Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009.
Bitcoin is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants, without the need for any intermediary to permit or facilitate them. Bitcoin was created, according to Nakamoto’s own words, to allow “online payments to be sent directly from one party to another without going through a financial institution.”
Some concepts for a similar type of a decentralized electronic currency precede BTC, but Bitcoin holds the distinction of being the first-ever cryptocurrency to come into actual use.
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 $BTC pair that you want to trade. Select “buy” or sell,” enter the bid and amount you want to buy, and click buy $BTC.
4. Done
Once the order is processed, you will receive an order confirmation email. That’s it, you’ve bought $BTC.
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.
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The Liechtenstein
Cryptoassets Exchange
Registered Crypto Asset Service Provider (CASP)
Number: 288159
LCX AG, established in 2018, is a registered company in the Principality of Liechtenstein with registration number FL-0002.580.678-2. LCX AG is regulated by the Financial Market Authority of Liechtenstein under the registration No. 288159 as a trusted technology service provider and Crypto Asset Service Provider (CASP). Trading digital assets such as Bitcoin involves significant risks.