A Step-by-Step-Guide on how to buy Lition (LIT) in Anguilla
Step 1 – Signup to Coinmama You will first need to buy one of the bigger currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below for registration and to get your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Lition (LIT) is obtainable on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this guide) Make sure you've selected the precise coin you want to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etc. If you're using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Find Lition (LIT) Once your deposit has been affirmed, you will immediately have access to your finances and you can begin buying and trading. To purchase Lition (LIT) on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”. In order to locate Lition (LIT), you will need to put the shortname of the coin (LIT) into the search-box, which is highlighted in the picture. Make sure you have selected the correct pairing, we've highlighted this also. Click on “LIT/BTC” to progress.
Step 4 – Buying Lition (LIT) After you've found Lition (LIT), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the image). Next we are going to make our own Limit Order. The ”Price” field will be filled with the most recent valuation Lition (LIT) was traded for. This can be changed to your desired price. The field with the “Amount” tag is the volumen of LIT you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you will settle for the whole amount of LIT. When you are satisfied, click on “Buy LIT”. Your plan will be filled when a Vendor trades their LIT for the price you submitted.
Step 5 – Withdraw Lition (LIT) Unless you're regularly trading, best advise is not to keep your coins on an Exchange for an longer time period. In order to withdraw your Lition (LIT), go to the tab called “Funds” and click on “Withdraw”. Lition (LIT) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Lition (LIT) by using the given drop-down box. Drop in the amount of Lition (LIT) you'd wish to take off. Take into account the displayed minimus/fees. Also make sure you have entered your right withdraw address. When you are glad, click “Submit”. You could be requested for verfication via email/phone before a withdrawal.
Congrats! You have successfully bought and safed Lition (LIT) in Anguilla.That's it! Withdrawals from Crypto Trader can durate between 1 – 30 minutes (rely on network usage). Once you've proved your take off using Etherscan.io or Ethplorer.io and the Lition (LIT) is stored inside your wallet, you're all done.
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