How to Buy Ethereum Lite (ELITE)

A Step-by-Step-Guide on how to buy Ethereum Lite (ELITE)

Step 1 – Join eToro

You will first need to purchase units of the top-tier coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below for registration and to get yBitcoin or Ethereum.

Binance Signup
Step 2 – Transfer Your Funds to an Cryptocurrency Exchange

Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Ethereum Lite (ELITE) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Just follow these easy steps)

Make sure you have chosen the right coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. If you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our manual).

Step 3 – Find (ELITE) Ethereum Lite

Once your deposit has been approved, you'll instantly have access to your funds and you can launch purchasing and trading. To buy Ethereum Lite (ELITE) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”.

To find (ELITE) Ethereum Lite, you'll need to put the cointype (ELITE) into the search-box, which is marked in the image. Make sure you have choosen the right pairing, we've highlighted this too. Click on “ELITE/BTC” to progress.

Binance How To Buy 1 Ethereum Lite (ELITE)
Step 4 – Buy Ethereum Lite (ELITE)

Once you've spotted Ethereum Lite (ELITE), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). And now we are creating our own Limit Order.

The field with the “Price” tag will be automatically filled with the up-to-date valuation Ethereum Lite (ELITE) was sold for. This can be changed to your desired rate. The “Amount” field is the volumen of ELITE you want to purchase. The “Total” field is the aggregated price in BTC that you will settle for the complete amount of ELITE.

If you are glad, make a mouse click on “Buy ELITE”. Your plan will be filled when a Seller trades their ELITE for the price you submitted.

Step 5 – Withdraw (ELITE) Ethereum Lite

Unless you're trading, never keep your crypto on an Crypto Exchange for an longer time period. In order to withdraw your (ELITE) Ethereum Lite, hover over the “Funds” tab and click on “Withdraw”. Ethereum Lite (ELITE) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Ethereum Lite (ELITE) by using the provided drop-down box. Drop in the amount of (ELITE) Ethereum Lite you would like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your correct withdraw address.

When you're happy, click “Submit”. You could be requested for email/phone verification ahead of a withdrawal.

Congratulations! You've successfully purchased and stored (ELITE) Ethereum Lite.

That's it!

Withdrawals from Exchange can durate between 1 – 30 minutes (rely on usage of the network). Once you've proved your withdrawal using Etherscan.io or Ethplorer.io and the (ELITE) Ethereum Lite is safe inside your wallet, you're done.