A Step-by-Step-Guide on how to buy DollarLite (DLT)
Step 1 –
Join Coinbase and receive 10$ in Bitcoin
In the beginning you'll need to purchase units of the major currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for Altcoins. Click the button below to register and to get BTC (Bitcoin) or ETH (Ethereum).
Step 2 –
Transfer Your Funds to an Exchange
Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. DollarLite (DLT) is accessible on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to)
Make sure you have selected the right coin you wish to deposit.
Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etc. If you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow these easy steps).
Step 3 –
Find (DLT) DollarLite
Once your deposit has been affirmed, you'll directly have access to your funds and you can begin purchasing and trading. To invest in DollarLite (DLT) on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.
In order to spot DollarLite (DLT), you'll need to put the cointype (DLT) into the search-box, which is marked in the picture. Be certain of having choosen the right pairing, we have highlighted this too. Click on “DLT/BTC” to advance.
Step 4 –
Purchase (DLT) DollarLite
Once you have discovered DollarLite (DLT), you'll be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). And now we're creating our Limit Order.
The “Price” field will be automatically filled with the recent rate DollarLite (DLT) was sold for. This can be changed to your favoured rate. The “Amount” field is the amount of DLT you wish to buy. The “Total” field is the total price in Bitcoin that you will settle for the whole quantity of DLT.
When you are glad, click on “Buy DLT”. Your order will be filled as soon as a Vendor sells their DLT for the price you offered.
Step 5 –
Withdraw (DLT) DollarLite
Unless you are trading, best advise is not to keep your crypto on an Crypto Exchange for an extensive time period. To take off your (DLT) DollarLite, go to the “Funds” tab and click on “Withdraw”. DollarLite (DLT) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)
Find DollarLite (DLT) by using the provided drop-down box. Drop in the amount of (DLT) DollarLite you would like to withdraw. Take into account the displayed minimus/fees. Also make sure you have filled your right withdraw address.
If you are glad, click “Submit”. You could be asked for phone/email verification ahead of a take off.