How to Buy LITEX (LXT)

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).

Binance Signup
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an 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 identical. LITEX (LXT) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this how-to)

Make sure you've selected the precise coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so forth. If you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).

Step 3 – Find LITEX (LXT)

As soon as your deposit has been confirmed, you'll directly have access to your assets and you can launch buying and trading. To purchase LITEX (LXT) on Binance, you will want to hover over the ”Exchange” tab and then mouse click on “Basic”.

To discover LITEX (LXT), you will need to put the short name of the asset (LXT) into the search box, which is highlighted in the graphic. Be certain of having selected the right grouping, we have highlighted this also. Click on “LXT/BTC” to go ahead.

Binance Hot To Buy LITEX (LXT)
Binance How to Buy (LXT) LITEX
Step 4 – Purchasing LITEX (LXT)

As soon as you have located LITEX (LXT), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we are going to create our own Limit Order.

The field with the “Price” tag will be automatically filled with the most recent valuation 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 wish to buy. The field with the “Total” tag is the whole price in BTC that you'll pay for the whole quantity of LXT.

When you are 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 crypto coins on an Cryptocurrency Exchange for an extensive time period. To withdraw your LITEX (LXT), go to the tab called “Funds” and click on “Withdraw”. LITEX (LXT) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate LITEX (LXT) by using the given drop-down box. Enter the quantity of LITEX (LXT) you would like to take off. Don't forget the displayed fees/minimums. Also make sure you have entered your right withdraw address.

If you're satisfied, click “Submit”. You may be asked for email/phone verification before a withdrawal.

Binance Withdraw

Congratulations! You've successfully purchased and safed LITEX (LXT).

That's it!

Withdrawals from Crypto Trader can durate between 1 – 30 minutes (depending on usage of the network). As soon as you've proved your withdrawal with Etherscan.io or Ethplorer.io and the (LXT) LITEX is safe in your wallet, you're all done.

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