A Step-by-Step-Guide on how to buy Lithium (LIT)
Step 1 – Signup to Coinbase and recieve 10$ for free You'll first need to buy one of the major currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below to register and to get your welcome $10.
Step 2 – Send Your Bitcoin or Ethereum to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Lithium (LIT) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this guide) Make sure you've selected the right coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etc. In the case you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Find Lithium (LIT) Once your deposit has been affirmed, you'll directly have access to your funds and you can launch invest and trading. To buy (LIT) Lithium on Binance, you'll want to hover over the “Exchange” tab and after that click on “Basic”. In order to find (LIT) Lithium, you will need to insert the shortname of the coin (LIT) into the search-box, which is highlighted in the picture. Be certain of having selected the right pairing, we've marked this also. Click on “LIT/BTC” to continue.
Step 4 – Buy (LIT) Lithium After you have located (LIT) Lithium, you will be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we are going to make our own Limit Order. The “Price” field will be filled automatically with the recent valuation Lithium (LIT) was traded for. This can be changed to your desired price. The field with the “Amount” tag is the volumen of LIT you want to buy. The field with the “Total” tag is the whole price in BTC that you'll settle for the complete amount of LIT. If you are glad, make a mouse click on “Buy LIT”. Your order will be filled when a Seller sells their LIT for the price you introduced.
Step 5 – Withdraw (LIT) Lithium Unless you are regularly trading, you should never keepyour coins on an Cryptocurrency Exchange for an extended period of time. In order to withdraw your Lithium (LIT), hover over the tab called “Funds” and click on “Withdraw”. (LIT) Lithium can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (LIT) Lithium by using the given drop-down box. Put into the volumen of (LIT) Lithium you'd wish to withdraw. Take into account the presented fees/minimums. Also make sure you have entered your right withdraw address. When you're satisfied, click “Submit”. You could be asked for phone/email verification ahead of a take off.