How to buy Litentry (LIT) on the Binance platform
There is no doubt one of the world’s leading trading platforms nowadays is Binance.
However, if you want to start operating on it, the first thing you must do is to discover how to buy Litentry (LIT).
That’s why on this page we will bring you all what you need to know to trade with Litentry (LIT) on the Binance crypto exchange.
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Learn how to register on Binance
To be able to buy Litentry (LIT) on Binance, the vital thing you have to know is certainly how to subscribe.
Quick and easy registration: just follow the detailed guidelines below.
On the Binance homepage you have to locate the "Register" option and click on it.
Here you have the direct link to Binance.
In the Binance homepage you’ll find a button labeled "Register with a phone or email". Press it.
iOS phones or tablets can be used to do this as well.
In this article you’ll will see the registration technique using an e-mail address.
- First, pick the country from the drop-down list according to your place of residence.
- Following, type your email address and a security password. Bear in mind that you are going to trade money, you must give relevance to the password you select
- Here you must accept "Terms of Service" and, if you want to receive information, news and updates from Binance in your email address, mark in the corresponding box
Check the inbox at the e-mail address you used for registration and search the activation code for your account. Enter it in the corresponding box and press "Send"
That’s all! You are now signed up with Binance.
Take a time to get acquainted to the different options of the Binance platform by browsing them.
That’s the best way to know how friendly the Binance platform is, and how fast you can start operating with Litentry (LIT).
The ID verification is a mandatory step you need to fulfill to get access to all these options.
It is very important to note that unless you complete this safety measure, youwon’t be allowed to begin operating with Litentry (LIT).
In the next paragraphs, you’ll be guided on how to do it. Hassle-free.
How to verify your Binance account and put hands on trading
See the next instructions and become an authorized customer:
From the user profile menu, choose "Security"
Another option is to move to the top of the navigator window and click on the "Verify" button
Select "Identification" on the left options list.
Country of residence is the first thing you must choose.
Next, the three levels of verification:
- The one you already have.
- The Verified.
- The Verified Plus.
will be shown on screen.
To begin, you must choose "Verified", clicking on the "Start now" button below that label.
In this step, some personal data wil be required:
- Nationality.
- First Name and Surname.
- Middle name and date of birth.
- Exact address of your residence.
- Middle name and birth date.
- Second name and date of birth.
Here, the Binance platform will require you to use a legal document for identity corroboration.
Use your passport, ID card or even your driver’s license to complete this step.
Follow the system guidance to take a selfie.
The final step will be carried out by the Binance system: a corroboration process that will take only a short time.
Now you must wait until your request has been approved. Be patient, the system is going to let you know via email.
The following instructions will guide you through the Litentry (LIT) buying process. As soon as you’ve got the confirmation email, you have become a Binance authorized Litentry (LIT) trader.
Purchasing Litentry (LIT) on Binance
So, account confirmed means you can begin purchasing Litentry (LIT) right now.
In this section you’ll discover how simple is to make a purchase of Litentry (LIT).
At this point, the Binance platform will ask you to use a legal document for identity verification.
You can do this with your ID card, passport, or driver’s license.
Follow the system requirements to take a selfie.
The final step will be carried out by the Binance system: a confirmation process that will just take a while.
When your application has been approved, Binance will let you know via email, just be patient.
The following instructions will guide you through the Litentry (LIT) trading process. As soon as you’ve got the confirmation email, you have become a Binance authorized Litentry (LIT) trader.
Buying Litentry (LIT) on Binance
Since you are registered on the platform and got your account verified, you’re OK to begin trading.
In this section you’ll see how easy is to make a purchase of Litentry (LIT).
Some steps might have alternative paths
See the "Buy cryptos" menu on the Binance main page to find out which options you have when making a purchase.
You need to, of course, do this once you are signed into your account
Move your mouse over this key and a list of buying alternatives will be shown.
Next, you’ll have to to use a legal document to sustain your identity.
ID card, passport or even a license will be enough to complete this requirement.
Now, you will have to take a selfie, according to the application’s guidelines.
After you have fulfilled the platform’s guidelines, you’ll have to wait a short while for the confirmation to be performed on your account.
So, be patient, Binance will let you know via email as soon as your profile has been accepted.
Upon receiving that e-mail it’s time to get Litentry (LIT), just follow the guidelines below.
Buying Litentry (LIT) on Binance
Starting your Litentry (LIT) trading career has never been so simple, right?.
Learning how to convert cash into Litentry (LIT) is not so difficult.
Take into account that you could have different options for this process
Look for the "Buy cryptos" menu on the Binance main page to know which options you have when making a purchase.
Needless to say you must be logged into your account to do this
Placing your mouse pointer over this option will show a list of alternatives to make the purchase.
Buying Litentry (LIT) with a credit/debit card
Go to the "Buy Cryptos" and pick the credit card-related option from the menu.
Read on for detailed guidelines:
In the next box, select the currency you want to use and type how much you want to invest.
In the second field you should select the Litentry (LIT) you wish to get
Once you do so, the platform will immediately show you the quantity of Litentry (LIT) you are going to receive, according the amount of USD you’ve previously stated.
After that, just adhere to the following instructions:
In the next box, pick the currency you wish to use and specify the amount you are going to invest.
The the Litentry (LIT) you intend to get must be indicated in the second field
After you do so, the system will automatically display the number of Litentry (LIT) you’ll receive, taking into account the amount of USD you have previously invested.
Next click "Continue".
To use your CC as a payment method, select in the "Visa/Mastercard" field the option "Add card".
Enter your CC details and click "Next".
