A Step-by-Step-Guide on how to buy Litecoin (LTC) in Cook Islands
Step 1 – Signup to Coinbase – Get Free $10 You will first need to buy one of the major coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below for registration and receive your first $10.
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Litecoin (LTC) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Follow this manual) Make sure you've selected the right coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etcetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Locate (LTC) Litecoin Once your deposit has been affirmed, you will immediately have access to your assets and you can start purchasing and trading. To invest in (LTC) Litecoin on Binance, you'll want to hover over the “Exchange” tab and after that click on “Basic”. In order to find (LTC) Litecoin, you will need to put 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 too. Click on “LTC/BTC” to go on.
Step 4 – Purchase (LTC) Litecoin Once you've spotted Litecoin (LTC), you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the image). And now we are going to make our own Limit Order. The “Price” field will be filled with the latest price Litecoin (LTC) was sold for. This can be changed to your preferred rate. The “Amount” field is the quantity of LTC you want to buy. The field with the “Total” tag is the total price in Bitcoin that you will settle for the whole quantity of LTC. When you are glad, click on “Buy LTC”. Your plan will be filled as soon as a Seller sells their LTC for the price you gave.
Step 5 – Withdraw Litecoin (LTC) Unless you're 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 instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (LTC) Litecoin by using the provided drop-down box. Drop in the quantity of Litecoin (LTC) you would wish to take off. Take into account the presented minimus/fees. Also make sure you have filled your right withdraw address. When you're satisfied, click on “Submit”. You could be requested for email/phone verification before a take off.