How to Buy Lytix (LYTX)

A Step-by-Step-Guide on how to buy Lytix (LYTX)

Step 1 – Join Coinbase and recieve 10$ for free

You'll first need to buy units of the top-tier currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click below to register and to get your welcome 10 Dollar.

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

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Lytix (LYTX) is available on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow these easy steps)

Make sure you've chosen the right coin you want to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our manual).

Step 3 – Locate Lytix (LYTX)

As soon as your deposit has been affirmed, you will now have access to your funds and you can initiate buying and trading. To invest in Lytix (LYTX) on Binance, you'll want to go to the “Exchange” tab and mouse click on “Basic”.

To locate Lytix (LYTX), you'll need to insert the shortname of the coin (LYTX) into the search-box, which is highlighted in the image. Make sure you have choosen the right pairing, we have marked this too. Click on “LYTX/BTC” to go on.

Binance How To Buy 1 Lytix (LYTX)
Step 4 – Purchasing Lytix (LYTX)

Once you've located (LYTX) Lytix, you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). And now we're creating our own Limit Order.

The “Price” field will be filled automatically with the most up-to-date rate (LYTX) Lytix was traded for. This can be changed to your desired rate. The “Amount” field is the amount of LYTX you like to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the whole quantity of LYTX.

When you are glad, make a mouse click on “Buy LYTX”. Your plan will be filled as soon as a Vender sells their LYTX for the price you introduced.

Step 5 – Withdraw (LYTX) Lytix

Unless you're trading, best advise is not to keep crypto coins on an Crypto Trader for an extensive time period. In order to take off your (LYTX) Lytix, go to the “Funds” tab and click on “Withdraw”. Lytix (LYTX) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find (LYTX) Lytix by using the given drop-down box. Enter the volumen of Lytix (LYTX) you'd like to withdraw. Take into account the presented fees/minimums. Also make sure you have entered your precise withdraw address.

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

Congrats! You've successfully bought and safed (LYTX) Lytix.

That's it!

Take offs from Exchange can take between 1 – 30 minutes (rely on network usage). Once you have proved your take off with Etherscan.io or Ethplorer.io and the Lytix (LYTX) is safe in your wallet, you're all done.