A Step-by-Step-Guide on how to buy LITEX (LXT)
Step 1 – Signup to CEX.io In the beginning you'll need to buy units of the major coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for Altcoins. Follow the Link below to register and to get your Ethereum or Bitcoin.
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. LITEX (LXT) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this manual) Make sure you have selected the precise coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our how-to).
Step 3 – Locate (LXT) LITEX As soon as your deposit has been affirmed, you will directly have access to your finances and you can initiate purchasing and trading. To buy (LXT) LITEX on Binance, you will want to go to the ”Exchange” tab and click on “Basic”. To spot (LXT) LITEX, you will need to insert the shortname of the coin (LXT) into the search-box, which is marked in the image. Make sure you have selected the correct pairing, we have marked this too. Click on “LXT/BTC” to go on.
Step 4 – Purchasing (LXT) LITEX As soon as you have discovered (LXT) LITEX, you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we are going to make our Limit Order. The field with the “Price” tag will be filled with the most up-to-date tariff (LXT) LITEX was sold for. You can change this to your preferred price. The field with the “Amount” tag is the amount of LXT you wish to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the complete amount of LXT. When you are satisfied, make a mouse click on “Buy LXT”. Your plan will be filled as soon as a Vendor sells their LXT for the price you submitted.
Step 5 – Withdraw (LXT) LITEX Unless you are trading, best advise is not to keep coins on an Cryptocurrency Exchange for an extended time period. In order to withdraw your (LXT) LITEX, go to the ”Funds” tab and mouse click on “Withdraw”. (LXT) LITEX can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (LXT) LITEX by using the provided drop-down box. Enter the quantity of (LXT) LITEX you'd like to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have filled your right withdraw address. When you are glad, click on “Submit”. You could be requested for email/phone verification before a withdrawal.