A Step-by-Step-Guide on how to buy LITEX (LXT)
Step 1 – Signup to Coinbase – Get Free $10 In the beginning you'll need to purchase units of the top-tier coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for Altcoins. Click the button below to register and to get your first 10$.
Step 2 – Send Your Funds to an Cryptocurrency Exchange Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. LITEX (LXT) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to) Make sure you have chosen the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our guide).
Step 3 – Locate (LXT) LITEX Once your deposit has been confirmed, you will directly have access to your finances and you can initiate buying and trading. To buy (LXT) LITEX on Binance, you will want to hover over the ”Exchange” tab and click on “Basic”. To spot (LXT) LITEX, you will need to insert the cointype (LXT) into the search-box, which is marked in the image. Be certain of having choosen the right pairing, we have marked this too. Click on “LXT/BTC” to advance.
Step 4 – Acquisition of (LXT) LITEX As soon as you've spotted (LXT) LITEX, you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). And now we are making our own Limit Order. The field with the “Price” tag will be filled automatically with the recent tariff (LXT) LITEX was traded for. You can change this to your favoured rate. The ”Amount” field is the amount of LXT you like to buy. The ”Total” field is the whole price in BTC that you will pay for the complete amount of LXT. When you're glad, click on “Buy LXT”. Your plan will be filled as soon as a Vendor trades their LXT for the price you offered.
Step 5 – Withdraw LITEX (LXT) Unless you are frequently trading, best advise is not to keep your coins on an Exchange for an longer time period. In order to withdraw your LITEX (LXT), go to the tab called “Funds” and mouse click on “Withdraw”. LITEX (LXT) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate LITEX (LXT) by using the provided drop-down box. Put into the volumen of LITEX (LXT) you'd like to withdraw. Don't forget the shown minimus/fees. Also make sure you have entered your right withdraw address. If you are happy, make a mouse click on “Submit”. You could be asked for verfication via phone/email ahead of a take off.