A Step-by-Step-Guide on how to buy LetItRide (LIR)
Step 1 – Join Coinbase and get 10$ for free In the beginning you'll need to purchase units of the bigger currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click below to register and to get your welcome 10 Dollar.
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. LetItRide (LIR) is obtainable on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to) Make sure you've selected the correct coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you are using a decentralized exchange, such as Airswap or DDEX could be different (Follow our guide).
Step 3 – Find LetItRide (LIR) As soon as your deposit has been approved, you'll now have access to your finances and you can initiate invest and trading. To invest in LetItRide (LIR) on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”. To discover LetItRide (LIR), you'll need to insert the cointype (LIR) into the search-box, which is marked in the image. Be certain of having choosen the right grouping, we've marked this also. Click on “LIR/BTC” to continue.
Step 4 – Buying (LIR) LetItRide As soon as you have discovered (LIR) LetItRide, you will be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). For now we're going to make our Limit Order. The field with the “Price” tag will be filled with the most latest tariff (LIR) LetItRide was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the volumen of LIR you like to purchase. The ”Total” field is the total price in BTC that you'll pay for the complete volumen of LIR. If you are satisfied, make a mouse click on “Buy LIR”. Your order will be filled when a Seller trades their LIR for the price you introduced.
Step 5 – Withdraw LetItRide (LIR) Unless you're frequently trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an extended period of time. To withdraw your LetItRide (LIR), hover over the tab called “Funds” and click on “Withdraw”. LetItRide (LIR) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate LetItRide (LIR) by using the given drop-down box. Put into the amount of LetItRide (LIR) you would like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have filled your correct withdraw address. If you're glad, make a mouse click on “Submit”. You may be requested for phone/email verification ahead of a take off.