A Step-by-Step-Guide on how to buy Litecoin (LTC) in Seychelles
Step 1 – Signup to Coinbase – Get Free $10 You will first need to buy one of the bigger coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below to register and to get your welcome 10$.
Step 2 – Transmit Your Funds 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. Litecoin (LTC) is available on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this manual) Make sure you've chosen the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. In the case you are using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our how-to).
Step 3 – Locate (LTC) Litecoin As soon as your deposit has been confirmed, you'll immediately have access to your funds and you can commence buying and trading. To invest in (LTC) Litecoin on Binance, you'll want to go to the “Exchange” tab and mouse click on “Basic”. To discover Litecoin (LTC), you'll need to insert the shortname of the coin (LTC) into the search box, which is highlighted in the graphic. Be certain of having choosen the proper grouping, we've highlighted this too. Click on “LTC/BTC” to continue.
Step 4 – Acquisition of Litecoin (LTC) After you've discovered Litecoin (LTC), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). Next we're creating our Limit Order. The “Price” field will be filled automatically with the latest rate (LTC) Litecoin was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the volumen of LTC you want to buy. The “Total” field is the whole price in Bitcoin that you'll pay for the whole volumen of LTC. When you are satisfied, click on “Buy LTC”. Your order will be filled when a Vendor sells their LTC for the price you submitted.
Step 5 – Withdraw (LTC) Litecoin Unless you are frequently trading, never keep your coins on an Exchange for an extended time period. In order to withdraw your Litecoin (LTC), hover over the tab called “Funds” and click on “Withdraw”. (LTC) Litecoin can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Litecoin (LTC) by using the given drop-down box. Put into the amount of Litecoin (LTC) you would like to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your precise withdraw address. If you are satisfied, click on “Submit”. You could be asked for email/phone verification before a take off.