A Step-by-Step-Guide on how to buy Litecoin (LTC) in Brunei
Step 1 – Signup to Kraken You will first need to buy one of the top-tier currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click the button below to register and to get your welcome Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Litecoin (LTC) is obtainable on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this guide) Make sure you have selected the right coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Find Litecoin (LTC) As soon as your deposit has been verified, you will now have access to your finances and you can initiate purchasing and trading. To buy Litecoin (LTC) on Binance, you will want to hover over the “Exchange” tab and click on “Basic”. To locate (LTC) Litecoin, you will need to put the cointype (LTC) into the search-box, which is marked in the graphic. Be certain of having choosen the correct pairing, we've marked this too. Click on “LTC/BTC” to continue.
Step 4 – Buy (LTC) Litecoin Once you've located (LTC) Litecoin, you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). And now we're going to create our own Limit Order. The “Price” field will be filled automatically with the most recent tariff (LTC) Litecoin was traded for. This can be changed to your desired price. The field with the “Amount” tag is the quantity of LTC you like to buy. The field with the “Total” tag is the whole price in BTC that you will pay for the whole amount of LTC. If you are happy, make a mouse click on “Buy LTC”. Your plan will be filled when a Vendor sells their LTC for the price you submitted.
Step 5 – Withdraw (LTC) Litecoin Unless you are regularly trading, best advise is not to keep coins on an Crypto Exchange for an extensive period of time. To withdraw your (LTC) Litecoin, go to the “Funds” tab and click on “Withdraw”. (LTC) Litecoin can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (LTC) Litecoin by using the provided drop-down box. Put into the amount of Litecoin (LTC) you'd wish to take off. Take into account the displayed fees/minimums. Also make sure you have entered your precise withdraw address. If you are satisfied, click on “Submit”. You may be asked for verfication via phone/email before a take off.