Locus Chain (LOCUS) is the platform related token that has been embraced by crypto enthusiasts and investors since its launch. It is currently ranked number 679 based on market capitalization on CoinMarketCap, with a market capitalization of 38049590 recorded at the time of writing. LOCUS has been gaining momentum alongside the flourishing cryptocurrency market this year. More and more people are becoming interested in Locus Chain. They wish to invest or purchase Locus Chain (LOCUS), but may not know how to get started. Here, we will guide you through all the information you need to know about purchasing Locus Chain. Regardless of your location, Bitrue can provide you with a simple and secure way to buy LOCUS.
Where and how to buy Locus Chain
When it comes to purchasing Locus Chain (LOCUS), users may focus on various factors, such as cryptographic wallets, on-chain protocols, and other complex operations. Fortunately, Bitrue exchange allows you to buy Locus Chain in a simple and quick manner. Just register through the official website or app, verify your identity, set up your payment methods (such as credit cards/debit cards/bank transfers), or deposit cryptocurrencies to your Bitrue wallet for spot trading. The purchased LOCUS will be stored in your crypto wallet account to ensure asset security. Below is a step-by-step guide on how to buy Locus Chain (LOCUS) through Bitrue.
Alternative methods to acquire Locus Chain
Apart from directly buying Locus Chain (LOCUS), what are the alternative methods to acquire Locus Chain ?
Fixed Auto-Investment in LOCUS
Regularly invest a fixed amount at scheduled intervals in Locus Chain (LOCUS) digital assets, enjoying both short-term returns and long-term benefits.
Staking LOCUS
Flexible staking of Locus Chain (LOCUS) digital assets to earn interest or high returns in other cryptocurrencies.
Get Locus Chain (LOCUS) for free
If you have enough time, you can obtain Locus Chain for free through the following methods:
- Invite friends to join the Bitrue coupon event and earn free Locus Chain (LOCUS).
- Join the Bitrue Rewards Center, participate in ongoing challenges and airdrops to receive free Locus Chain.
- All cryptocurrency airdrops and rewards can be exchanged for LOCUS through coin-to-coin exchange or spot trading.
How to keep your Locus Chain safe and secure
Once you have purchased Locus Chain, it is crucial to store it in a secure location. Bitrue is a secure, transparent, technologically stable, and user-friendly cryptocurrency exchange. Bitrue allows you to store Locus Chain and other digital assets in the encrypted wallet of your platform account, enabling you to trade, deposit, and withdraw anytime, anywhere.
If you are highly familiar with operating on-chain Locus Chain wallets, you also have the option to store Locus Chain (LOCUS) separately in a personal encrypted wallet. This wallet serves to keep your Locus Chain secure and accessible, allowing you to send and receive it while maintaining control.
To ensure the security of your Locus Chain, consider the following types of encrypted wallets:
- Mobile Wallets: Store your private key in an application on your smartphone.
- Web Wallets: Third-party-controlled online servers that store your private key.
- Desktop Wallets: Computer programs that allow you to store your private key on a hard drive.
- Hardware Wallets: Physical devices for offline storage of private keys.
Note: Cryptocurrency wallets do not technically store your Locus Chain encrypted assets. Instead, the assets remain on the blockchain, and access is granted using the digital private keys stored in the wallet.
FAQ About Buy Crypto
What is Locus Chain?
Locus Chain claims to be the world is first practically usable public blockchain that achieves scalability under complete decentralization. Locus Chain is known to be the world's first to implement BFT consensus algorithms (Patented Technology) in the DAG (Directed Acyclic Graph)-based Account-Wise Transaction Chain (AWTC) ledger structure to maintain fast processing speed. In addition, there is no limit to the number of validators that participate through PoS that can affect the performance, and nodes can operate with low computing power due to fair electing committees to participate in the agreement for every round. In addition, it is the world's first blockchain network that implements dynamic sharding, and it has reduced the storage space and network bandwidth of nodes to the lowest level by adding its own technology called VERIFIBLE Pruning (patented technology). It claims that it is the first project to solve the blockchain's dilemma of true decentralization and scalability by combining all these factors, and to ensure network stability, performance, and low node operating costs.* Verifiable Pruning: A technology that allows the capability of verifying the validity of previous data with a minimum hash value.* Dynamic sharding: A technology in which the entire network is divided into shard units and dynamically reconfigured to the most stable state to reduce network load and ledger size while maintaining stability of the network.
How many Locus Chain are there in total?
The total supply of Locus Chain is 7,000,000,000 and the Circulating Supply is 2,081,062,787 .
Where is the preferred place to buy Locus Chain?
Bitrue exchange, with its secure and stable platform, user-friendly interface, low fees, and high liquidity, stands as the best exchange for millions of users to purchase LOCUS.
Should I buy Locus Chain?
Deciding whether to buy Locus Chain depends on individual financial goals, risk tolerance, and understanding of the digital asset market. Locus Chain investments involve market volatility and risks, so it's advisable to thoroughly understand its characteristics and market conditions before purchasing. If you have investment experience, can withstand price fluctuations, and are willing to accept potential losses, buying Locus Chain (LOCUS) may be a suitable investment choice. However, remember that all investments come with risks.
Can I use cash to buy Locus Chain?
Generally, buying Locus Chain digital assets by cash is relatively challenging, as most cryptocurrency exchanges prefer electronic payments or bank transfers.
How much does it cost to buy 10 LOCUS?
To purchase 10 LOCUS, the cost in USD would be $0.295.
How to use Apple Pay to buy LOCUS?
Currently, Bitrue does not support purchasing LOCUS or adding fiat currency using Apple Pay.
How to use Google Pay to buy LOCUS?
Currently, Bitrue does not support purchasing LOCUS or adding fiat currency using Google Pay.
How to use Paypal to buy LOCUS?
Currently, Bitrue does not support purchasing LOCUS or adding fiat currency using Paypal.
What can I do with Locus Chain?
You can use Locus Chain to pay for goods and services, invest, transfer and remit, preserve assets, participate in DeFi, donate, and more.
How to sell my Locus Chain?
If your Bitrue wallet does not hold Locus Chain, you need to deposit LOCUS into your Bitrue account. If you already have LOCUS, log in to your trading platform account, find the Sell option, usually located on the OTC or market trading page. Enter the quantity of LOCUS you want to sell, select the selling price, confirm the sell order, and once your LOCUS is successfully sold, you can withdraw funds to your set bank account or other payment methods.
Can I purchase Locus Chain (LOCUS) worth 1 US dollar?
In theory, Locus Chain (LOCUS) can be divided into many units of 1 US dollar each, but on Bitrue, the minimum order amount for LOCUS is 10 US dollars.
Disclaimer
Cryptocurrency markets are highly volatile and can experience rapid price fluctuations. You are solely responsible for your investment decisions and Bitrue is not liable for any losses you may incur. We rely on third-party sources for price and other data related to the cryptocurrencies listed above, and we are not responsible for its reliability or accuracy. The information provided on this platform and any associated materials are for informational purposes only and should not be considered as financial or investment advice.