A Step-by-Step-Guide on how to buy Litecoin (LTC) in Mali
Step 1 – Join Coinbase and recieve 10$ for free You'll first need to buy one of the major currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click below to register and getting your welcome 10$.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Litecoin (LTC) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this manual) Make sure you have selected the exact coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our manual).
Step 3 – Locate Litecoin (LTC) Once your deposit has been verified, you'll directly have access to your assets and you can start purchasing and trading. To invest in (LTC) Litecoin on Binance, you will want to go to the “Exchange” tab and after that mouse click on “Basic”. To spot Litecoin (LTC), you will need to insert the cointype (LTC) into the search box, which is highlighted in the image. Be certain of having choosen the right grouping, we have marked this too. Click on “LTC/BTC” to advance.
Step 4 – Purchasing (LTC) Litecoin As soon as you've discovered (LTC) Litecoin, you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). For now we are creating our Limit Order. The “Price” field will be filled with the recent price (LTC) Litecoin was sold for. You can change this to your desired rate. The “Amount” field is the volumen of LTC you like to buy. The “Total” field is the whole price in BTC that you'll pay for the whole volumen of LTC. When you're satisfied, make a mouse click on “Buy LTC”. Your order will be filled as soon as a Vender trades their LTC for the price you introduced.
Step 5 – Withdraw Litecoin (LTC) Unless you're trading, best advise is not to keep crypto coins on an Exchange for an extensive time frame. In order to withdraw your Litecoin (LTC), go to the tab called “Funds” and click on “Withdraw”. Litecoin (LTC) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Litecoin (LTC) by using the provided drop-down box. Put into the quantity of (LTC) Litecoin you would wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address. If you're satisfied, click on “Submit”. You may be requested for phone/email verification ahead of a withdrawal.