How to Buy LiteBitcoin (LBTC)

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

Step 1 – Join Coinbase – Get Free $10

You will first need to buy one of the top-tier coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below for registration and getting your first $10.

Binance Signup
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. LiteBitcoin (LBTC) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this guide)

Make sure you've chosen the exact coin you would like to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so on. In the case you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our manual).

Step 3 – Locate (LBTC) LiteBitcoin

Once your deposit has been approved, you will instantly have access to your funds and you can start buying and trading. To invest in (LBTC) LiteBitcoin on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”.

To spot LiteBitcoin (LBTC), you will need to put the short name of the asset (LBTC) into the search box, which is marked in the graphic. Be certain of having selected the correct grouping, we've highlighted this too. Click on “LBTC/BTC” to proceed.

Binance How To Buy 1 LiteBitcoin (LBTC)
Step 4 – Purchase (LBTC) LiteBitcoin

As soon as you have spotted LiteBitcoin (LBTC), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). And now we are creating our Limit Order.

The “Price” field will be filled with the most latest valuation (LBTC) LiteBitcoin was sold for. You can change this to your favoured price. The “Amount” field is the amount of LBTC you want to purchase. The field with the “Total” tag is the aggregated price in BTC that you will settle for the complete quantity of LBTC.

If you are glad, make a mouse click on “Buy LBTC”. Your plan will be filled as soon as a Seller sells their LBTC for the price you offered.

Step 5 – Withdraw (LBTC) LiteBitcoin

Unless you're trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an extended time period. To take off your LiteBitcoin (LBTC), go to the tab called “Funds” and mouse click on “Withdraw”. (LBTC) LiteBitcoin can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate LiteBitcoin (LBTC) by using the provided drop-down box. Enter the quantity of (LBTC) LiteBitcoin you would like to take off. Don't forget the demonstrated minimus/fees. Also make sure you have filled your right withdraw address.

If you're happy, click on “Submit”. You may be asked for phone/email verification ahead of a take off.

Congrats! You have successfully purchased and safed LiteBitcoin (LBTC).

That's it!

Take offs from Crypto Exchange can take between 1 – 30 minutes (depending on usage of the network). Once you have confirmed your take off with Etherscan.io or Ethplorer.io and the (LBTC) LiteBitcoin is safe within your wallet, you are finished.