A Step-by-Step-Guide on how to buy LetItRide (LIR)
Step 1 – Join Kraken You'll first need to purchase units of the top-tier currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for Altcoins. Click below for registration and getting Ethereum or Bitcoin.
Step 2 – Transmit Your Bitcoin or Ethereum to an Exchange Your Bitcoin or Ethereum has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. LetItRide (LIR) is accessible on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Just follow these easy steps) Make sure you've selected the correct coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Find LetItRide (LIR) As soon as your deposit has been approved, you'll immediately have access to your assets and you can commence invest and trading. To buy LetItRide (LIR) on Binance, you'll want to go to the ”Exchange” tab and then click on “Basic”. In order to discover LetItRide (LIR), you'll need to insert the shortname of the coin (LIR) into the search box, which is highlighted in the picture. Make sure you have choosen the correct grouping, we have highlighted this also. Click on “LIR/BTC” to go ahead.
Step 4 – Buying LetItRide (LIR) After you have located LetItRide (LIR), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're making our Limit Order. The ”Price” field will be filled with the most up-to-date valuation LetItRide (LIR) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of LIR you wish to purchase. The ”Total” field is the aggregated price in BTC that you will pay for the complete amount of LIR. When you are glad, click on “Buy LIR”. Your plan will be filled as soon as a Seller sells their LIR for the price you submitted.
Step 5 – Withdraw LetItRide (LIR) Unless you are regularly trading, never keep your crypto on an Exchange for an longer period of time. To withdraw your LetItRide (LIR), go to the ”Funds” tab and click on “Withdraw”. LetItRide (LIR) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate LetItRide (LIR) by using the given drop-down box. Enter the volumen of LetItRide (LIR) you'd like to withdraw. Don't forget the shown minimus/fees. Also make sure you have entered your correct withdraw address. If you are satisfied, click “Submit”. You may be asked for verfication via phone/email before a withdrawal.