A Step-by-Step-Guide on how to buy Litecoin (LTC) in Comoros
Step 1 – Signup to Coinbase and recieve 10$ for free You will first need to buy one of the bigger coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for alternative Coins. Click below for registration and receive your welcome $10.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Litecoin (LTC) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Exchange? (Just follow this how-to) Make sure you have selected the precise coin you want to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Locate Litecoin (LTC) As soon as your deposit has been confirmed, you will directly have access to your funds and you can commence buying and trading. To purchase (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 highlighted in the picture. Be certain of having choosen the proper grouping, we have marked this too. Click on “LTC/BTC” to proceed.
Step 4 – Buy (LTC) Litecoin Once you've found (LTC) Litecoin, you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the image). Next we are going to make our Limit Order. The field with the “Price” tag will be filled automatically with the up-to-date valuation (LTC) Litecoin was traded for. This can be changed to your preferred rate. The field with the “Amount” tag is the quantity of LTC you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the whole amount of LTC. When you're happy, click on “Buy LTC”. Your plan will be filled as soon as a Vender sells their LTC for the price you submitted.
Step 5 – Withdraw Litecoin (LTC) Unless you are frequently trading, you should never keepyour crypto on an Crypto Trader for an extended time frame. In order to take off your (LTC) Litecoin, hover over the tab called “Funds” and mouse click on “Withdraw”. Litecoin (LTC) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (LTC) Litecoin by using the provided drop-down box. Enter the volumen of (LTC) Litecoin you would like to take off. Take into account the shown minimus/fees. Also make sure you have entered your right withdraw address. If you're glad, make a mouse click on “Submit”. You may be requested for phone/email verification before a withdrawal.