A Step-by-Step-Guide on how to buy Litecoin (LTC) in Guinea
Step 1 – Join Kraken You will first need to buy one of the top-tier currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below to register and getting your welcome Ethereum or Bitcoin.
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Litecoin (LTC) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Follow this guide) Make sure you've selected the exact coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so forth. If you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our manual).
Step 3 – Find (LTC) Litecoin Once your deposit has been confirmed, you will instantly have access to your funds and you can begin invest and trading. To buy Litecoin (LTC) on Binance, you will want to go to the “Exchange” tab and then click on “Basic”. In order to discover Litecoin (LTC), you will need to put the cointype (LTC) into the search-box, which is highlighted in the picture. Be certain of having choosen the right grouping, we have marked this too. Click on “LTC/BTC” to go ahead.
Step 4 – Buy Litecoin (LTC) After you've found (LTC) Litecoin, you'll be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). And now we're creating our Limit Order. The “Price” field will be filled with the most latest tariff Litecoin (LTC) was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the amount of LTC you wish to buy. The “Total” field is the total price in BTC that you'll settle for the whole amount of LTC. When you are glad, make a mouse click on “Buy LTC”. Your order will be filled when a Vender sells their LTC for the price you introduced.
Step 5 – Withdraw Litecoin (LTC) Unless you are frequently trading, you should never keepyour crypto coins on an Exchange for an extensive period of time. To withdraw your (LTC) Litecoin, hover over the “Funds” tab and mouse click on “Withdraw”. Litecoin (LTC) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (LTC) Litecoin by using the given drop-down box. Drop in the quantity of (LTC) Litecoin you would wish to take off. Take into account the presented minimus/fees. Also make sure you have entered your correct withdraw address. If you're happy, make a mouse click on “Submit”. You may be asked for verfication via phone/email ahead of a withdrawal.