A Step-by-Step-Guide on how to buy Litecoin (LTC) in American Samoa
Step 1 – Signup to Kraken In the beginning you'll need to buy one of the bigger currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below for registration and receive your welcome ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Litecoin (LTC) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow these easy steps) Make sure you've chosen the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etcetera. If you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow these easy steps).
Step 3 – Find (LTC) Litecoin Once your deposit has been approved, you will immediately have access to your funds and you can commence buying and trading. To invest in Litecoin (LTC) on Binance, you will want to hover over the tab which is called “Exchange” and click on “Basic”. In order to locate Litecoin (LTC), you will need to put the cointype (LTC) into the search-box, which is marked in the image. Make sure you have selected the proper pairing, we have highlighted this also. Click on “LTC/BTC” to proceed.
Step 4 – Acquisition of Litecoin (LTC) After you've spotted (LTC) Litecoin, you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the picture). Next we're going to create our own Limit Order. The field with the “Price” tag will be automatically filled with the most latest price Litecoin (LTC) was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the amount of LTC you like to purchase. The field with the “Total” tag is the total price in Bitcoin that you will settle for the complete amount of LTC. If you're happy, click on “Buy LTC”. Your order will be filled as soon as a Vendor sells their LTC for the price you introduced.
Step 5 – Withdraw Litecoin (LTC) Unless you're frequently trading, you should never keepyour crypto coins on an Exchange for an extensive time period. To take off your (LTC) Litecoin, hover over the tab called “Funds” and mouse click on “Withdraw”. Litecoin (LTC) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (LTC) Litecoin by using the given drop-down box. Put into the quantity of (LTC) Litecoin you'd wish to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address. If you are satisfied, make a mouse click on “Submit”. You could be requested for phone/email verification ahead of a withdrawal.