A Step-by-Step-Guide on how to buy Litecoin (LTC) in Anguilla
Step 1 – Join Kraken In the beginning you'll need to buy one of the major coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click below for registration and receive your welcome Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your Funds to an Crypto Trader 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 accessible on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow this how-to) Make sure you have selected the precise coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, et cetera. If you're using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).
Step 3 – Locate Litecoin (LTC) Once your deposit has been confirmed, you'll directly have access to your finances and you can begin buying and trading. To invest in Litecoin (LTC) on Binance, you'll want to hover over the “Exchange” tab and after that click on “Basic”. In order to discover (LTC) Litecoin, you'll need to insert the shortname of the coin (LTC) into the search-box, which is marked in the graphic. Be certain of having selected the right grouping, we have marked this also. Click on “LTC/BTC” to go ahead.
Step 4 – Buying (LTC) Litecoin As soon as you've located (LTC) Litecoin, you'll 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 going to create our Limit Order. The “Price” field will be filled with the latest price Litecoin (LTC) was sold for. This can be changed to your preferred price. The “Amount” field is the volumen of LTC you want to buy. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the whole volumen of LTC. When you're satisfied, make a mouse click on “Buy LTC”. Your plan will be filled as soon as a Seller sells their LTC for the price you submitted.
Step 5 – Withdraw Litecoin (LTC) Unless you are trading, never keep your crypto coins on an Exchange for an extensive period of time. In order to withdraw your (LTC) Litecoin, go to the tab called “Funds” and click on “Withdraw”. (LTC) Litecoin can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (LTC) Litecoin by using the given drop-down box. Drop in the volumen of Litecoin (LTC) you'd like to take off. Take into account the shown minimus/fees. Also make sure you have entered your right withdraw address. If you are satisfied, click on “Submit”. You could be requested for verfication via phone/email before a take off.