A Step-by-Step-Guide on how to buy LITEX (LXT)
Step 1 – Signup to Coinbase – Get Free $10 You will first need to buy units of the bigger currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below for registration and to get your first 10$.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. LITEX (LXT) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to) Make sure you have selected the right coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. If you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Find (LXT) LITEX Once your deposit has been approved, you'll immediately have access to your assets and you can initiate invest and trading. To buy (LXT) LITEX on Binance, you'll want to hover over the tab which is called “Exchange” and click on “Basic”. In order to discover (LXT) LITEX, you'll need to insert the cointype (LXT) into the search box, which is highlighted in the image. Make sure you have selected the correct pairing, we have highlighted this too. Click on “LXT/BTC” to continue.
Step 4 – Buy (LXT) LITEX Once you have discovered (LXT) LITEX, you will be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). Next we're creating our own Limit Order. The field with the “Price” tag will be filled with the up-to-date rate (LXT) LITEX was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the amount of LXT you like to purchase. The ”Total” field is the whole price in BTC that you will settle for the complete amount of LXT. If you're satisfied, click on “Buy LXT”. Your plan will be filled when a Vender sells their LXT for the price you offered.
Step 5 – Withdraw (LXT) LITEX Unless you're frequently trading, best advise is not to keep your coins on an Crypto Trader for an longer time frame. To take off your (LXT) LITEX, hover over the ”Funds” tab and click on “Withdraw”. (LXT) LITEX can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (LXT) LITEX by using the provided drop-down box. Drop in the quantity of (LXT) LITEX you would wish to take off. Don't forget the shown fees/minimums. Also make sure you have filled your precise withdraw address. When you're happy, click on “Submit”. You could be asked for phone/email verification before a take off.