How to Buy BTC Lite (BTCL)

A Step-by-Step-Guide on how to buy BTC Lite (BTCL)

Step 1 – Signup to Coinbase and receive 10$ in Bitcoin

You will first need to buy units of the top-tier coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below for registration and receive ETH (Ethereum) or BTC (Bitcoin).

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

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. BTC Lite (BTCL) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow these easy steps)

Make sure you've selected the right coin you would like to deposit.

BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so on. If you're using a decentralized exchange, like Airswap or DDEX could be unlike (Follow these easy steps).

Step 3 – Locate (BTCL) BTC Lite

Once your deposit has been approved, you will now have access to your finances and you can begin invest and trading. To buy BTC Lite (BTCL) on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”.

In order to locate (BTCL) BTC Lite, you'll need to put the cointype (BTCL) into the search-box, which is marked in the image. Make sure you have selected the correct pairing, we've marked this too. Click on “BTCL/BTC” to go ahead.

How to buy Coin on Binance 1 BTC Lite (BTCL)
Step 4 – Buy (BTCL) BTC Lite

After you have spotted BTC Lite (BTCL), you'll be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). For now we're going to create our own Limit Order.

The field with the “Price” tag will be automatically filled with the most latest tariff (BTCL) BTC Lite was traded for. You can change this to your desired price. The field with the “Amount” tag is the quantity of BTCL you like to buy. The “Total” field is the whole price in BTC that you will settle for the whole amount of BTCL.

If you're happy, click on “Buy BTCL”. Your plan will be filled as soon as a Vendor trades their BTCL for the price you gave.

Step 5 – Withdraw (BTCL) BTC Lite

Unless you're trading, best advise is not to keep your coins on an Crypto Trader for an extended period of time. In order to withdraw your (BTCL) BTC Lite, hover over the tab called “Funds” and mouse click on “Withdraw”. (BTCL) BTC Lite can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate BTC Lite (BTCL) by using the given drop-down box. Put into the amount of BTC Lite (BTCL) you would like to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address.

When you are happy, click on “Submit”. You may be asked for verfication via phone/email before a take off.

Congratulations! You have successfully purchased and stored BTC Lite (BTCL).

That's it!

Withdrawals from Exchange can take between 1 – 30 minutes (depending on network usage). Once you have proved your take off with or and the BTC Lite (BTCL) is safe within your wallet, you are finished.