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How to Buy Lido DAO?

Step-by-step guide on how to buy LDO token, outlining the process on LCX Exchange for new users.

About Lido DAO

LDO is an Ethereum token granting governance rights in the Lido DAO. The Lido DAO governs a set of liquid staking protocols, decides on key parameters (e.g., fees) and executes protocol upgrades to ensure efficiency and stability. By holding the LDO token, one is granted voting rights within the Lido DAO. The more LDO locked in a user’s voting contract, the greater the decision-making power the voter gets.

Step-by-step

  1. Create a LCX account

Sign up or download LCX Mobile and start the sign-up process. You will need a valid ID and proof of address in order to transact, so be sure to have those ready. Verifying your ID may take longer than a few minutes, depending on where you live. Click here to get verified.

2. Deposit token

Click on “wallet” and then “Deposit”. Choose the “coin”, Choose the “provider” and deposit the token.

3. Start a trade

On exchange.lcx.com/, select trade and choose the LDO pair that you want to trade. Select “buy” or sell,” enter the bid and amount you want to buy, and click buy LDO.

4. Done

Once the order is processed, you will receive an order confirmation email. That’s it, you’ve bought $LDO.

Whitepaper
Trade $LDO

Only registered users of the LCX platform are eligible to purchase the Tokens. The Issuer will not sell any Tokens where potential buyers are citizens or residents of restricted jurisdictions as determined by the Issuer. In particular, restricted jurisdictions are the United States of America and China, further, any US persons are prohibited from participating. 

The content on the page is provided by LDO team

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