A Step-by-Step-Guide on how to buy Lytix (LYTX)
Step 1 – Join Coinbase – Get Free $10 You will first need to purchase one of the bigger coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click the button below to register and receive your first $10.
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Lytix (LYTX) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide) Make sure you've selected the right coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're using a decentralized exchange, like Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Find (LYTX) Lytix Once your deposit has been verified, you'll immediately have access to your assets and you can begin purchasing and trading. To invest in (LYTX) Lytix on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”. In order to spot (LYTX) Lytix, you'll need to insert the short name of the asset (LYTX) into the search box, which is marked in the picture. Be certain of having choosen the right pairing, we've marked this too. Click on “LYTX/BTC” to proceed.
Step 4 – Acquisition of (LYTX) Lytix After you've discovered (LYTX) Lytix, 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 creating our Limit Order. The field with the “Price” tag will be filled with the most latest rate (LYTX) Lytix was traded for. This can be changed to your preferred rate. The ”Amount” field is the volumen of LYTX you wish to buy. The ”Total” field is the total price in BTC that you'll settle for the whole volumen of LYTX. When you're happy, make a mouse click on “Buy LYTX”. Your order will be filled as soon as a Vendor trades their LYTX for the price you submitted.
Step 5 – Withdraw (LYTX) Lytix Unless you're frequently trading, you should never keepyour coins on an Exchange for an longer period of time. In order to take off your (LYTX) Lytix, go to the tab called “Funds” and mouse click on “Withdraw”. (LYTX) Lytix can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (LYTX) Lytix by using the provided drop-down box. Enter the amount of (LYTX) Lytix you would like to take off. Don't forget the displayed minimus/fees. Also make sure you have filled your precise withdraw address. If you're happy, click on “Submit”. You may be asked for email/phone verification before a withdrawal.