A Step-by-Step-Guide on how to buy Lition (LIT)
Step 1 – Join CEX.io In the beginning you'll need to buy one of the top-tier coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Follow the Link below to register and to get your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need 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 illustration. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to) Make sure you've chosen the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. If you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Locate (LIT) Lition As soon as your deposit has been affirmed, you will instantly have access to your funds and you can begin invest and trading. To invest in (LIT) Lition on Binance, you will want to hover over the ”Exchange” tab and then mouse click on “Basic”. To find (LIT) Lition, you will need to put the cointype (LIT) into the search box, which is highlighted in the graphic. Be certain of having choosen the proper pairing, we have highlighted this too. Click on “LIT/BTC” to advance.
Step 4 – Purchasing (LIT) Lition After you have discovered (LIT) Lition, you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). Next we're creating our own Limit Order. The ”Price” field will be automatically filled with the most recent tariff (LIT) Lition was traded for. This can be changed to your desired price. The field with the “Amount” tag is the amount of LIT you wish to buy. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the complete amount of LIT. If you are happy, click on “Buy LIT”. Your plan will be filled when a Seller trades their LIT for the price you gave.
Step 5 – Withdraw (LIT) Lition Unless you're frequently trading, you should never keepyour crypto coins on an Exchange for an extended time frame. To take off your (LIT) Lition, go to the tab called “Funds” and click on “Withdraw”. (LIT) Lition can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (LIT) Lition by using the provided drop-down box. Put into the volumen of (LIT) Lition you'd wish to take off. Don't forget the shown minimus/fees. Also make sure you have filled your correct withdraw address. When you're satisfied, click on “Submit”. You may be asked for verfication via email/phone ahead of a withdrawal.