A Step-by-Step-Guide on how to buy Litecoin (LTC) in Fiji
Step 1 – Signup to Coinbase and get 10$ for free You'll first need to purchase units of the bigger coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for Altcoins. Click below for registration and to get your welcome $10.
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Litecoin (LTC) is accessible on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to) Make sure you've selected the exact coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Find Litecoin (LTC) Once your deposit has been approved, you will immediately have access to your assets and you can commence purchasing and trading. To purchase Litecoin (LTC) on Binance, you'll want to hover over the “Exchange” tab and after that click on “Basic”. To find Litecoin (LTC), you will need to put the cointype (LTC) into the search box, which is highlighted in the image. Be certain of having choosen the right pairing, we've highlighted this also. Click on “LTC/BTC” to continue.
Step 4 – Purchasing Litecoin (LTC) As soon as you have discovered (LTC) Litecoin, you will be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we are going to create our Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date price (LTC) Litecoin was sold for. You can change this to your preferred rate. The “Amount” field is the amount of LTC you wish to buy. The “Total” field is the total price in BTC that you'll pay for the complete quantity of LTC. When you're satisfied, make a mouse click on “Buy LTC”. Your order will be filled when a Vender sells their LTC for the price you gave.
Step 5 – Withdraw (LTC) Litecoin Unless you are regularly trading, best advise is not to keep coins on an Crypto Exchange for an extended time period. In order to withdraw your (LTC) Litecoin, hover over the “Funds” tab 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 amount of Litecoin (LTC) you would like to take off. Take into account the presented fees/minimums. Also make sure you have filled your correct withdraw address. If you are happy, click on “Submit”. You may be asked for verfication via phone/email ahead of a take off.