A Step-by-Step-Guide on how to buy Litecoin (LTC) in Central African Republic
Step 1 – Join Kraken You'll first need to purchase one of the major currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click below for registration and receive your first Bitcoin or Ethereum.
Step 2 – Send Your Ethereum or Bitcoin to an Crypto Trader Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader 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 Exchange? (Follow these easy steps) 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, etc. If you're using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our how-to).
Step 3 – Find (LTC) Litecoin Once your deposit has been verified, you'll now have access to your assets and you can start purchasing and trading. To purchase Litecoin (LTC) on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”. To find (LTC) Litecoin, you'll need to insert the short name of the asset (LTC) into the search box, which is marked in the graphic. Make sure you have choosen the proper pairing, we've highlighted this also. Click on “LTC/BTC” to continue.
Step 4 – Purchase (LTC) Litecoin After you have found (LTC) Litecoin, you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the image). For now we're making our own Limit Order. The field with the “Price” tag will be filled automatically with the most latest tariff Litecoin (LTC) was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the volumen of LTC you want to buy. The “Total” field is the total price in BTC that you'll pay for the complete amount of LTC. If you are happy, 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 crypto coins on an Crypto Trader for an longer period of time. To take off your (LTC) Litecoin, hover over the “Funds” tab and click on “Withdraw”. (LTC) Litecoin can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Litecoin (LTC) by using the provided drop-down box. Put into the amount of Litecoin (LTC) you would wish to withdraw. Take into account the shown minimus/fees. Also make sure you have filled your right withdraw address. When you are glad, click “Submit”. You could be requested for phone/email verification before a withdrawal.