A Step-by-Step-Guide on how to buy DollarLite (DLT)
Step 1 – Join Coinbase and recieve 10$ for free In the beginning you'll need to buy one of the bigger coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click below to register and receive your welcome 10$.
Step 2 – Send Your Funds to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. DollarLite (DLT) is accessible on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Follow this how-to) Make sure you have selected the correct coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etcetera. In the case you're using a decentralized exchange, such as Airswap or DDEX could be different (Just follow our manual).
Step 3 – Find DollarLite (DLT) Once your deposit has been confirmed, you will now have access to your funds and you can initiate purchasing and trading. To purchase (DLT) DollarLite on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”. To locate (DLT) DollarLite, you'll need to put the cointype (DLT) into the search box, which is marked in the picture. Make sure you have choosen the proper grouping, we've highlighted this also. Click on “DLT/BTC” to progress.
Step 4 – Buy (DLT) DollarLite Once you've located (DLT) DollarLite, you will be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). Next we are making our Limit Order. The “Price” field will be filled with the latest rate DollarLite (DLT) was traded for. You can change this to your desired rate. The “Amount” field is the amount of DLT you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the complete quantity of DLT. When you're glad, click on “Buy DLT”. Your plan will be filled as soon as a Vender trades their DLT for the price you gave.
Step 5 – Withdraw (DLT) DollarLite Unless you're frequently trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an extensive period of time. In order to withdraw your DollarLite (DLT), go to the “Funds” tab and click on “Withdraw”. DollarLite (DLT) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (DLT) DollarLite by using the given drop-down box. Drop in the amount of DollarLite (DLT) you'd like to withdraw. Don't forget the shown minimus/fees. Also make sure you have entered your right withdraw address. If you are satisfied, click “Submit”. You may be asked for email/phone verification before a withdrawal.