How to Buy Lition (LIT)

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).

Binance Signup
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Lition (LIT) is accessible on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this how-to)

Make sure you have selected the right coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our how-to).

Step 3 – Find Lition (LIT)

Once your deposit has been affirmed, you'll now have access to your assets and you can start invest and trading. To buy Lition (LIT) on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”.

In order to discover Lition (LIT), you'll need to insert the cointype (LIT) into the search-box, which is highlighted in the graphic. Be certain of having choosen the correct pairing, we've marked this too. Click on “LIT/BTC” to proceed.

Binance Hot To Buy Lition (LIT)
Binance How to Buy (LIT) Lition
Step 4 – Acquisition of Lition (LIT)

As soon as you've found Lition (LIT), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). Next we're going to create our own Limit Order.

The ”Price” field will be filled automatically with the most up-to-date rate Lition (LIT) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of LIT you wish to purchase. The ”Total” field is the whole price in BTC that you will pay for the whole amount of LIT.

If you are glad, click on “Buy LIT”. Your plan will be filled as soon as a Seller trades their LIT for the price you introduced.

Step 5 – Withdraw Lition (LIT)

Unless you are frequently trading, never keep your crypto coins on an Crypto Trader for an extended period of time. To withdraw your Lition (LIT), hover over the ”Funds” tab and click on “Withdraw”. Lition (LIT) can be stored securely using a Wallet, for instance 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. Don't forget the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address.

If you are glad, make a mouse click on “Submit”. You may be requested for verfication via phone/email before a take off.

Binance Withdraw

Kudos! You've successfully purchased and safed Lition (LIT).

That's it!

Withdrawals from Cryptocurrency Exchange can take between 1 – 30 minutes (rely on network usage). Once you've proved your take off with Ethplorer.io or Etherscan.io and the (LIT) Lition is safe inside your wallet, you are finished.
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