A Step-by-Step-Guide on how to buy Litecoin (LTC) in France
Step 1 – Signup to Kraken You'll first need to buy units of the top-tier coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click the button below to register and to get your welcome Bitcoin or Ethereum.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Litecoin (LTC) is accessible on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow this guide) Make sure you've selected the right coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our guide).
Step 3 – Locate Litecoin (LTC) Once your deposit has been verified, you'll instantly have access to your funds and you can launch purchasing and trading. To buy (LTC) Litecoin on Binance, you'll want to hover over the tab which is called “Exchange” and click on “Basic”. To locate Litecoin (LTC), you will need to put the short name of the asset (LTC) into the search-box, which is highlighted in the image. Be certain of having choosen the correct grouping, we have marked this too. Click on “LTC/BTC” to continue.
Step 4 – Acquisition of (LTC) Litecoin As soon as you have located Litecoin (LTC), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). Next we're going to make our own Limit Order. The field with the “Price” tag will be filled automatically with the latest rate (LTC) Litecoin was sold for. This can be changed to your favoured price. The “Amount” field is the quantity of LTC you wish to buy. The “Total” field is the aggregated price in BTC that you will pay for the complete amount of LTC. When you're happy, make a mouse click on “Buy LTC”. Your order will be filled when a Vender trades their LTC for the price you gave.
Step 5 – Withdraw (LTC) Litecoin Unless you are regularly trading, best advise is not to keep your crypto on an Exchange for an extended time period. To withdraw your (LTC) Litecoin, go to the tab called “Funds” and mouse click on “Withdraw”. (LTC) Litecoin can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Litecoin (LTC) by using the provided drop-down box. Drop in the volumen of (LTC) Litecoin you would like to withdraw. Don't forget the presented minimus/fees. Also make sure you have filled your correct withdraw address. When you're happy, make a mouse click on “Submit”. You could be asked for verfication via phone/email before a take off.