A Step-by-Step-Guide on how to buy Litecoin (LTC) in Japan
Step 1 – Signup to Kraken In the beginning you'll need to buy one of the bigger currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below for registration and receive your first BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your Bitcoin or Ethereum to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Litecoin (LTC) is obtainable on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this manual) Make sure you have chosen the correct coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow our manual).
Step 3 – Find (LTC) Litecoin As soon as your deposit has been affirmed, you will immediately have access to your assets and you can initiate purchasing and trading. To invest in (LTC) Litecoin on Binance, you will want to go to the “Exchange” tab and mouse click on “Basic”. To find (LTC) Litecoin, you'll need to put the cointype (LTC) into the search-box, which is marked in the picture. Be certain of having choosen the correct grouping, we've marked this also. Click on “LTC/BTC” to go on.
Step 4 – Purchase Litecoin (LTC) After you've spotted Litecoin (LTC), you will be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). Next we are going to make our Limit Order. The field with the “Price” tag will be automatically filled with the most latest tariff Litecoin (LTC) was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the amount of LTC you like to buy. The field with the “Total” tag is the total price in BTC that you will settle for the whole quantity of LTC. When you are satisfied, make a mouse click on “Buy LTC”. Your plan will be filled as soon as a Seller sells their LTC for the price you gave.
Step 5 – Withdraw Litecoin (LTC) Unless you are regularly trading, never keep your crypto coins on an Crypto Trader for an longer time period. In order to withdraw your (LTC) Litecoin, go to the tab called “Funds” and mouse click on “Withdraw”. Litecoin (LTC) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (LTC) Litecoin by using the provided drop-down box. Enter the quantity of (LTC) Litecoin you would wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address. When you are happy, make a mouse click on “Submit”. You could be requested for email/phone verification before a withdrawal.