A Step-by-Step-Guide on how to buy Litecoin (LTC) in Cambodia
Step 1 – Signup to Kraken In the beginning you'll need to purchase one of the top-tier currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for Altcoins. Follow the Link below to register and to get your first Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your Ethereum or Bitcoin to an Crypto Trader Your Bitcoin or Ethereum has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Litecoin (LTC) is available on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you've selected the exact coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etcetera. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Find (LTC) Litecoin As soon as your deposit has been confirmed, you'll now have access to your finances and you can begin purchasing and trading. To invest in (LTC) Litecoin on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”. To find Litecoin (LTC), you will need to insert the short name of the asset (LTC) into the search box, which is marked in the picture. Be certain of having choosen the correct pairing, we've marked this too. Click on “LTC/BTC” to progress.
Step 4 – Buying (LTC) Litecoin As soon as you've discovered Litecoin (LTC), you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). And now we are making our Limit Order. The field with the “Price” tag will be automatically filled with the latest rate (LTC) Litecoin was traded for. This can be changed to your favoured rate. The “Amount” field is the volumen of LTC you wish to buy. The “Total” field is the total price in BTC that you will pay for the complete amount of LTC. When you're happy, make a mouse click on “Buy LTC”. Your plan will be filled when a Vender trades their LTC for the price you gave.
Step 5 – Withdraw Litecoin (LTC) Unless you're regularly trading, best advise is not to keep your crypto coins on an Exchange for an extensive time frame. In order to withdraw your (LTC) Litecoin, hover over the “Funds” tab and mouse click on “Withdraw”. Litecoin (LTC) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (LTC) Litecoin by using the given drop-down box. Put into the volumen of (LTC) Litecoin you'd wish to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your correct withdraw address. When you are glad, make a mouse click on “Submit”. You may be asked for email/phone verification before a take off.