A Step-by-Step-Guide on how to buy Lition (LIT)
Step 1 – Signup to Kraken In the beginning you'll need to buy units of the top-tier coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Follow the Link below to register and receive BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Lition (LIT) is accessible on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this how-to) Make sure you've selected the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you are working with a decentralized exchange, like Airswap or DDEX could be different (Just follow our manual).
Step 3 – Locate Lition (LIT) Once your deposit has been verified, you'll instantly have access to your funds and you can start invest and trading. To invest in Lition (LIT) on Binance, you'll want to hover over the ”Exchange” tab and then mouse click on “Basic”. To discover Lition (LIT), you'll need to insert the cointype (LIT) into the search-box, which is marked in the image. Be certain of having selected the proper pairing, we have marked this also. Click on “LIT/BTC” to proceed.
Step 4 – Acquisition of Lition (LIT) After you have spotted Lition (LIT), you'll be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). And now we are making our own Limit Order. The field with the “Price” tag will be filled with the recent valuation Lition (LIT) was traded for. You can change this to your desired price. The ”Amount” field is the quantity of LIT you like to buy. The ”Total” field is the aggregated price in Bitcoin that you will settle for the complete quantity of LIT. If you're glad, make a mouse click on “Buy LIT”. Your order will be filled when a Vendor sells their LIT for the price you offered.
Step 5 – Withdraw Lition (LIT) Unless you're trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an longer time period. In order to withdraw your Lition (LIT), hover over the ”Funds” tab and mouse click on “Withdraw”. Lition (LIT) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Lition (LIT) by using the given drop-down box. Put into the volumen of Lition (LIT) you'd wish to withdraw. Take into account the presented minimus/fees. Also make sure you have filled your precise withdraw address. If you're glad, click on “Submit”. You could be asked for verfication via email/phone ahead of a withdrawal.