A Step-by-Step-Guide on how to buy Litecoin (LTC) in Belize
Step 1 – Join Kraken In the beginning you'll need to purchase units of the top-tier coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below for registration and getting your first Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your Funds to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Litecoin (LTC) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this guide) Make sure you've chosen the right coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. If you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Locate (LTC) Litecoin Once your deposit has been approved, you will immediately have access to your assets and you can begin buying and trading. To invest in (LTC) Litecoin on Binance, you will want to go to the “Exchange” tab and mouse click on “Basic”. In order to spot (LTC) Litecoin, you will need to put 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 progress.
Step 4 – Acquisition of (LTC) Litecoin Once you have found Litecoin (LTC), you'll be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). Next we are creating our own Limit Order. The field with the “Price” tag will be filled automatically with the latest tariff (LTC) Litecoin was traded for. You can change this to your preferred rate. The “Amount” field is the volumen of LTC you wish to buy. The field with the “Total” tag is the total price in BTC that you will settle for the whole amount of LTC. When you're satisfied, click on “Buy LTC”. Your plan will be filled as soon as a Vendor sells their LTC for the price you offered.
Step 5 – Withdraw (LTC) Litecoin Unless you're trading, never keep your coins on an Crypto Exchange for an extended time period. In order to take off your (LTC) Litecoin, go to the tab called “Funds” and mouse click on “Withdraw”. Litecoin (LTC) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (LTC) Litecoin by using the given drop-down box. Drop in the volumen of Litecoin (LTC) you'd wish to withdraw. Take into account the shown minimus/fees. Also make sure you have entered your correct withdraw address. When you are happy, make a mouse click on “Submit”. You could be asked for email/phone verification ahead of a withdrawal.