A Step-by-Step-Guide on how to buy Ethereum Lite (ELITE)
Step 1 – Join Coinbase and get 10$ for free You'll first need to purchase units of the bigger coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click below to register and receive your welcome $10.
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Ethereum Lite (ELITE) is available on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Follow this manual) Make sure you've selected the right coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Locate (ELITE) Ethereum Lite As soon as your deposit has been verified, you will instantly have access to your funds and you can commence invest and trading. To buy (ELITE) Ethereum Lite on Binance, you'll want to hover over the “Exchange” tab and click on “Basic”. To discover (ELITE) Ethereum Lite, you'll need to insert the short name of the asset (ELITE) into the search-box, which is marked in the graphic. Be certain of having selected the proper pairing, we have highlighted this also. Click on “ELITE/BTC” to go ahead.
Step 4 – Purchase Ethereum Lite (ELITE) Once you have spotted Ethereum Lite (ELITE), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). And now we're going to make our own Limit Order. The “Price” field will be filled with the most latest price Ethereum Lite (ELITE) was sold for. You can change this to your desired price. The “Amount” field is the amount of ELITE you want to buy. The “Total” field is the total price in BTC that you will settle for the complete amount of ELITE. If you're satisfied, make a mouse click on “Buy ELITE”. Your order will be filled when a Vendor sells their ELITE for the price you introduced.
Step 5 – Withdraw (ELITE) Ethereum Lite Unless you're frequently trading, best advise is not to keep your crypto coins on an Exchange for an longer time period. In order to withdraw your Ethereum Lite (ELITE), hover over the tab called “Funds” and mouse click on “Withdraw”. Ethereum Lite (ELITE) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (ELITE) Ethereum Lite by using the provided drop-down box. Enter the quantity of (ELITE) Ethereum Lite you would like to take off. Don't forget the presented minimus/fees. Also make sure you have entered your right withdraw address. When you're satisfied, click “Submit”. You could be asked for email/phone verification ahead of a withdrawal.