How to Buy LITEX (LXT) in Anguilla

A Step-by-Step-Guide on how to buy LITEX (LXT) in Anguilla

Step 1 – Signup to Coinmama

You will first need to purchase one of the major coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for Altcoins. Click below to register and receive your Ethereum or Bitcoin.

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

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. LITEX (LXT) is accessible on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow these easy steps)

Make sure you have selected the exact 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 using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow these easy steps).

Step 3 – Locate {LITEX (LXT)|(LXT) LITEX}

As soon as your deposit has been affirmed, you will immediately have access to your assets and you can commence invest and trading. To purchase {LITEX (LXT)|(LXT) LITEX} on Binance, you will want to go to the ”Exchange” tab and click on “Basic”.

To find {LITEX (LXT)|(LXT) LITEX}, you will need to insert the cointype (LXT) into the search-box, which is highlighted in the picture. Make sure you have choosen the correct grouping, we have highlighted this too. Click on “LXT/BTC” to go on.

{How to buy Coin on Binance 1|Binance How To Buy 1} LITEX (LXT)
Step 4 – Acquisition of {LITEX (LXT)|(LXT) LITEX}

As soon as you have spotted {LITEX (LXT)|(LXT) LITEX}, you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we're making our own Limit Order.

The field with the “Price” tag will be filled automatically with the latest rate {LITEX (LXT)|(LXT) LITEX} was traded for. This can be changed to your preferred rate. The field with the “Amount” tag is the volumen of LXT you wish to buy. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the whole volumen of LXT.

If you're glad, click on “Buy LXT”. Your order will be filled as soon as a Vendor trades their LXT for the price you introduced.

Step 5 – Withdraw {LITEX (LXT)|(LXT) LITEX}

Unless you are regularly trading, best advise is not to keep your crypto coins on an Crypto Exchange for an extended time period. To take off your {LITEX (LXT)|(LXT) LITEX}, hover over the ”Funds” tab and click on “Withdraw”. {LITEX (LXT)|(LXT) LITEX} can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find {LITEX (LXT)|(LXT) LITEX} by using the given drop-down box. Drop in the amount of {LITEX (LXT)|(LXT) LITEX} you would like to take off. Don't forget the presented fees/minimums. Also make sure you have entered your right withdraw address.

When you are happy, click “Submit”. You may be asked for phone/email verification ahead of a take off.

Congrats! You've successfully bought and safed LITEX (LXT) in Anguilla.

That's it!

Take offs from Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). Once you've confirmed your take off using Etherscan.io or Ethplorer.io and the {LITEX (LXT)|(LXT) LITEX} is safe inside your wallet, you are done.

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