In this article we will explain How to buy Lith Token (LITH) in 2021.
What is LITH?
Lith Token is positioned at 1103 on CoinMarketCap at a price of $0.00. LITH has increased by 6.41% in the past 24 hours.
LITH is listed on a number of popular cryptocurrency exchanges. However, to purchase this coin directly you first need to buy Bitcoin (BTC) on a fiat-to-crypto exchange and transfer this bitcoin to the exchange offering Lith Token. In this guide we will explain this so you can purchase LITH in Ireland in 2021.
Step 1: Create Account on a Fiat-to-Cryptocurrency Exchange
To purchase LITH, you must first purchase bitcoin on a popular fiat-to-crypto exchange, and then transfer this bitcoin to an altcoin exchange offering Lith Token. In this step we will walk through the process of registering on the fiat-to-crypto exchange, Coinbase. This exchange allows customers to trade popular coins such as Bitcoin (BTC) and enables us to transfer bitcoin to other exchanges to purchase altcoins. Follow the link below to register with Coinbase. Once you have setup your account and verified your identity, proceed to Step 2
Step 2: Purchase Bitcoin (BTC)
Now that your account has been verified with Coinbase, you can purchase some bitcoin. Once verification is completed, you will be asked to provide a payment method. You can use bank transfer or credit/debit card to make transactions. Bank transfers have smaller fees but are slower than using a credit or debit card. For customers of Coinbase, a credit or debit card allows you to make an instant purchase of bitcoin and so this method is recommended.
To purchase Bitcoin (BTC), click on “Trade” in the top left corner of the screen, select Bitcoin and confirm your transaction. Congratulations! You have purchased Bitcoin (BTC) and we can now proceed to purchase LITH.
Step 3: Create account on an Altcoin Exchange
Now that you have successfully purchased Bitcoin on Coinbase, we can focus on purchasing LITH. LITH is listed on Altcoin exchanges. Popular altcoin exchanges include Binance and Gate.io. In order to trade on these exchanges you must create an account. Follow the links below to create an account on your desired exchange. It is encouraged to maintain accounts on these various exchanges to ensure you are prepared for trading opportunities that arise on each platform.
Once you have registered and verified your account on your chosen platform, proceed to step 4.
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Step 4: Transfer Bitcoin to your Altcoin Exchange Account
Transferring crypto from one exchange to another is very straight forward. All you need to do is copy the wallet address of the cryptocurrency that you want to receive, so in this case, the bitcoin purchased on Coinbase. In this example I will describe the process using Coinbase to Binance. If you are using a different exchange please search for the platform specific information. However, this process is quite simple and the basic idea is the same on every platform.
On Binance, click on the “Wallet” tab and select “Fiat and spot” to go to your fiat and spot wallet. On this screen you will deposit your previously purchased Bitcoin. In the search box search for Bitcoin (BTC) and under “Action” select Deposit. In this screen you will see your BTC wallet Address on the right of the screen. Copy this address.
Go back to your Coinbase account and on the home screen click “Send/Receive” in the navigation bar. In the next screen click “Send”, paste your Binance wallet address in the “To” form, select “Pay with Bitcoin”, select the required amount and press continue. This transaction should complete in 15 minutes. Congratulations, you have successfully transferred Bitcoin to your Binance account!
Step 5: Purchase Lith Token (LITH)
We are now ready to purchase LITH. On Binance, hover over “Trade” on the navigation bar and select “Classic”. In the search bar on the right, search for LITH and select the result of the format “LITH/BTC” Now, in the “Spot” section in the center of the screen below the market charts, input the BTC amount you want to trade in the “Total “ field and press “Buy LITH”. Congratulations, you have now purchased Lith Token!
In this guide we have demonstrated how to buy Lith Token (LITH) in 2021.