How to Buy Lightning Bitcoin (LBTC)

A Step-by-Step-Guide on how to buy Lightning Bitcoin (LBTC)

Step 1 – Signup to Coinbase – Get Free $10

You'll first need to buy one of the major coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for Altcoins. Click below to register and getting your welcome 10 Dollar.

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

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Lightning Bitcoin (LBTC) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this guide)

Make sure you have selected the precise coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, et cetera. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our manual).

Step 3 – Locate (LBTC) Lightning Bitcoin

As soon as your deposit has been verified, you will immediately have access to your assets and you can begin buying and trading. To purchase Lightning Bitcoin (LBTC) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”.

In order to discover Lightning Bitcoin (LBTC), you'll need to insert the short name of the asset (LBTC) into the search box, which is highlighted in the picture. Be certain of having choosen the proper pairing, we have highlighted this also. Click on “LBTC/BTC” to proceed.

Binance How To Buy 1 Lightning Bitcoin (LBTC)
Step 4 – Buy Lightning Bitcoin (LBTC)

As soon as you have discovered Lightning Bitcoin (LBTC), you will be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). Next we're creating our own Limit Order.

The field with the “Price” tag will be filled automatically with the most latest rate (LBTC) Lightning Bitcoin was sold for. You can change this to your favoured price. The “Amount” field is the volumen of LBTC you like to buy. The “Total” field is the whole price in BTC that you will pay for the complete volumen of LBTC.

When you're glad, make a mouse click on “Buy LBTC”. Your plan will be filled as soon as a Vender sells their LBTC for the price you submitted.

Step 5 – Withdraw Lightning Bitcoin (LBTC)

Unless you are frequently trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an longer time frame. To withdraw your Lightning Bitcoin (LBTC), go to the tab called “Funds” and click on “Withdraw”. Lightning Bitcoin (LBTC) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find (LBTC) Lightning Bitcoin by using the provided drop-down box. Drop in the volumen of (LBTC) Lightning Bitcoin you'd like to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have entered your right withdraw address.

When you're satisfied, click on “Submit”. You could be asked for verfication via email/phone ahead of a take off.

Congrats! You've successfully purchased and stored Lightning Bitcoin (LBTC).

That's it!

Withdrawals from Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). Once you have confirmed your take off using Etherscan.io or Ethplorer.io and the (LBTC) Lightning Bitcoin is stored in your wallet, you're done.