How to Buy Lition (LIT)

A Step-by-Step-Guide on how to buy Lition (LIT)

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

In the beginning you'll need to purchase one of the bigger currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below to register and to get your first 10 Dollar.

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

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

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

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. In the case you're using a decentralized exchange, such as Airswap or DDEX could be different (Follow our how-to).

Step 3 – Locate Lition (LIT)

Once your deposit has been affirmed, you will immediately have access to your finances and you can launch purchasing and trading. To purchase (LIT) Lition on Binance, you'll want to hover over the “Exchange” tab and after that mouse click on “Basic”.

To spot (LIT) Lition, you will need to put the short name of the asset (LIT) into the search box, which is highlighted in the picture. Be certain of having choosen the right pairing, we have highlighted this too. Click on “LIT/BTC” to progress.

Binance How To Buy 1 Lition (LIT)
Step 4 – Purchase Lition (LIT)

After you've discovered (LIT) Lition, you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). And now we are making our Limit Order.

The field with the “Price” tag will be automatically filled with the most latest rate Lition (LIT) was traded for. This can be changed to your favoured price. The “Amount” field is the volumen of LIT you want to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the complete amount of LIT.

When you're happy, click on “Buy LIT”. Your plan will be filled as soon as a Vendor trades their LIT for the price you gave.

Step 5 – Withdraw (LIT) Lition

Unless you are trading, never keep your crypto on an Crypto Trader for an extended time period. To withdraw your (LIT) Lition, hover over the “Funds” tab and click on “Withdraw”. Lition (LIT) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Lition (LIT) by using the given drop-down box. Enter the quantity of Lition (LIT) you would wish to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address.

If you are satisfied, click “Submit”. You could be requested for phone/email verification before a withdrawal.

Congrats! You have successfully purchased and safed Lition (LIT).

That's it!

Take offs from Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). Once you've confirmed your withdrawal with Ethplorer.io or Etherscan.io and the Lition (LIT) is stored in your wallet, you are finished.