How to purchase LCX (LCX) on Binance
Undoubtedly one of the world’s top-notch trading platforms today is Binance.
Understanding how to trade with LCX (LCX) is essential in case you want to get started on trading on that platform.
Stay on this article and you will see everything you need to know about purchasing crypto on Binance.
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Discover ways to register on Binance
There’s only way to start operating within the Binance platform: registering to it.
Just follow each of the steps listed below.
On the Binance homepage you must locate the "Register" button and press it.
Access directly to Binance by clicking here.
Once on the Binance platform press the "Register with a phone or email" button.
You can also do this using your Apple tablet.
Here we’ll will show you the registration process using an e-mail address.
- In the window that will be displayed, pick your country of residence from the drop-down list.
- Now the extremely important step: password. Choose an alphanumeric word difficult enough not to be simply deducted. Never use your birth date, middle name or things like that. Bear in mind that it’s your cash what will be secured by that password
- Here you must accept "Terms of Service" and, if you would want to get information, news and updates from Binance in your email address, mark in the corresponding box
Binance will automatically send a one-time-only activation code (remember: this is NOT the password you’ve created) that you’ll type it in the corresponding line, then click on "Send"
You’re now a Binance subscriber!.
You can now navigate the Binance platform and observe all the options it offers.
You’ll realize how simple is to start operating with LCX (LCX).
Complete the required ID verification to enable all these options.
It is very important to note that unless you fulfill this protection measure, you will not get permission to start trading LCX (LCX).
In the next paragraphs, you’ll learn how to do it. Hassle-free.
How to verify your account and begin trading
Read the following instructions and become a certified subscriber:
Choose "Security" from the drop-down list under the user profile button
Another alternative is to move to the upper part of the screen and press the "Verify" button
Pick "Identification" on the left menu.
Now you’ll have to choose your country of residence.
On this screen you’ll will immediately find three levels of verification:
- The one you already have.
- The Verified.
- The Verified Plus.
Click on the "Start now" button under the "Verified" label, for this is the beginning level.
Then it displays a pop-up window in which you must provide the following data:
- Nationality.
- First and Last Name.
- Second name and birth date.
- Residence address (exact).
At this point, the Binance platform will ask you to use a legal document for identity verification.
passport, ID card or even a driver’s license will be enough to fulfill this formality.
Now the platform will ask you to take a selfie following certain instructions.
Now you will have to wait for a short period while an account confirmation process takes place.
All you need to do is wait patiently, Binance is going to let you know via e-mail once your request has been approved.
Upon receiving that email it’s time to get LCX (LCX), just see the instructions below.
Buying LCX (LCX) on Binance
Now that you have registered on the platform and have your account verified, you can start trading.
In this segment you’ll realize how easy is to convert cash into LCX (LCX).
Next, you’ll have to to present a legal document to support your identity.
You can do this with your ID card, passport, or license.
Now the platform will ask you to take a selfie following certain guidelines.
After fulfilling all those requisites, the Binance platform will perform a confirmation process on your account.
Now you have to wait until your request has been approved. Be patient, Binance is going to send you an e-mail.
The following instructions will guide you through the LCX (LCX) buying process. As soon as you’ve got the confirmation email, you are a Binance licensed LCX (LCX) trader.
Purchasing LCX (LCX) on Binance
Since you are subscribed to the Binance platform and have your account approved, you’re OK to begin trading.
First you need to figure out how to buy a LCX (LCX).
Be aware that you could have more than one option for this process
To know which options you have when making a purchase, see the "Buy cryptos" menu on the Binance homepage.
You must, of course, do this after you’ve signed into your account
Hovering your mouse pointer over this key will display a list of alternatives to make the purchase.
Here, the Binance platform will require you to provide a legal document for identity corroboration.
You can do this by using your ID card, passport, or license.
In the next stage, you will have to take a selfie, according to the application’s requirements.
The final step will be carried out by the Binance platform: a certification process that will just take a while.
Now you must wait until your profile has been approved. Be patient, the platform is going to let you know via e-mail.
The following instructions will guide you through the LCX (LCX) purchasing process. As soon as you’ve got the confirmation email, you have become a Binance authorized LCX (LCX) trader.
Buying LCX (LCX) on Binance
Beginning your LCX (LCX) trading adventure has never been so easy, right?.
In this segment you’ll discover how easy is to convert money into LCX (LCX).
You will probably have different alternatives throughout the process
To know which alternatives you have when buying, browse through the "Buy cryptos" menu on the Binance homepage.
Obviously, you’ll only be able to do this if you’re logged in
Place your mouse over this option and a list of buying alternatives will be shown.
Did you know you could use your debit or credit card for buying cryptocurrencies?
The first thing you will do to purchase the LCX (LCX) you want using a credit card, should be to pick this option from the drop-down menu labeled "Buy Cryptos".
Next, just observe the following instructions:
In the next box, choose the currency you want to buy with and indicate the amount you are going to invest.
In the next field you should choose the LCX (LCX) you intend to get
The quantity of LCX (LCX) you’ll be given will depend upon the amount of USD you’ve previously invested. The Binance system will automatically display it.
The following instructions will help you in the process:
In the next box, pick the currency you’d like to use and type the amount you want to invest.
The the LCX (LCX) you’d like to purchase must be picked from the second field
After you do so, the platform will immediately show you the number of LCX (LCX) you will be given, taking into account the amount of USD you have recently invested.
Next click "Continue".
To use your Visa/MC credit card as a payment method, go to the "Visa/Mastercard" field and press the "Add card" button.
