A Step-by-Step-Guide on how to buy LetItRide (LIR)
Step 1 – Join Coinbase and get 10$ for free You will first need to buy units of the bigger currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click the button below for registration and to get your welcome 10$.
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. LetItRide (LIR) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this manual) Make sure you have chosen the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. If you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Locate LetItRide (LIR) As soon as your deposit has been approved, you'll directly have access to your assets and you can start buying and trading. To buy LetItRide (LIR) on Binance, you'll want to hover over the ”Exchange” tab and then click on “Basic”. To find LetItRide (LIR), you'll need to put the shortname of the coin (LIR) into the search box, which is marked in the image. Be certain of having choosen the proper pairing, we've marked this too. Click on “LIR/BTC” to advance.
Step 4 – Purchase LetItRide (LIR) After you've spotted LetItRide (LIR), you'll be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). For now we're creating our own Limit Order. The ”Price” field will be automatically filled with the most up-to-date price LetItRide (LIR) was sold for. This can be changed to your desired rate. The ”Amount” field is the amount of LIR you like to buy. The ”Total” field is the aggregated price in BTC that you'll pay for the whole amount of LIR. If you are glad, click on “Buy LIR”. Your order will be filled when a Seller trades their LIR for the price you submitted.
Step 5 – Withdraw LetItRide (LIR) Unless you are regularly trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an extended time frame. In order to withdraw your LetItRide (LIR), hover over the ”Funds” tab and click on “Withdraw”. LetItRide (LIR) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate LetItRide (LIR) by using the given drop-down box. Drop in the quantity of LetItRide (LIR) you would like to withdraw. Take into account the presented minimus/fees. Also make sure you have filled your right withdraw address. When you are glad, click “Submit”. You may be requested for verfication via email/phone before a take off.