How to buy and sell Liracoin

Among the most popular means used to obtain and exchange cryptocurrencies is an exchange platform. Exchange is a marketplace where securities, commodities, derivatives and other financial instruments are traded. The core function of an exchange is to ensure fair and orderly trading and effective dissemination of cost information for any securities trading on such exchange.

You can get Liracoin by:

Buy Liracoin on licex.io exchange.

Licex is one of the first and the best platform via which you may exchange the #1 cryptocurrency, Bitcoin with Liracoin or swap Liracoin with Bitcoin. The Licex platform is user-friendly, and users can easily swap, deposit, and handle their cryptocurrencies. Keep reading to discover more on how to start doing it.

After registering on www.licex.io, you will have to confirm ownership of your accounts -- via an easy recognition process so that you can execute future transactions without any hitches. You have nothing to be worried about because the verification procedure is not just fast but will be done on one occasion only.

Then, navigate to a tab or section labeled "KYC" (Know Your Customer) situated in the top menu.

This is where you'll be required to snap a picture while you hold your identification document along with a sheet which communicates your surname along with your name, the date you are registering the account as well as a selfie number that's printed over the example image. It looks like a code LIC ####.

Your face has to be visible and readily recognizable. Just follow the guide shown on the illustration image as it is self-explanatory and helpful.

Key in or input the identifying information and then click the "Upload" tab and wait until your image uploads successfully for verification that could take a while.

As soon as you're verified, you're good to go! Let us take a look at some of the major function on the Licex platform.

Dashboard
The first item you will encounter on the menu is the"Dashboard." This is where you will see every detail of your accounts which include your current deposits. This is where you will also see your distinctive address with which to send and receive cryptocurrencies such as Liracoin and Bitcoin. The verification of your email address -- for submission procedures -- is required in addition to the sale and purchase transactions.

Exchange
The next thing you will notice on the menu is "Exchange." This is where you can sell or purchase Liracoin, although the payment for the purchase is made in Bitcoin. Because of this, it's expected that you make some deposits so that the transaction can succeed.

You will also notice where you can set up your sale or purchase order. All you need to do is to make sure you adjust the amount of crypts in Units as well as the price at which you need to sell/buy -- i.e., Prices and then click the appropriate button. The moment you do that, your order will come into view in the center list, waiting for a seller or buyer.

You can even sell or buy Liracoin by clicking a list order directly at the stated price.

Transactions
This is where you can get the reports that detail each and every operation you've done. It may even be filtered by date.

Security
This is the final page to be analyzed in this write-up. On this "Safety" page is where you can manage your two-factor authentication in addition to your passwords. The former -- i.e., the two-factor authentication (2FA) -- is a security algorithm that enables a user to set two different authentication aspects to substantiate or verify themselves. Additionally it is put in place to protect the credentials of the user together with the tools the user has access to. Two-factor authentication protocols provide an advanced level of security standard authentication procedures that depend mostly on single-factor verification such as a password provided by the user.

Get your first Liracoin today, on www.licex.io