How to Buy LightBit (LITB)

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

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

You'll first need to buy units of the major coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below for registration and to get your welcome 10 Dollar.

Binance Signup
Step 2 – Transmit Your Bitcoin or Ethereum to an Exchange

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. LightBit (LITB) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow these easy steps)

Make sure you have selected the exact coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, et cetera. If you're using a decentralized exchange, such as Airswap or DDEX could be different (Just follow these easy steps).

Step 3 – Find (LITB) LightBit

Once your deposit has been affirmed, you will instantly have access to your finances and you can launch purchasing and trading. To buy LightBit (LITB) on Binance, you'll want to go to the “Exchange” tab and after that mouse click on “Basic”.

To locate LightBit (LITB), you'll need to put the cointype (LITB) into the search-box, which is marked in the picture. Be certain of having selected the proper pairing, we have marked this also. Click on “LITB/BTC” to continue.

Binance How To Buy 1 LightBit (LITB)
Step 4 – Buying LightBit (LITB)

Once you've located LightBit (LITB), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we're creating our own Limit Order.

The “Price” field will be filled with the recent valuation LightBit (LITB) was sold for. This can be changed to your favoured price. The “Amount” field is the quantity of LITB you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the complete volumen of LITB.

When you're satisfied, make a mouse click on “Buy LITB”. Your order will be filled as soon as a Vender trades their LITB for the price you submitted.

Step 5 – Withdraw LightBit (LITB)

Unless you are regularly trading, best advise is not to keep your crypto on an Exchange for an extended time period. In order to withdraw your (LITB) LightBit, go to the tab called “Funds” and click on “Withdraw”. LightBit (LITB) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate LightBit (LITB) by using the provided drop-down box. Put into the volumen of (LITB) LightBit you would wish to take off. Don't forget the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address.

If you are satisfied, click on “Submit”. You could be asked for email/phone verification before a take off.

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

That's it!

Withdrawals from Exchange can take between 1 – 30 minutes (rely on usage of the network). Once you've proved your take off with Ethplorer.io or Etherscan.io and the LightBit (LITB) is safe inside your wallet, you are all done.