A Step-by-Step-Guide on how to buy Litecoin (LTC) in Mozambique
Step 1 – Signup to Coinbase and get 10$ for free You'll first need to purchase units of the top-tier currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below for registration and receive your first 10 Dollar.
Step 2 – Transmit Your Ethereum or Bitcoin to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Litecoin (LTC) is accessible on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this guide) Make sure you have selected the exact coin you want to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so on. If you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Just 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 buying and trading. To purchase (LTC) Litecoin on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”. In order to spot (LTC) Litecoin, you will need to put the shortname of the coin (LTC) into the search box, which is highlighted in the graphic. Be certain of having selected the right pairing, we have highlighted this also. Click on “LTC/BTC” to advance.
Step 4 – Purchasing (LTC) Litecoin After you have found (LTC) Litecoin, you'll be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). For now we are creating our own Limit Order. The “Price” field will be filled with the most latest rate Litecoin (LTC) was sold for. You can change this to your desired rate. The field with the “Amount” tag is the volumen of LTC you like to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll settle for the whole quantity of LTC. When you're glad, make a mouse click on “Buy LTC”. Your order will be filled when a Seller trades their LTC for the price you gave.
Step 5 – Withdraw (LTC) Litecoin Unless you're trading, best advise is not to keep coins on an Crypto Exchange for an longer time frame. To take off your (LTC) Litecoin, go to the tab called “Funds” and mouse click on “Withdraw”. (LTC) Litecoin can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Litecoin (LTC) by using the provided drop-down box. Drop in the volumen of Litecoin (LTC) you'd like to withdraw. Take into account the shown minimus/fees. Also make sure you have entered your correct withdraw address. If you're glad, click on “Submit”. You may be requested for phone/email verification ahead of a withdrawal.