First Time Buying Cryptocurrency? don't worry we will tell how/where to buy Lossless coin
what about Lossless (LSS)
Lossless coin has been listed on various crypto exchanges, unlike to other digital currencies, it can't be straightforwardly bought with fiats cash. however, You can purchase this coin by first purchasing Bitcoin or ethereum from any big cryptocurrency exchanges and afterward move the btc/usdt to gate.io that has this coin, in this article we will help you to buy Lossless (LSS).
Step-1 : Choosing the Best Exchange
first step involves choosing trading platform that supports the deposit and withdrawal methods of fiat currency like credit card or bank account. you will need to buy btc or eth or usdt on coinbase or binance
Sign-Up on Coinbase and Get 10$
SignUp On Binance
enter your email and fill other fields like name password and then wait for confirmation email with code, after you complete registration you need to verify your identity to be able to buy any coin this is KYC) process is now fully automated
Step-2 : buying with fiat money
you can use your credit card or bank account.
On binance click "buy crypto" button in the upper bar, select the currency you want to buy and confirm the trade.
recommended buy usdt and send to other exchanges for lower fees
you can do same steps on
coinbase
if you want to buy crypto without verification you can use LocalBitCoins, On LocalBitCoins, you are dealing with humans. Unlike stock-like exchanges and centralized Bitcoin trading websites, this allows you to trade directly with another person. This makes the process customizable and fast, as there is no need to verify your identity. You can get your bitcoins instantly with many payments methods.
Step-3 : transfer crypto to exchanges that has Lossless coin.
"skip this step if you buy from gate.io"However, since Lossless is an altcoin, You need to transfer your coins to an exchange where you can buy Lossless. Here we are using gate.io as an exchange.
gate.io is a popular exchange for trading altcoins and there are many altcoin pairs you can trade with.
Use this link to register a new account.
SignUp On gate.io & Get 10% fee discount
after registration Just go to the deposit section at the dashboard.You will see your BTC address.
note : if you buy eth or tether "usdt" choose usdt and choose chain or protocol
for example if you buy tether and you want to receive tether choose Tron/Trc20 protocol
where you can receive Bitcoin by providing this address.
We are transferring previously purchased bitcoins or usdt from Coinbase/binance/localbitcoins to this exchange, so click Copy Address, or right-click the entire address and click Copy.
Then go back to Coinbase/binance, go to your portfolio page, go to withdraw section search for Bitcoin/eth/usdt in the asset list, then click Submit on the right.
then Click “Send” to proceed, you should receive a confirmation email instantly.
Step-4 : buy Lossless coin
Trade LSS/USDT Directly On Gate.io From Here!Below it is a field with a green button labeled Buy Lossless. select “Market” below as this is the easiest way to place an order. You can click the percentage button to enter the amount, or select the BTC Or USDT amount to purchase. After checking everything, click Buy.
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