A Step-by-Step-Guide on how to buy Litecoin (LTC) in French Guiana
Step 1 – Signup to Kraken In the beginning you'll need to purchase units of the major coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below for registration and getting your welcome Ethereum or Bitcoin.
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Litecoin (LTC) is accessible on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Follow this guide) Make sure you have chosen the correct coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you are using a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Find Litecoin (LTC) As soon as your deposit has been affirmed, you will directly have access to your funds 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”. To find (LTC) Litecoin, you'll need to insert the shortname of the coin (LTC) into the search box, which is marked in the image. Be certain of having selected the correct pairing, we've highlighted this also. Click on “LTC/BTC” to advance.
Step 4 – Purchasing Litecoin (LTC) As soon as you have located Litecoin (LTC), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we are making our Limit Order. The “Price” field will be automatically filled with the most latest price (LTC) Litecoin was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the amount of LTC you want to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the complete volumen of LTC. When you are happy, click on “Buy LTC”. Your plan will be filled as soon as a Seller trades their LTC for the price you offered.
Step 5 – Withdraw Litecoin (LTC) Unless you are frequently trading, never keep your coins on an Crypto Trader for an extended time frame. To withdraw your Litecoin (LTC), hover over the tab called “Funds” and click on “Withdraw”. (LTC) Litecoin can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Litecoin (LTC) by using the provided drop-down box. Enter the amount of Litecoin (LTC) you would like to take off. Take into account the shown fees/minimums. Also make sure you have filled your precise withdraw address. If you're glad, make a mouse click on “Submit”. You could be asked for verfication via email/phone before a take off.