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How to buy LGCY Network (LGCY)

Learn how to buy LGCY Network (LGCY) in our step-by-step guide.

Where to buy LGCY Network

It looks like LGCY may not be available to purchase on an exchange in the US.

You can still purchase LGCY by using a decentralized exchange (DEX) instead. Decentralized exchanges are web applications that run on blockchains like Ethereum and allow users to trade any asset directly with one another.

Decentralized exchanges (DEX) are unregulated and run using autonomous pieces of code known as smart contracts. To use a DEX you must interact with the blockchain directly, which is not recommended for novice users. Please learn about decentralized exchanges first if you're unfamiliar.

How to purchase LGCY using a decentralized exchange.
  1. Find LGCY on a decentralized exchange and make sure LGCY Network can be traded for ETH which is the native asset of Ethereum. Popular DEXs include Uniswap, SushiSwap and 1INCH.
  2. Buy ETH to trade for LGCY using an exchange like Gemini. You will need to purchase enough ETH to swap for LGCY as well as ETH to pay for transaction fees on the Ethereum network (known as gas). You can use a service like Etherscan to get an idea of how much gas fees currently cost.
  3. Transfer the ETH into a web 3.0 wallet like MetaMask to connect to the DEX.
  4. Trade ETH for LGCY on the DEX of your choice, following the instructions on screen. Make sure to leave enough ETH in your wallet to pay for gas.
  5. Wait for the transaction to finalize and the LGCY tokens will arrive in your wallet.
  6. You may now keep the tokens in your web 3.0 wallet or transfer them somewhere more secure like a hardware wallet.

You can follow the same process when you want to sell your tokens, or come back to this page to see if they can now be traded on an exchange in the US.

Best LGCY Network wallets to store your LGCY

You can keep your LGCY on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
  • Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your LGCY below.
Read more

Ledger Nano X Wallet
★★★★★ 4.6

Price (USD)
$149
Supported assets
5,500+
Go to site

Trezor Model T Wallet
★★★★★ 4

Price (USD)
$219
Supported assets
1,456+
Go to site

SafePal S1 Wallet
★★★★★

Price (USD)
$49.99
Supported assets
30,000+
Go to site

Disclaimer: This page is not financial advice or an endorsement of digital assets, providers or services. Digital assets are volatile and risky, and past performance is no guarantee of future results. Potential regulations or policies can affect their availability and services provided. Talk with a financial professional before making a decision. Finder or the author may own cryptocurrency discussed on this page.

Is LGCY Network a good investment?

LGCY is the native crypto token of the platform, allowing users to not only process payments within the network but also participate in various governance related activities. Here are a few key aspects of the project that are worth considering before making a sizable investment:

  • Solid operational framework: The LGCY Network comes replete with a block explorer, allowing users to search through the platform for transactions, addresses, token sales, etc. Furthermore, it also hosts a number of dev tools allowing individuals to program smart contracts for various decentralized applications (dApps). Lastly, LGCY also features a well developed decentralized exchange (called Myriadex) enabling the trade of many digital assets with the touch of a button.
  • Solid performance parameters:As per the project’s whitepaper whitepaper LGCY's blockchain is capable of processing a sizable 10,000 transactions per second while offering near instant finality, settlement. Owing to the fact that the platform has been built atop the Tron network, the average cost of each transaction lies at just 0.01$, making the network ideal for building fast, low cost dApps.
  • EVM compatible:An underrated aspect of LGCY is that it is features full complete compatibility with the Ethereum Virtual Machine (EVM) as a result of which developers have the ability to build dApps, program contracts exactly in the same way as they do when working with Ethereum.
  • Highly distributed governance: Thanks to its use of the Libertas Protocol, LGCY divides up its 27 core governing bodies into 3 unique branches. As a result of this setup, no one token holder can gain an unprecedented amount of influence over the network or its daily activities.
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Today's LGCY Network price versus ATH

Compare today's price of LGCY Network ($0.00026945 USD) against its all-time high (ATH) price of $0.02085432 on September 14, 2021. The closer the bar is to 100%, the closer LGCY is to reaching its ATH again.

Current price: $0.00026945
All time high: $0.02085432
1%
98%
  1. Data by CoinGecko

Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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