A Step-by-Step-Guide on how to buy Lition (LIT)
Step 1 – Signup to Coinbase and get 10$ for free You'll first need to buy units of the bigger coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click the button below for registration and getting your first 10$.
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Lition (LIT) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this manual) Make sure you've selected the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our manual).
Step 3 – Find Lition (LIT) As soon as your deposit has been confirmed, you will instantly have access to your funds and you can begin buying and trading. To purchase Lition (LIT) on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. In order to spot Lition (LIT), you will need to insert the cointype (LIT) into the search box, which is highlighted in the picture. Be certain of having choosen the right grouping, we have highlighted this also. Click on “LIT/BTC” to continue.
Step 4 – Purchase Lition (LIT) After you've spotted Lition (LIT), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). Next we are going to create our Limit Order. The ”Price” field will be filled with the most recent rate Lition (LIT) was sold for. This can be changed to your preferred price. The field with the “Amount” tag is the quantity of LIT you want to buy. The field with the “Total” tag is the whole price in BTC that you'll pay for the complete quantity of LIT. When you're happy, make a mouse click on “Buy LIT”. Your plan will be filled as soon as a Vendor trades their LIT for the price you offered.
Step 5 – Withdraw (LIT) Lition Unless you are frequently trading, best advise is not to keep your crypto coins on an Crypto Exchange for an extensive time period. To take off your (LIT) Lition, hover over the tab called “Funds” and click on “Withdraw”. (LIT) Lition can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (LIT) Lition by using the provided drop-down box. Put into the quantity of (LIT) Lition you'd wish to take off. Take into account the displayed minimus/fees. Also make sure you have filled your right withdraw address. If you are satisfied, click “Submit”. You could be asked for verfication via phone/email ahead of a take off.