A Step-by-Step-Guide on how to buy Litecoin (LTC) in Cameroon
Step 1 – Join Kraken In the beginning you'll 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 below to register and receive your welcome ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Litecoin (LTC) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Follow this guide) Make sure you've chosen the right coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so on. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow these easy steps).
Step 3 – Find Litecoin (LTC) As soon as your deposit has been confirmed, you'll instantly have access to your funds and you can begin invest and trading. To purchase (LTC) Litecoin on Binance, you will want to hover over the “Exchange” tab and then click on “Basic”. In order to find Litecoin (LTC), you will need to put the cointype (LTC) into the search-box, which is marked in the image. Be certain of having selected the correct pairing, we have highlighted this also. Click on “LTC/BTC” to continue.
Step 4 – Purchasing (LTC) Litecoin As soon as you've discovered (LTC) Litecoin, you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). And now we're going to make our own Limit Order. The field with the “Price” tag will be filled automatically with the latest valuation (LTC) Litecoin was sold for. This can be changed to your favoured price. The “Amount” field is the quantity of LTC you like to buy. The “Total” field is the whole price in BTC that you will pay for the complete amount of LTC. When you are satisfied, click on “Buy LTC”. Your order will be filled as soon as a Vender sells their LTC for the price you gave.
Step 5 – Withdraw Litecoin (LTC) Unless you are frequently trading, you should never keepyour coins on an Exchange for an longer period of time. In order 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, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Litecoin (LTC) by using the given drop-down box. Drop in the volumen of (LTC) Litecoin you'd wish to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address. When you are happy, click on “Submit”. You may be requested for email/phone verification ahead of a take off.