A Step-by-Step-Guide on how to buy Litecoin (LTC) in Lithuania
Step 1 – Signup to Coinbase and get 10$ for free You'll first need to buy units of the bigger coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for Altcoins. Click the button below for registration and to get your first 10 Dollar.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange 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 illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow this how-to) Make sure you have chosen the right coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so on. In the case you're using a decentralized exchange, like Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Find Litecoin (LTC) As soon as your deposit has been confirmed, you will instantly have access to your funds and you can commence invest and trading. To invest in (LTC) Litecoin on Binance, you'll want to hover over the “Exchange” tab and mouse click on “Basic”. In order to spot Litecoin (LTC), you'll need to put the short name of the asset (LTC) into the search-box, which is highlighted in the image. Make sure you have selected the proper grouping, we've marked this too. Click on “LTC/BTC” to progress.
Step 4 – Purchase Litecoin (LTC) Once you have spotted (LTC) Litecoin, you will be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we're making our own Limit Order. The field with the “Price” tag will be automatically filled with the up-to-date valuation Litecoin (LTC) was sold for. This can be changed to your desired price. The “Amount” field is the quantity of LTC you like to purchase. The field with the “Total” tag is the whole price in BTC that you'll settle for the complete quantity of LTC. When you are satisfied, make a mouse click on “Buy LTC”. Your order will be filled when a Vendor trades their LTC for the price you offered.
Step 5 – Withdraw Litecoin (LTC) Unless you're frequently trading, best advise is not to keep your crypto coins on an Crypto Exchange for an extended period of time. In order to take off your (LTC) Litecoin, go to the tab called “Funds” and click on “Withdraw”. Litecoin (LTC) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Litecoin (LTC) by using the provided drop-down box. Put into the volumen of Litecoin (LTC) you'd wish to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your precise withdraw address. When you're happy, make a mouse click on “Submit”. You could be requested for verfication via email/phone before a withdrawal.