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How to Buy Wormhole [W]?

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

About Wormhole (W)

The W token is introduced as a multichain-native token, initially launching on the Solana network as a native SPL token. This token is designed to embody the ethos of interoperability that Wormhole, the platform behind the W token, is striving for. Following its launch on Solana, plans are in place to extend W’s functionality to Ethereum and other EVM-compatible chains through Wormhole’s Native Token Transfers (NTT) feature. This strategic rollout underscores the token’s ambition to facilitate seamless asset transfers and interactions across a multitude of blockchain ecosystems, promoting a truly interconnected DeFi landscape.

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 $W pair that you want to trade. Select “buy” or sell,” enter the bid and amount you want to buy, and click buy $W.

4. Done

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

Trade $W

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 Wormhole team

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