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 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. LocalCoinSwap (LCS) is available on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow these easy steps)

Make sure you've selected the correct coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so on. In the case you are using a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).

Step 3 – Locate LocalCoinSwap (LCS)

As soon as your deposit has been affirmed, you'll directly have access to your funds and you can launch buying and trading. To invest in LocalCoinSwap (LCS) on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”.

To spot LocalCoinSwap (LCS), you will need to put the cointype (LCS) into the search box, which is marked in the picture. Be certain of having choosen the correct pairing, we've highlighted this also. Click on “LCS/BTC” to continue.

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

After you've discovered LocalCoinSwap (LCS), you will be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). Next we are going to create our own Limit Order.

The ”Price” field will be automatically filled with the most recent tariff LocalCoinSwap (LCS) was traded for. You can change this to your desired rate. The ”Amount” field is the volumen of LCS you want to buy. The field with the “Total” tag is the total price in BTC that you'll pay for the whole amount of LCS.

If you are glad, click on “Buy LCS”. Your plan will be filled as soon as a Vendor sells their LCS for the price you submitted.

Step 5 – Withdraw LocalCoinSwap (LCS)

Unless you are frequently trading, never keep your crypto on an Crypto Exchange for an extended period of time. In order to withdraw your LocalCoinSwap (LCS), go to the tab called “Funds” and click on “Withdraw”. LocalCoinSwap (LCS) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate LocalCoinSwap (LCS) by using the given drop-down box. Enter the quantity of LocalCoinSwap (LCS) you'd like to take off. Take into account the presented minimus/fees. Also make sure you have entered your correct withdraw address.

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

Congrats! You've successfully purchased and safed LocalCoinSwap (LCS) in Anguilla.

That's it!

Withdrawals from Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you've confirmed your take off using Ethplorer.io or Etherscan.io and the LocalCoinSwap (LCS) is safe inside your wallet, you are all done.

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