How to Buy Italian Lira (ITL)

A Step-by-Step-Guide on how to buy Italian Lira (ITL)

Step 1 – Signup to Coinbase and get 10$ for free

You will first need to purchase one of the top-tier currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click below to register and receive your welcome 10$.

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

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Italian Lira (ITL) is obtainable on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this manual)

Make sure you've selected the precise coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, et cetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).

Step 3 – Find (ITL) Italian Lira

Once your deposit has been affirmed, you will directly have access to your assets and you can launch buying and trading. To invest in (ITL) Italian Lira on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”.

In order to spot (ITL) Italian Lira, you'll need to insert the cointype (ITL) into the search-box, which is highlighted in the graphic. Make sure you have choosen the correct pairing, we've marked this also. Click on “ITL/BTC” to go on.

How to buy Coin on Binance 1 Italian Lira (ITL)
Step 4 – Acquisition of Italian Lira (ITL)

As soon as you've spotted Italian Lira (ITL), you'll be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). And now we are going to make our own Limit Order.

The field with the “Price” tag will be filled automatically with the latest valuation (ITL) Italian Lira was sold for. You can change this to your preferred price. The field with the “Amount” tag is the quantity of ITL you wish to buy. The field with the “Total” tag is the total price in BTC that you will settle for the whole amount of ITL.

If you're glad, click on “Buy ITL”. Your plan will be filled when a Vender trades their ITL for the price you offered.

Step 5 – Withdraw Italian Lira (ITL)

Unless you're trading, best advise is not to keep coins on an Cryptocurrency Exchange for an extended period of time. In order to take off your Italian Lira (ITL), go to the “Funds” tab and mouse click on “Withdraw”. (ITL) Italian Lira can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (ITL) Italian Lira by using the provided drop-down box. Drop in the amount of Italian Lira (ITL) you'd like to take off. Don't forget the displayed fees/minimums. Also make sure you have entered your right withdraw address.

If you are satisfied, make a mouse click on “Submit”. You may be requested for phone/email verification ahead of a take off.

Congrats! You've successfully bought and stored Italian Lira (ITL).

That's it!

Take offs from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you've confirmed your withdrawal with Ethplorer.io or Etherscan.io and the (ITL) Italian Lira is safe in your wallet, you're all done.