Price” tag will be filled with the most latest rate {LocalCoinSwap (LCS)|(LCS) LocalCoinSwap} was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the quantity of LCS you wish to purchase. The ”Total” field is the total price in BTC that you'll pay for the whole quantity of LCS.

When you are happy, click on “Buy LCS”. Your plan will be filled when a Vendor sells their LCS for the price you gave.

Step 5 – Withdraw {LocalCoinSwap (LCS)|(LCS) LocalCoinSwap}

Unless you're trading, best advise is not to keep coins on an Crypto Trader for an longer period of time. To take off your {LocalCoinSwap (LCS)|(LCS) LocalCoinSwap}, go to the ”Funds” tab and click on “Withdraw”. {LocalCoinSwap (LCS)|(LCS) LocalCoinSwap} can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find {LocalCoinSwap (LCS)|(LCS) LocalCoinSwap} by using the provided drop-down box. Enter the amount of {LocalCoinSwap (LCS)|(LCS) LocalCoinSwap} you'd like to take off. Take into account the displayed minimus/fees. Also make sure you have filled your right withdraw address.

When you're satisfied, make a mouse click on “Submit”. You could be requested for verfication via email/phone before a take off.

Congrats! You have successfully purchased and stored LocalCoinSwap (LCS) in Anguilla.

That's it!

Take offs from Exchange can durate between 1 – 30 minutes (rely on network usage). Once you've confirmed your take off using Etherscan.io or Ethplorer.io and the {LocalCoinSwap (LCS)|(LCS) LocalCoinSwap} is stored in your wallet, you are finished.

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