A Step-by-Step-Guide on how to buy Litecoin (LTC) in Italy
Step 1 – Signup to Kraken In the beginning you'll need to buy units of the top-tier coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for Altcoins. Click the button below to register and receive your first Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Litecoin (LTC) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this guide) Make sure you've chosen the right coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so forth. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our manual).
Step 3 – Find Litecoin (LTC) Once your deposit has been verified, you will immediately have access to your finances and you can begin invest and trading. To buy Litecoin (LTC) on Binance, you will want to go to the “Exchange” tab and mouse click on “Basic”. To discover (LTC) Litecoin, you'll need to insert the shortname of the coin (LTC) into the search-box, which is marked in the image. Make sure you have choosen the correct grouping, we have marked this too. Click on “LTC/BTC” to go on.
Step 4 – Purchasing Litecoin (LTC) After you have found Litecoin (LTC), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). For now we're going to create our Limit Order. The “Price” field will be automatically filled with the up-to-date rate Litecoin (LTC) was sold for. You can change this to your desired price. The “Amount” field is the volumen of LTC you want to purchase. The field with the “Total” tag is the aggregated price in BTC that you will settle for the whole volumen of LTC. When you are glad, make a mouse click on “Buy LTC”. Your order will be filled when a Vendor trades their LTC for the price you introduced.
Step 5 – Withdraw (LTC) Litecoin Unless you're regularly trading, you should never keepyour coins on an Crypto Trader for an extended time period. In order to take off your (LTC) Litecoin, go to the “Funds” tab and mouse click on “Withdraw”. (LTC) Litecoin can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (LTC) Litecoin by using the provided drop-down box. Drop in the volumen of Litecoin (LTC) you'd like to take off. Take into account the shown minimus/fees. Also make sure you have filled your precise withdraw address. When you are satisfied, make a mouse click on “Submit”. You may be requested for verfication via email/phone ahead of a take off.