A Step-by-Step-Guide on how to buy Lition (LIT)
Step 1 – Signup to CEX.io You'll first need to purchase one of the top-tier currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below for registration and to get ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Lition (LIT) is obtainable 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 manual) Make sure you've chosen the precise coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Find Lition (LIT) As soon as your deposit has been approved, you'll now have access to your finances and you can commence invest and trading. To buy Lition (LIT) on Binance, you'll want to hover over the tab which is called “Exchange” and click on “Basic”. In order to spot Lition (LIT), you'll need to insert the shortname of the coin (LIT) into the search box, which is highlighted in the image. Make sure you have choosen the correct pairing, we have highlighted this too. Click on “LIT/BTC” to go on.
Step 4 – Purchase Lition (LIT) After you have spotted Lition (LIT), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we are going to create our own Limit Order. The ”Price” field will be filled automatically with the up-to-date valuation Lition (LIT) was traded for. This can be changed to your desired price. The ”Amount” field is the volumen of LIT you want to buy. The ”Total” field is the aggregated price in BTC that you will pay for the complete volumen of LIT. When you are happy, 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 regularly trading, you should never keepyour coins on an Crypto Exchange for an extended time period. In order to withdraw your Lition (LIT), go to the ”Funds” tab and click on “Withdraw”. Lition (LIT) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Lition (LIT) by using the provided drop-down box. Drop in the amount of Lition (LIT) you'd like to withdraw. Don't forget the presented fees/minimums. Also make sure you have filled your correct withdraw address. If you're happy, click “Submit”. You may be asked for verfication via phone/email ahead of a withdrawal.