A Step-by-Step-Guide on how to buy Litecoin (LTC) in Montenegro
Step 1 – Join Kraken In the beginning you'll need to purchase one of the top-tier coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below to register and getting your welcome Bitcoin or Ethereum.
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an 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 Coinbase funds to an Crypto Exchange? (Just follow this guide) Make sure you've selected the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etcetera. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Find (LTC) Litecoin Once your deposit has been confirmed, you will now have access to your finances and you can initiate buying and trading. To buy (LTC) Litecoin on Binance, you'll want to go to the “Exchange” tab and then mouse click on “Basic”. To locate Litecoin (LTC), you will need to put the shortname of the coin (LTC) into the search box, which is marked in the image. Make sure you have choosen the correct pairing, we have highlighted this too. Click on “LTC/BTC” to progress.
Step 4 – Purchase (LTC) Litecoin Once you have located Litecoin (LTC), you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). Next we're making our Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date valuation Litecoin (LTC) was sold for. This can be changed to your desired rate. The “Amount” field is the volumen of LTC you want to purchase. The “Total” field is the total price in Bitcoin that you'll settle for the whole volumen of LTC. If you're happy, make a mouse click on “Buy LTC”. Your order will be filled as soon as a Vendor sells their LTC for the price you introduced.
Step 5 – Withdraw (LTC) Litecoin Unless you're trading, never keep your crypto coins on an Exchange for an extended period of time. To take off your (LTC) Litecoin, go to the tab called “Funds” and click on “Withdraw”. Litecoin (LTC) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Litecoin (LTC) by using the provided drop-down box. Put into the quantity of Litecoin (LTC) you would like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have filled your correct withdraw address. If you're happy, make a mouse click on “Submit”. You could be requested for email/phone verification ahead of a take off.