A Step-by-Step-Guide on how to buy Litecoin (LTC) in Bhutan
Step 1 – Signup to Coinbase and get 10$ for free You'll first need to purchase units of the major currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below for registration and to get your welcome 10 Dollar.
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Litecoin (LTC) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this how-to) Make sure you have chosen the exact coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).
Step 3 – Find (LTC) Litecoin As soon as your deposit has been approved, you'll instantly have access to your funds and you can begin purchasing and trading. To buy Litecoin (LTC) on Binance, you'll want to hover over the “Exchange” tab and then click on “Basic”. In order to spot Litecoin (LTC), you'll need to insert the short name of the asset (LTC) into the search-box, which is marked in the graphic. Be certain of having choosen the correct pairing, we've marked this also. Click on “LTC/BTC” to progress.
Step 4 – Purchasing Litecoin (LTC) Once you have discovered Litecoin (LTC), you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). Next we're making our Limit Order. The field with the “Price” tag will be automatically filled with the up-to-date tariff Litecoin (LTC) was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the volumen of LTC you wish to purchase. The “Total” field is the total price in Bitcoin that you'll settle for the complete amount of LTC. When you are satisfied, click on “Buy LTC”. Your order will be filled as soon as a Seller trades their LTC for the price you submitted.
Step 5 – Withdraw Litecoin (LTC) Unless you are regularly trading, never keep your crypto coins on an Cryptocurrency Exchange for an extensive time frame. To withdraw your Litecoin (LTC), go to the tab called “Funds” and mouse click on “Withdraw”. (LTC) Litecoin can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Litecoin (LTC) by using the given drop-down box. Drop in the amount of (LTC) Litecoin you would like to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your correct withdraw address. When you are glad, click “Submit”. You could be requested for verfication via phone/email ahead of a take off.