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How to buy LockTrip (LOC) in the US

Learn how to buy LockTrip (LOC) easily by following a step-by-step guide and comparing 10+ crypto exchanges.

How to buy LockTrip

1. Compare crypto exchanges

The easiest way to buy LockTrip is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.

2. Create an account

To create an account on an exchange you will need to verify your email address and identity. Have some photo ID and your phone ready.

3. Make a deposit

Once verified, you can deposit $ using the payment method that best suits you – cryptocurrency, paypal, wire transfer and credit or debit card payments are all widely accepted.

4. Buy LockTrip

You can now exchange your funds for LockTrip. On easier-to-use exchanges, this is as easy as entering the amount you want to purchase and clicking buy. If you like you can now withdraw your LockTrip to your personal wallet.

Where to buy LockTrip

Find an exchange to buy, sell and trade LOC by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.

Name Product Deposit methods Fiat Currencies Cryptocurrencies
KuCoin Cryptocurrency Exchange
Cryptocurrency, PayPal, Wire transfer, Credit or Debit Card, SEPA
USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND & 40+ more

495
cryptocurrencies

Finder exclusive: Sign up and use code 1xf56 for one month of VIP 1 benefits. Deposit/transfer more than 0.1 BTC to KuCoin within 7 days of registration for 1 month of VIP 2 benefits. T&Cs apply.
Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency.
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Compare up to 4 providers

Steps on how to buy LockTrip

Look for an exchange that supports both fiat and cryptocurrency to simplify buying LockTrip.

  1. Compare cryptocurrency exchanges that supports LOC.
    Cryptocurrency exchanges differ by fees, security and payment methods, so you'll need to research which is the right fit for you. As a beginner, you don't need a big range of features, and you can always change exchanges later.
  2. Create an account on an exchange.
    You can sign up for an account by selecting the Go to site button. This will take you to the account creation page, where you can fill in your details, starting with your name and email address..
  3. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy LockTrip.
  4. Buy LockTrip.
    Complete your LockTrip purchase and then find the best wallet to store LOC.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What to consider when buying LockTrip

Below are a few aspects which you should be aware of before you invest in LOC:
  • Supply. There is a limited supply of LOC tokens of 18,585,933 tokens. Unlike many inflationary tokens in the market, these tokens being limited could often entail them being perceived as being more scarce and thus, highly valued. With each booking being made, the supply would keep shrinking.
  • Smart Contracts. The platform runs on smart contracts which enable managing customer/host relationships and is programmed to manage scenarios with the native utility token, LOC. The LockTrip dApp is built on the Ethereum Virtual Machine (EVM) serving as a single open-source location, free to use by anyone across the globe, where all properties/hotels available for booking will be visible to all.
  • Lower cost. The purpose of the LockTrip project is to connect customers to the property owners/hotels directly. This would mean removing the middlemen involved which would result in lower travel expenses for customers and more competitive pricing for hotels and property owners, on average passing on a benefit of about 20% to the customer.
  • Roadmap. LockTrip developers are expanding the use case of the dApp which currently includes booking hotels and flights. The team has plans to expand into other service areas including parking spot rental, bike rental, car rentals. They also have a project in the entertainment industry called EVEDO, which is in the IEO stage and will be built on the LockTrip blockchain so it can leverage its unique features.

How to sell LockTrip

You can cash out your LOC with the same exchange you bought it through:

  1. Sign in to the exchange you have LOC on.
    If you store your LockTrip in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of LOC you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of LockTrip.

Disclaimer: Cryptocurrencies, including LockTrip, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of LOC 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 LockTrip or any other cryptocurrency discussed.

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