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How to Buy LITEX (LXT)

A Step-by-Step-Guide on how to buy LITEX (LXT)

Step 1 – Signup to CEX.io

You will first need to purchase one of the major currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below to register and receive your Ethereum (ETH) or Bitcoin (BTC).

Binance Signup
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. LITEX (LXT) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this manual)

Make sure you've selected the correct coin you wish to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you are using a decentralized exchange, like Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Locate LITEX (LXT)

Once your deposit has been affirmed, you will instantly have access to your finances and you can initiate purchasing and trading. To buy LITEX (LXT) on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”.

To spot LITEX (LXT), you will need to put the shortname of the coin (LXT) into the search box, which is highlighted in the image. Make sure you have selected the correct grouping, we have marked this too. Click on “LXT/BTC” to go on.

{How to buy Coin on Binance 1|Binance How To Buy 1} LITEX (LXT)
Step 4 – Purchase LITEX (LXT)

After you have spotted LITEX (LXT), you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). And now we are going to make our own Limit Order.

The field with the “Price” tag will be automatically filled with the most latest price LITEX (LXT) was traded for. You can change this to your favoured price. The field with the “Amount” tag is the volumen of LXT you want to buy. The field with the “Total” tag is the whole price in BTC that you will pay for the whole amount of LXT.

When you're satisfied, make a mouse click on “Buy LXT”. Your plan will be filled as soon as a Vender trades their LXT for the price you gave.

Step 5 – Withdraw LITEX (LXT)

Unless you are regularly trading, best advise is not to keep your crypto coins on an Crypto Trader for an longer time frame. In order to take off your LITEX (LXT), hover over the tab called “Funds” and mouse click on “Withdraw”. LITEX (LXT) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate LITEX (LXT) by using the provided drop-down box. Drop in the amount of LITEX (LXT) you'd like to withdraw. Take into account the displayed fees/minimums. Also make sure you have entered your correct withdraw address.

If you're happy, click on “Submit”. You may be requested for verfication via phone/email before a withdrawal.

Congrats! You've successfully purchased and stored LITEX (LXT).

That's it!

Withdrawals from Cryptocurrency Exchange can take between 1 – 30 minutes (rely on usage of the network). Once you have proved your withdrawal using Etherscan.io or Ethplorer.io and the LITEX (LXT) is stored within your wallet, you are all done.

Some other Guides on How to buy different Altcoins

How to Buy CMGCoin
How to Buy AERUM
How to Buy Altcoins
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