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 – Transfer Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. LITEX (LXT) is available on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow these easy steps) Make sure you've selected the exact coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow these easy steps).
Step 3 – Find LITEX (LXT) Once your deposit has been affirmed, you'll immediately have access to your funds and you can initiate purchasing and trading. To purchase LITEX (LXT) on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”. To discover LITEX (LXT), you'll need to insert the shortname of the coin (LXT) into the search box, which is highlighted in the picture. Make sure you have selected the proper pairing, we have marked this too. Click on “LXT/BTC” to go ahead.
Step 4 – Buying LITEX (LXT) Once you've found LITEX (LXT), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). And now we're going to create our own Limit Order. The ”Price” field will be filled with the most recent price LITEX (LXT) was sold for. This can be changed to your preferred price. The ”Amount” field is the volumen of LXT you wish to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the whole amount of LXT. When you are satisfied, click on “Buy LXT”. Your plan will be filled when a Vender trades their LXT for the price you submitted.
Step 5 – Withdraw LITEX (LXT) Unless you're frequently trading, best advise is not to keep coins on an Crypto Trader for an longer period of time. To withdraw your LITEX (LXT), hover over the ”Funds” tab and mouse click on “Withdraw”. LITEX (LXT) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate LITEX (LXT) by using the provided drop-down box. Enter the amount of LITEX (LXT) you'd like to take off. Don't forget the displayed fees/minimums. Also make sure you have filled your right withdraw address. If you are satisfied, click on “Submit”. You could be asked for phone/email verification ahead of a take off.