A Step-by-Step-Guide on how to buy Litecoin (LTC) in Guatemala
Step 1 – Signup to Coinbase – Get Free $10 You'll first need to purchase units of the top-tier currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click below to register and to get your first $10.
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Litecoin (LTC) is available on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this how-to) Make sure you've chosen the exact coin you want to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etc. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Find Litecoin (LTC) Once your deposit has been verified, you'll instantly have access to your funds and you can commence invest and trading. To buy Litecoin (LTC) on Binance, you will want to hover over the “Exchange” tab and then click on “Basic”. To find (LTC) Litecoin, you'll need to put the short name of the asset (LTC) into the search-box, which is marked in the image. Make sure you have choosen the proper pairing, we've highlighted this too. Click on “LTC/BTC” to advance.
Step 4 – Acquisition of (LTC) Litecoin Once you've spotted (LTC) Litecoin, you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). For now we are making our own Limit Order. The “Price” field will be automatically filled with the most recent price (LTC) Litecoin was sold for. You can change this to your favoured rate. The “Amount” field is the volumen of LTC you wish to buy. The “Total” field is the aggregated price in Bitcoin that you'll pay for the whole amount of LTC. If you are satisfied, make a mouse click on “Buy LTC”. Your order will be filled as soon as a Vendor sells their LTC for the price you offered.
Step 5 – Withdraw Litecoin (LTC) Unless you're frequently trading, never keep your coins on an Crypto Trader for an extended time period. To withdraw your (LTC) Litecoin, go to the tab called “Funds” and click on “Withdraw”. (LTC) Litecoin can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Litecoin (LTC) by using the given drop-down box. Drop in the quantity of Litecoin (LTC) you would like to withdraw. Take into account the presented minimus/fees. Also make sure you have entered your right withdraw address. When you're satisfied, make a mouse click on “Submit”. You could be asked for verfication via email/phone before a take off.