How to Buy LightBit (LITB)

A Step-by-Step-Guide on how to buy LightBit (LITB)

Step 1 – Join eToro

You will first need to purchase units of the major currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below for registration and to get yETH (Ethereum) or BTC (Bitcoin).

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

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. LightBit (LITB) is accessible on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Follow this guide)

Make sure you have chosen the right coin you wish to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. If you are using a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our how-to).

Step 3 – Locate LightBit (LITB)

As soon as your deposit has been confirmed, you'll directly have access to your assets and you can commence purchasing and trading. To invest in LightBit (LITB) on Binance, you will want to go to the tab which is called “Exchange” and click on “Basic”.

In order to locate (LITB) LightBit, you will need to put the cointype (LITB) into the search-box, which is highlighted in the picture. Make sure you have selected the correct grouping, we have highlighted this also. Click on “LITB/BTC” to go on.

How to buy Coin on Binance 1 LightBit (LITB)
Step 4 – Acquisition of LightBit (LITB)

As soon as you have spotted LightBit (LITB), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). Next we're going to make our Limit Order.

The “Price” field will be filled automatically with the most up-to-date valuation LightBit (LITB) was traded for. This can be changed to your desired price. The field with the “Amount” tag is the amount of LITB you like to purchase. The “Total” field is the total price in BTC that you will settle for the whole quantity of LITB.

When you are glad, make a mouse click on “Buy LITB”. Your order will be filled as soon as a Vendor sells their LITB for the price you offered.

Step 5 – Withdraw (LITB) LightBit

Unless you are regularly trading, best advise is not to keep your crypto coins on an Crypto Exchange for an longer time frame. In order to take off your LightBit (LITB), go to the “Funds” tab and mouse click on “Withdraw”. (LITB) LightBit can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find (LITB) LightBit by using the given drop-down box. Drop in the volumen of (LITB) LightBit you'd like to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your right withdraw address.

When you're glad, click “Submit”. You may be asked for verfication via phone/email ahead of a withdrawal.

Kudos! You have successfully bought and safed LightBit (LITB).

That's it!

Take offs from Crypto Trader can take between 1 – 30 minutes (depending on network usage). As soon as you've proved your take off using Etherscan.io or Ethplorer.io and the (LITB) LightBit is stored inside your wallet, you are all done.