A Step-by-Step-Guide on how to buy Litecoin (LTC) in Czechia
Step 1 – Signup to Kraken You will first need to purchase units of the top-tier coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below to register and receive your welcome ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto 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 sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow these easy steps) Make sure you've chosen the correct coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our manual).
Step 3 – Find Litecoin (LTC) As soon as your deposit has been approved, you'll directly have access to your finances and you can launch buying and trading. To purchase Litecoin (LTC) on Binance, you'll want to go to the tab which is called “Exchange” and then 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 picture. Make sure you have selected the right grouping, we've highlighted this too. Click on “LTC/BTC” to proceed.
Step 4 – Buying Litecoin (LTC) As soon as you have discovered Litecoin (LTC), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). And now we're making our own Limit Order. The field with the “Price” tag will be filled with the recent price Litecoin (LTC) was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of LTC you wish to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the complete amount of LTC. If you're satisfied, click on “Buy LTC”. Your order will be filled as soon as a Vender trades their LTC for the price you gave.
Step 5 – Withdraw (LTC) Litecoin Unless you are frequently trading, never keep your coins on an Cryptocurrency Exchange for an longer time period. In order to withdraw your (LTC) Litecoin, hover over the tab called “Funds” and mouse click on “Withdraw”. Litecoin (LTC) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (LTC) Litecoin by using the given drop-down box. Drop in the quantity of Litecoin (LTC) you'd like to withdraw. Take into account the presented fees/minimums. Also make sure you have entered your precise withdraw address. When you are glad, make a mouse click on “Submit”. You could be requested for verfication via phone/email before a take off.