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 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency 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. Lition (LIT) is available on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Just follow this manual) Make sure you've chosen the right coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so forth. In the case you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Find Lition (LIT) As soon as your deposit has been affirmed, you will directly have access to your finances and you can begin invest and trading. To buy Lition (LIT) on Binance, you will want to go to the ”Exchange” tab and then click on “Basic”. To find Lition (LIT), you will need to put the cointype (LIT) into the search box, which is marked in the picture. Make sure you have choosen the correct pairing, we have highlighted this also. Click on “LIT/BTC” to proceed.
Step 4 – Purchasing Lition (LIT) Once you have discovered Lition (LIT), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). And now we are going to make our own Limit Order. The ”Price” field will be automatically filled with the most latest price Lition (LIT) was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the volumen of LIT you want to buy. The field with the “Total” tag is the total price in BTC that you will settle for the complete quantity of LIT. If you are happy, click on “Buy LIT”. Your order will be filled when a Seller trades their LIT for the price you gave.
Step 5 – Withdraw Lition (LIT) Unless you're regularly trading, never keep your crypto coins on an Crypto Trader for an extensive time frame. In order to take off your Lition (LIT), hover over the tab called “Funds” and mouse click on “Withdraw”. Lition (LIT) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Lition (LIT) by using the given drop-down box. Enter the amount of Lition (LIT) you'd like to take off. Don't forget the presented fees/minimums. Also make sure you have filled your precise withdraw address. When you are satisfied, make a mouse click on “Submit”. You could be asked for email/phone verification before a withdrawal.