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How to Buy LIT (LIT) through Binance Wallet

In this guide, we’ll show you how to buy LIT using the Binance Web3 Wallet.
The Binance Web3 Wallet lets you connect to decentralized exchanges (DEXs) and swap thousands of tokens securely. Since LIT isn’t available on the Binance Exchange (CEX), you’ll need to use the Web3 Wallet and a DEX to buy it.

1
Create a free Binance Exchange account

To get started, create an account on Binance

2
Set up your Binance Wallet

The Web3 Wallet is built into the Binance App. Here’s how to set it up:
  • Open the Binance App and go to Wallet > Web3 Wallet.
  • Tap Create Wallet. Follow our guide for more detailed instructions.
  • Write down your recovery phrase and keep it safe. (This is the only way to restore your wallet if you lose access.)
  • If you already have a wallet, you can import it instead.
Now your wallet is ready, but you’ll need to add funds before buying LIT (LIT).

3
Buy a stablecoin as your base currency

For better coin compatibility, you can consider buying a stablecoin first. Stablecoins like USDT, USDC, is a type of virtual asset designed to maintain a stable value which is compatible with most virtual asset swaps.

4
Swap your USDT for LIT

  • Open the Binance Web3 Wallet in the app.
  • Go to the Trade tab.
  • Under From, select your USDT.
  • Under To, select LIT.
  • Enter the amount you want to buy and tap Approve & Swap.
The swap will process, and your LIT will appear in your wallet.

5
Store or use your LIT in Binance Wallet

Now that you've bought your crypto, you can simply hold it in your Binance Wallet. You can also trade for other crypto or stake it on Simple Yield on Binance Wallet Earn for passive income.

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Why Choose Binance to Buy LIT?

Binance provides a secure, fast, and flexible way to get started with buying LIT. Choose from multiple payment options, trade instantly, and enjoy a seamless experience whether you're on the Binance App or Web.

Fast

Binance’s world-class matching engine ensures that your crypto trading experience is quick and reliable.

Simple

Trading crypto on Binance is easy and intuitive. You only need a few steps to buy LIT.

Secure & Trusted

Millions of global crypto users trust us. Our multi-tier & multi-cluster system architecture and SAFU (Secure Assets Fund for Users) insurance fund protect your account.

Liquid

Binance is the world’s most liquid virtual assets exchange, with the biggest volumes across multiple virtual assets pairs.

What Can You Do After You Buy LIT (LIT)?

Explore how to use your virtual assets with Binance.

Spot

Buy and sell virtual assets on the spot market.

Earn

Deposit your crypto holdings and earn; 180+ coins supported.

Pay

Use your crypto for purchases, send crypto anywhere globally.

People Also Ask: Other Questions About LIT (LIT)

1
How Can I Safely Buy LIT on Binance?

To buy LIT safely, you’ll need to use the Binance Web3 Wallet, since it isn’t available on the Binance Exchange (CEX). Create a free Binance account, set up your Web3 Wallet inside the Binance App, and fund it with a stablecoin (like USDT). Then, you can swap your stablecoin for LIT through a decentralized exchange (DEX) supported by the wallet.

2
Which Payment Methods Can I Use to Buy LIT (LIT)?

To buy LIT (LIT), you can fund your Binance Web3 Wallet with stablecoins using several methods:
  • Transfer from your Binance Exchange account
  • Receive from another wallet address, or
  • Purchase stablecoins directly with a payment card inside Binance.

3
Can I Buy LIT Instantly with a Debit or Credit Card on Binance?

LIT is not listed on the centralized exchange. However, you can buy a stablecoin (such as USDT) with a debit or credit card, then use your Binance Web3 Wallet to swap that stablecoin for LIT

4
Can I Buy LIT on Binance?

Yes, LIT can be bought only through the Binance Web3 Wallet and a decentralized exchange (DEX). You cannot purchase LIT directly on the Binance CEX.

5
Why Do I Need to Complete KYC to Buy on Binance?

Binance requires identity verification, or Know Your Customer (KYC), to enhance account security and comply with global regulations. Completing verification ensures a safer trading environment for all users. Please visit How to Complete Identity Verification for more info.

6
Which Virtual assets Can I Buy on Binance?

Through the Binance Web3 Wallet, you can swap for thousands of tokens available on supported DEXs. On the Binance Exchange (CEX), over 500+ virtual assets are listed and available for purchase. Buying LIT is only supported via the Binance Web3 Wallet.

7
Can I Buy Less Than One LIT?

Yes, LIT, like most virtual assets, is divisible. You can buy even a fraction of it when swapping with your stablecoin.

8
How Can I Store My LIT?

You can store your LIT securely in your Binance Web3 Wallet. You can also trade it for other tokens or use features like Simple Yield to earn passive income. Always back up your recovery phrase and enable two-factor authentication for maximum security.

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Virtual asset prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by Binance about the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment.
This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. Binance is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning.
Please also note that data relating to the above-mentioned virtual asset presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under Binance’s control. Binance is not responsible for the reliability and accuracy of such third-party sites and their contents.