A Step-by-Step-Guide on how to buy Litecoin (LTC) in Brazil
Step 1 – Join Kraken You'll first need to buy units of the bigger coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for Altcoins. Click the button below to register and receive your first Bitcoin or Ethereum.
Step 2 – Send Your Funds to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto 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 example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this guide) Make sure you have selected the correct coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are using a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).
Step 3 – Locate (LTC) Litecoin As soon as your deposit has been affirmed, you will immediately have access to your finances and you can launch buying and trading. To purchase (LTC) Litecoin on Binance, you will want to go to the “Exchange” tab and after that mouse click on “Basic”. To locate Litecoin (LTC), you'll need to put the cointype (LTC) into the search box, which is highlighted in the image. Be certain of having selected the proper pairing, we've marked this too. Click on “LTC/BTC” to continue.
Step 4 – Acquisition of Litecoin (LTC) After you've located Litecoin (LTC), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). And now we're going to create our Limit Order. The field with the “Price” tag will be filled with the recent rate Litecoin (LTC) was sold for. You can change this to your preferred rate. The “Amount” field is the volumen of LTC you wish to buy. The “Total” field is the whole price in Bitcoin that you will settle for the whole quantity of LTC. If you're glad, click on “Buy LTC”. Your order will be filled when a Vendor trades their LTC for the price you gave.
Step 5 – Withdraw (LTC) Litecoin Unless you're frequently trading, never keep your crypto coins on an Exchange for an extensive time period. In order to withdraw your (LTC) Litecoin, go to the tab called “Funds” and mouse click on “Withdraw”. (LTC) Litecoin can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Litecoin (LTC) by using the provided drop-down box. Drop in the volumen of Litecoin (LTC) you would like to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your correct withdraw address. If you are happy, click on “Submit”. You could be asked for verfication via email/phone before a withdrawal.