The credit card’s associated address should be specified next. Be very careful, since you’ll need to write it exactly as it is, otherwise the card might not be approved. Then press "Add card".
When you see your card has been included, click on "Continue".
Next, you’ll be presented a quick view of the operation in its final stage. It includes the amount you are paying, the chosen currency and the quantity of Litentry (LIT) purchased.
It will also let you know the commission will be charged for the operation.
At this point you have 60 seconds to click on "Confirm", otherwise the order will automatically expire.
The following step has to be carried out on the credit card bank platform. Follow the guidelines in the same way you would generate a payment with your credit card.
Once the banking procedure is complete, you’ll have your purchased Litentry (LIT) in your Binance digital wallet (referred to as the «Spot Wallet»)
Know how to purchase Litentry (LIT) via Binance P2P
This is a transaction made «Person To Person», i.e.: exchanging Litentry (LIT)
with another Binance user. To do this, the first step is to indicate which payment method you wish to apply.
The system will now display the synthesis of the buying order you are generating. The amount you will pay with the currency you have chosen, and the Litentry (LIT) you will get.
Another important detail in this snapshot is the amount Binance will charge you as a commision for making the operation.
You have 60 seconds to click on "Confirm", otherwise the order will automatically expire.
The Binance platform will now reroute you to the bank issuing the credit card. Follow the guidelines in the same way you would normally pay with your card.
You can check your Binance e-wallet (referred to as the «Spot Wallet») as soon as the banking procedure is complete and you’ll find your recently bought Litentry (LIT) already credited
See how easy is how to buy Litentry (LIT) via Binance P2P
You could buy Litentry (LIT) not only via a direct purchase, but exchanging them «Person To Person»
with another Binance user too. You should add the payment method you wish to use first.
- Login to the "Security" section of your account.
- In the list on the left-hand side click on "Payment".
- After Clicking on "Add a Payment Method" the Binance system will guide you through the rest of the procedure.
When the new method of payment has been added to your account, look for the "Buy Crypto" menu in the upper part of the display, press on the "Trading P2P" option and follow the steps described below:
- Locate the "Buy" button on the upper bar of the "P2P Account" menu and click it
- The complete set of Litentry (LIT) available for purchase through P2P trading will be displayed in this list, so you will be able to select the one you’re interested in. As for this example, we will present «USDT».It is important to note that when you buy any crypto through P2P trading, you will be able to exchange it for any of the foreign currencies valid in the Binance platform.
- Choose the local currency you want to pay with from the drop-down menu under the "Fiat" label, for instance, «VES».
- In the "Amount" box, enter the sum in VES you intend to buy with.
- After you have chosen the payment method, the platform will display a register of traders’ offers.
- From the list displayed list, you may pick any of the sellers. Although it is advisable to select a verified one and better if a good percentage of completed sales is displayed.
- Select "Buy USDT"
- Write the amount in VES you would want to invest
- Again, select "Buy USDT"
- Now a purchase order has been generated and the seller and you will contact. Pay, click on "Transferred, Next", then press "Confirm". Be aware that there’s a time limit for you to pay.
Learn how to transfer your Litentry (LIT) to the Spot Wallet
Cryptos will be released by the seller as soon as payment reception acknowledge has been done.
This way, they will automatically be added to your account balance.
Take into account that your Litentry (LIT) must be in your Spot Wallet in order for you to purchase others, so you need to transfer them there before.
That’s easy: just click on "Transfer to Spot Wallet" once the purchase order has been completed.
This Litentry (LIT) internal movement can be performed anytime later.
The right way to transfer your Litentry (LIT) to the Spot Wallet
Cryptos will be released by the seller as soon as payment reception validation has been done.
You may verify your wallet Binance balance to confirm reception.
Take into account that your Litentry (LIT) must be in your Spot Wallet in case you would want to get others, so you will need to move them there before.
To accomplish this, you only need to press "Transfer to Spot Wallet" once the purchase order has been completed.
If you forget to do this right after buying the cryptos, no problem at all: you’ll always be able to do it at any moment.
- Press "Wallet Funds" from the "Wallet" drop-down menu.
- Next click on the "Transfer" option on the upper right area of the screen.
- In the pop-up window, change the «From» and «To» options to the following settings:
- From: Funds
- To: Fiat and Spot
- For The purpose of this post, we use «USDT» as an example, but you’ll obviously indicate the currency you have
- Set the cryptos you are transferring for the Exchange and press "Confirm".
With these funds already in your Spot Wallet, nothing keeps you from buying any cryptocurrency you believe will yield the highest profit.
To purchase Litentry (LIT) from Binance what you just have to do is the following:
- Locate the "Trading" option in the top top section.
- From that listing select the "Convert" alternative.
- Indicate the amount of «USDT» you want to spend.
- Choose the crypto you would like to get.
- Press "Preview conversion".
- Confirm the transaction and that’s all. You now will have the funds of the chosen crypto in your Spot Wallet.
With these money already in your Spot Wallet, nothing keeps you from buying any cryptocurrency you think might yield the greatest profit.
To purchase Litentry (LIT) from the Binance platform all you have to do is described below:
- Select the "Trading" option in the top top panel.
- In the listing choose the "Convert" alternative.
- Fill in the box the amount of «USDT» you wish to spend.
- Now select the cryptocurrency you’re interested in.
- Select "Preview conversion".
- Validate the operation and that’s it. You will have the funds of the selected cryptocurrency in your Spot Wallet.
This text have surely pictured you a wide vision of what Binance is and how you can do business with Litentry (LIT) on it.
Don’t wait any more and start earning some extra money.