A Step-by-Step Guide to Buying LEOX During LCX Listing

Galileo Protocol
3 min readApr 5, 2023

--

Introduction:

The LEOX token is set to be listed on the LCX platform on Thursday, April 6th, at 2 pm CET. This tutorial will walk you through purchasing LEOX during this event. Remember that at the time of listing, LEOX trading will initially be in post-only mode. LCX and Galileo will also update you when the post-only method is removed, and full trading functionality is enabled.

Step 1: Create an Account on LCX

  1. Visit the LCX website at www.lcx.com.
  2. Click on the “Sign Up” button in the top-right corner of the page.
  3. Fill in the required details, such as your email address, password, and country of residence. Be sure to create a strong and unique password.
  4. Read and accept the terms and conditions, then click the “Sign Up” button.
  5. Verify your email address by clicking the verification link sent to your inbox.

Step 2: Complete KYC Verification

Before trading on LCX, you must complete the Know Your Customer (KYC) verification process.

  1. Log in to your LCX account.
  2. Go to the “Account” tab and click on “Verification.”
  3. Fill in the required personal information, such as your name, date of birth, and address.
  4. Upload a clear photo of your government-issued ID, such as a passport or driver’s license, as well as a selfie.
  5. Wait for LCX to verify your information. This process may take up to 24 hours.

Step 3: Deposit Funds

To buy LEOX, you’ll need to deposit funds into your LCX account. LCX supports various cryptocurrencies and stablecoins.

  1. Log in to your LCX account.
  2. Go to the “Wallet” tab.
  3. Select the cryptocurrency or stablecoin you want to deposit.
  4. Click on “Deposit” to generate a deposit address.
  5. Send your funds to the provided deposit address.

Step 4: Buy LEOX During the Listing Event

Remember that LEOX trading will initially be in post-only mode. During this phase, you can only place limit orders.

  1. Log in to your LCX account on Thursday, April 6th, at 2 pm.
  2. Go to the “Trade” tab and select the LEOX trading pair you wish to trade.
  3. In the “Order Form” section, select “Limit Order.”
  4. Enter the amount of LEOX you want to buy and the price you will pay.
  5. Click on “Place Order” to submit your limit order.
  6. Monitor your order in the “Orders” section to see if it gets filled.

Post-Listing Update:

LCX and Galileo We will keep you informed when the post-only mode is removed and full trading functionality for LEOX is enabled. Once this happens, you can start placing market orders and take advantage of the entire suite of trading tools available on the LCX platform.

Conclusion:

Now you know how to buy LEOX during the LCX listing on Thursday, April 6th, at 2 pm. Remember to watch for updates on when post-only mode is removed. Good luck, and happy trading!

Warning: Trading Involves Risks
Kindly be advised that trading, encompassing cryptocurrencies, bears inherent risks owing to market volatility. You may risk losing part or all of your initial investment. To minimise these risks, educating oneself about trading and the assets you’re keen on is crucial, diversifying your portfolio, and establishing a budget reflecting what you can afford to lose is crucial. Utilise stop-loss orders to limit potential losses and stay informed about market news and trends. Refrain from making emotional decisions and develop a robust trading strategy. Always remember to trade cautiously and prioritise the safety of your investments.

--

--

Galileo Protocol

Building the world's first platform and ecosystem for RWA tokenisation and redemption.