A Step-by-Step-Guide on how to buy Litecoin (LTC) in Turkey
Step 1 – Signup to Coinbase – Get Free $10 In the beginning you'll need to purchase one of the major currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click the button below to register and receive your first $10.
Step 2 – Send Your Bitcoin or Ethereum to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange 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 Cryptocurrency Exchange? (Just follow this how-to) Make sure you've chosen the right coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our how-to).
Step 3 – Locate (LTC) Litecoin Once your deposit has been confirmed, you'll directly have access to your finances and you can start buying and trading. To buy (LTC) Litecoin on Binance, you will want to hover over the tab which is called “Exchange” and mouse click on “Basic”. In order to spot Litecoin (LTC), you will need to insert the shortname of the coin (LTC) into the search box, which is marked in the picture. Make sure you have selected the correct pairing, we have highlighted this also. Click on “LTC/BTC” to advance.
Step 4 – Acquisition of Litecoin (LTC) Once you have discovered Litecoin (LTC), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). For now we're creating our Limit Order. The “Price” field will be filled automatically with the recent tariff (LTC) Litecoin was traded for. This can be changed to your preferred price. The “Amount” field is the quantity of LTC you like to purchase. The “Total” field is the total price in BTC that you'll settle for the complete volumen of LTC. When you're satisfied, make a mouse click on “Buy LTC”. Your order will be filled when a Seller sells their LTC for the price you introduced.
Step 5 – Withdraw Litecoin (LTC) Unless you're frequently trading, never keep your crypto coins on an Crypto Exchange for an longer time frame. To take off your Litecoin (LTC), go to the “Funds” tab and click on “Withdraw”. Litecoin (LTC) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Litecoin (LTC) by using the given drop-down box. Put into the volumen of (LTC) Litecoin you'd like to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address. When you're glad, make a mouse click on “Submit”. You could be requested for email/phone verification ahead of a withdrawal.