A Step-by-Step-Guide on how to buy Litecoin (LTC) in Turkmenistan
Step 1 – Signup to Coinbase and recieve 10$ for free In the beginning you'll need to buy one of the major currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click below for registration and receive your welcome 10$.
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Litecoin (LTC) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to) Make sure you have chosen the right coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, et cetera. If you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our how-to).
Step 3 – Locate Litecoin (LTC) As soon as your deposit has been approved, you'll directly have access to your assets and you can begin purchasing and trading. To buy (LTC) Litecoin on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”. In order to spot (LTC) Litecoin, you'll need to insert the cointype (LTC) into the search box, which is highlighted in the image. Be certain of having selected the correct grouping, we've marked this also. Click on “LTC/BTC” to proceed.
Step 4 – Buying (LTC) Litecoin After you have discovered (LTC) Litecoin, you will be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). And now we are going to make our own Limit Order. The “Price” field will be filled automatically with the most latest price Litecoin (LTC) was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the quantity of LTC you want to buy. The field with the “Total” tag is the aggregated price in BTC that you will settle for the complete amount of LTC. If you are happy, make a mouse click on “Buy LTC”. Your plan will be filled when a Seller trades their LTC for the price you gave.
Step 5 – Withdraw Litecoin (LTC) Unless you are regularly trading, best advise is not to keep your crypto on an Crypto Trader for an extensive time frame. In order to take off your Litecoin (LTC), hover over the “Funds” tab and click on “Withdraw”. Litecoin (LTC) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Litecoin (LTC) by using the given drop-down box. Enter the amount of (LTC) Litecoin you'd wish to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your right withdraw address. When you're glad, make a mouse click on “Submit”. You could be requested for phone/email verification ahead of a withdrawal.