A Step-by-Step-Guide on how to buy Lition (LIT)
Step 1 – Signup to CEX.io You'll first need to purchase one of the major currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below to register and receive your Ethereum or Bitcoin.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Lition (LIT) is available on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow these easy steps) Make sure you have selected the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so on. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Locate Lition (LIT) As soon as your deposit has been affirmed, you will directly have access to your funds and you can commence buying and trading. To invest in Lition (LIT) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”. In order to discover Lition (LIT), you'll need to put the cointype (LIT) into the search-box, which is marked in the picture. Make sure you have choosen the proper grouping, we've highlighted this too. Click on “LIT/BTC” to continue.
Step 4 – Purchasing Lition (LIT) After you've located Lition (LIT), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). For now we are creating our own Limit Order. The ”Price” field will be filled automatically with the most latest price Lition (LIT) was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the volumen of LIT you wish to buy. The ”Total” field is the total price in BTC that you will settle for the whole amount of LIT. If you are glad, click on “Buy LIT”. Your plan will be filled as soon as a Vender sells their LIT for the price you gave.
Step 5 – Withdraw Lition (LIT) Unless you are regularly trading, never keep your crypto on an Crypto Trader for an extended period of time. In order to withdraw your Lition (LIT), hover over the ”Funds” tab and mouse click on “Withdraw”. Lition (LIT) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Lition (LIT) by using the given drop-down box. Drop in the volumen of Lition (LIT) you would wish to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have filled your right withdraw address. When you are happy, click “Submit”. You could be requested for email/phone verification ahead of a take off.