A Step-by-Step-Guide on how to buy Litecoin (LTC) in Belgium
Step 1 – Signup to Kraken You will first need to buy one of the major currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click the button below to register and getting your welcome Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your Bitcoin or Ethereum to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Litecoin (LTC) is available on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this manual) Make sure you've selected the exact coin you want to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so forth. If you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Find Litecoin (LTC) Once your deposit has been verified, you'll directly have access to your funds and you can launch buying and trading. To invest in Litecoin (LTC) on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. In order to locate (LTC) Litecoin, you will need to insert the cointype (LTC) into the search-box, which is highlighted in the image. Be certain of having choosen the right pairing, we have marked this too. Click on “LTC/BTC” to go ahead.
Step 4 – Purchasing Litecoin (LTC) Once you have spotted Litecoin (LTC), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). And now we're making our own Limit Order. The “Price” field will be filled with the most up-to-date valuation (LTC) Litecoin was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of LTC you like to purchase. The “Total” field is the whole price in BTC that you will settle for the complete volumen of LTC. When you're glad, click on “Buy LTC”. Your order will be filled when a Vendor trades their LTC for the price you offered.
Step 5 – Withdraw Litecoin (LTC) Unless you're trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an extensive time frame. In order to take off your (LTC) Litecoin, hover over the “Funds” tab and mouse click on “Withdraw”. Litecoin (LTC) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Litecoin (LTC) by using the provided drop-down box. Put into the quantity of Litecoin (LTC) you would wish to withdraw. Take into account the shown minimus/fees. Also make sure you have filled your right withdraw address. If you are glad, make a mouse click on “Submit”. You could be requested for verfication via email/phone ahead of a withdrawal.