CC data must be completed in this step, then press "Next".
In this step you must enter the address the credit card is associated to. Write it exactly as it is, then choose "Add card".
With this, your card will be added to the valid methods of payment in your account. Click "Continue".
The system will now show you the details of the buying order you are about to complete. The sum your card will be charged with the currency you have chosen, and the LCX (LCX) you will receive.
It will also show you the commission will be charged for the operation.
You have 60 seconds to click on "Confirm", otherwise the order will be automatically aborted.
The Binance platform will now send you to the bank issuing the credit card. Proceed exactly as you do when making a payment using your credit card on the bank website.
When the banking process has been finished, you’ll have your purchased LCX (LCX) in your Binance digital wallet (referred to as the «Spot Wallet»)
Buy LCX (LCX) via Binance P2P
Another option you have to purchase a cryptocurrency is to trade it
with another trader. Payment method is the first setting you must state.
Next, all the important details of the operation will be summarized: the amount you will pay and the corresponding currency, and obviously, the cryptos you are going to get.
It will also let you know the commission will be charged for the purchase.
Now you must accept the order clicking on the "Confirm" button during the next 60 seconds, or it will be automatically shut down.
The system will now reroute you to the bank issuing the credit card. Proceed just as you usually do when making a payment using your card on the bank website.
Your recently bought LCX (LCX) will be credited to your Binance digital wallet (called the «Spot Wallet») after the banking process is complete
Buy LCX (LCX) with Binance P2P
You could buy LCX (LCX) not only via a direct purchase, but exchanging them «Person To Person»
with another Binance trader as well. To get this done, the first step is to add the payment method you wish to make use of.
- Go to the "Security" section of your account.
- In the list on the left-hand side choose "Payment".
- Click on "Add a Payment Method" and the Binance system will guide you through the rest of the procedure.
After you finished configuring the new method of payment to your account, go to the "Buy Crypto" menu (upper part of the display), select the "Trading P2P" option, and follow the guidance below:
- Press the "Buy" button on the top bar of the "P2P Account" tab
- This bar contains the list of LCX (LCX) available for purchase through P2P trading. Choose the one you would like to buy, here we present «USDT» as an example.Note that any LCX (LCX) purchased via P2P trading is allowed to be exchanged by any of the foreign currencies available on Binance.
- Look for the "Fiat" column on the top tabs and deploy the drop-down list to find all valid currencies. We’ll use «VES» in this example.
- In the "Amount" box, enter the amount in VES you intend to invest.
- After you’ve defined the method of payment, the Binance system will display a list of traders’ offers.
- Locate a trader from the list shown. We suggest that you pick one that is verified and has a high completed sales rate.
- Next select "Buy USDT"
- In this step, the amount you would like to pay in VES must be entered
- Again, select "Buy USDT"
- A buying order has been generated and the trader and you will be able to contact each other for details, if needed. You have a limited time to complete, if you fail doing so the order will be shut down by the system (and that’s not good for your rating as a buyer). Once you paid, press "Transferred, Next" and then press "Confirm".
Learn how to transfer your LCX (LCX) to the Spot Wallet
Cryptos will be released by the trader as soon as money reception acknowledge has been done.
The place where LCX (LCX) are deposited is your account wallet.
But in case you want to purchase any other LCX (LCX), you must transfer them to your Spot Wallet.
To do this, all you have to do is press "Transfer to Spot Wallet" once the purchase order has been completed.
This LCX (LCX) internal transfer can be carried out anytime later.
Tips on how to transfer your LCX (LCX) to the Spot Wallet
Cryptocurrencies will be released by the seller as soon as payment reception acknowledge has been done.
So, they will instantly be deposited into your wallet.
Take into account that your LCX (LCX) must be in your Spot Wallet in order for you to buy others, so you must send them there before.
To do this, all you have to do is click on "Transfer to Spot Wallet" right after the buying order has been completed.
In the event you didn’t follow this step, don’t stress, you can move the cryptos at any other moment.
- Place the mouse pointer on "Wallet" and select "Wallet Funds" from the drop-down list.
- Next press "Transfer" button on the upper right area of the screen.
- In the pop-up window, change the «From» and «To» options so that it looks like this:
- From: «Funds»
- To: «Fiat and Spot»
- Select the currency in which you have money, in the example right here we use «USDT»
- Set the cryptos you are transferring to the spot walet and press "Confirm".
With these money already in your Spot Wallet, nothing keeps you from purchasing any crypto you believe will yield the greatest profit.
Note how easy is to buy any cryptocurrency from the Binance platform:
- In the top panel, look for the "Trading" menu.
- Select "Convert" from the list.
- Fill in the box the sum of «USDT» you want to invest.
- Select the crypto you would like to buy.
- Press "Preview conversion".
- Validate the transaction and that’s it. Now you will have the funds of the selected crypto in your Spot Wallet.
All right! Now you have funds available to trade any of the several LCX (LCX) in the Binance platform.
To buy LCX (LCX) from Binance what you just have to do is described below:
- Find the "Trading" menu in the top top section.
- From the list choose the "Convert" alternative.
- Fill in the box the amount of «USDT» you wish to spend.
- Select the crypto you wish to purchase.
- Press "Preview conversion".
- Confirm the transaction and that’s all. Now you will have the funds of the chosen crypto in your Spot Wallet.
You’ve already learned how simple is to start trading LCX (LCX) on Binance.
The future of money trading relies on LCX (LCX)., and Binance is a secure and comfortable platform to do business. Start today!