How to Buy LightBit (LITB)

Step 1 – Signup to Kraken

You'll first need to purchase one of the major coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click the button below to register and receive Funds.

Step 2 – Send Your Funds to an Cryptocurrency Exchange

Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. LightBit (LITB) is available on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this how-to)

Make sure you have selected the correct coin you wish to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're working with a decentralized exchange, like Airswap or DDEX could be different (Follow our manual).

Step 3 – Locate LightBit (LITB)

Once your deposit has been verified, you'll now have access to your finances and you can initiate invest and trading. To purchase LightBit (LITB) on Binance, you'll want to hover over the ”Exchange” tab and then mouse click on “Basic”.

To find LightBit (LITB), you'll need to put the short name of the asset (LITB) into the search box, which is highlighted in the picture. Make sure you have choosen the right pairing, we've highlighted this also. Click on “LITB/BTC” to proceed.

Step 4 – Acquisition of LightBit (LITB)

Once you have discovered LightBit (LITB), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). For now we're going to create our own Limit Order.

The ”Price” field will be automatically filled with the most latest valuation LightBit (LITB) was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the volumen of LITB you want to buy. The ”Total” field is the whole price in Bitcoin that you'll settle for the whole amount of LITB.

When you are satisfied, make a mouse click on “Buy LITB”. Your plan will be filled when a Seller trades their LITB for the price you gave.

Step 5 – Withdraw LightBit (LITB)

Unless you are frequently trading, you should never keepyour crypto on an Crypto Trader for an extensive time period. To take off your LightBit (LITB), go to the ”Funds” tab and click on “Withdraw”. LightBit (LITB) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate LightBit (LITB) by using the given drop-down box. Enter the quantity of LightBit (LITB) you would wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have filled your right withdraw address.

If you are happy, click on “Submit”. You could be requested for verfication via email/phone before a take off.