How to Buy Lithium (LIT) in Anguilla

A Step-by-Step-Guide on how to buy Lithium (LIT) in Anguilla

Step 1 – Join Coinmama

You'll first need to buy units of the major currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click below to register and receive your Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Transfer Your Bitcoin or Ethereum 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 identical. Lithium (LIT) is accessible on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this manual)

Make sure you've chosen 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 are working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).

Step 3 – Locate {Lithium (LIT)|(LIT) Lithium}

As soon as your deposit has been verified, you'll directly have access to your funds and you can start buying and trading. To invest in {Lithium (LIT)|(LIT) Lithium} on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”.

To find {Lithium (LIT)|(LIT) Lithium}, you'll need to put the cointype (LIT) into the search-box, which is highlighted in the picture. Be certain of having choosen the proper grouping, we have highlighted this also. Click on “LIT/BTC” to advance.

{How to buy Coin on Binance 1|Binance How To Buy 1} Lithium (LIT)
Step 4 – Buy {Lithium (LIT)|(LIT) Lithium}

Once you have found {Lithium (LIT)|(LIT) Lithium}, you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). And now we're making our Limit Order.

The ”Price” field will be automatically filled with the most recent rate {Lithium (LIT)|(LIT) Lithium} was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the volumen of LIT you like to buy. The ”Total” field is the whole price in BTC that you'll settle for the complete volumen of LIT.

When you're glad, make a mouse click on “Buy LIT”. Your order will be filled when a Vender trades their LIT for the price you submitted.

Step 5 – Withdraw {Lithium (LIT)|(LIT) Lithium}

Unless you are frequently trading, best advise is not to keep your crypto coins on an Crypto Exchange for an extended period of time. To take off your {Lithium (LIT)|(LIT) Lithium}, go to the ”Funds” tab and mouse click on “Withdraw”. {Lithium (LIT)|(LIT) Lithium} can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Lithium (LIT)|(LIT) Lithium} by using the provided drop-down box. Enter the volumen of {Lithium (LIT)|(LIT) Lithium} you would wish to take off. Take into account the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address.

When you are satisfied, click “Submit”. You could be requested for verfication via phone/email ahead of a withdrawal.

Kudos! You've successfully bought and stored Lithium (LIT) in Anguilla.

That's it!

Take offs from Crypto Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). Once you have confirmed your withdrawal using Etherscan.io or Ethplorer.io and the {Lithium (LIT)|(LIT) Lithium} is stored within your wallet, you are all done.

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