A Step-by-Step-Guide on how to buy Litecoin (LTC) in Guam
Step 1 – Join Kraken You will first need to purchase units of the major currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below for registration and getting your first BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Litecoin (LTC) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this manual) Make sure you have selected the right coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so forth. In the case you are using a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Find Litecoin (LTC) As soon as your deposit has been confirmed, you'll instantly have access to your assets and you can initiate invest and trading. To purchase Litecoin (LTC) on Binance, you will want to go to the “Exchange” tab and after that click on “Basic”. In order to spot (LTC) Litecoin, you'll need to put the cointype (LTC) into the search-box, which is highlighted in the graphic. Be certain of having choosen the proper grouping, we have highlighted this also. Click on “LTC/BTC” to proceed.
Step 4 – Buy Litecoin (LTC) As soon as you have spotted (LTC) Litecoin, you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). For now we're making our Limit Order. The “Price” field will be filled automatically with the most up-to-date rate Litecoin (LTC) was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the volumen of LTC you want to purchase. The “Total” field is the whole price in BTC that you will pay for the whole volumen of LTC. When you are satisfied, make a mouse click on “Buy LTC”. Your plan will be filled when a Vendor trades their LTC for the price you introduced.
Step 5 – Withdraw (LTC) Litecoin Unless you're regularly trading, best advise is not to keep your coins on an Crypto Exchange for an extensive time period. In order to take off your Litecoin (LTC), go to the “Funds” tab and mouse click on “Withdraw”. Litecoin (LTC) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (LTC) Litecoin by using the provided drop-down box. Drop in the volumen of (LTC) Litecoin you'd like to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your precise withdraw address. When you are glad, click on “Submit”. You could be asked for verfication via phone/email before a withdrawal.