A Step-by-Step-Guide on how to buy LITEX (LXT)
Step 1 – Signup to Kraken In the beginning you'll need to buy one of the top-tier currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below for registration and receive Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. LITEX (LXT) is obtainable on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this guide) Make sure you have selected the correct coin you want to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Find LITEX (LXT) As soon as your deposit has been approved, you'll directly have access to your assets and you can initiate purchasing and trading. To purchase LITEX (LXT) on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”. In order to discover LITEX (LXT), you'll need to insert the shortname of the coin (LXT) into the search-box, which is highlighted in the graphic. Make sure you have selected the correct pairing, we've highlighted this also. Click on “LXT/BTC” to go ahead.
Step 4 – Buying LITEX (LXT) Once you've spotted LITEX (LXT), you'll be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). And now we're going to create our own Limit Order. The ”Price” field will be filled with the most up-to-date price LITEX (LXT) was sold for. This can be changed to your preferred price. The field with the “Amount” tag is the volumen of LXT you want to purchase. The ”Total” field is the whole price in Bitcoin that you'll settle for the whole amount of LXT. If you're satisfied, make a mouse click on “Buy LXT”. Your order will be filled when a Seller trades their LXT for the price you submitted.
Step 5 – Withdraw LITEX (LXT) Unless you are frequently trading, you should never keepyour coins on an Crypto Trader for an extensive period of time. To take off your LITEX (LXT), hover over the tab called “Funds” and click on “Withdraw”. LITEX (LXT) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find LITEX (LXT) by using the provided drop-down box. Enter the quantity of LITEX (LXT) you'd like to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have filled your right withdraw address. When you are happy, click on “Submit”. You could be requested for phone/email verification before a take off.