A Step-by-Step-Guide on how to buy Litecoin (LTC) in Pitcairn Islands
Step 1 – Signup to Kraken You'll first need to purchase units of the bigger currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below for registration and receive your welcome Ethereum or Bitcoin.
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Litecoin (LTC) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow these easy steps) Make sure you've chosen the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Locate (LTC) Litecoin As soon as your deposit has been affirmed, you will now have access to your funds and you can start invest and trading. To purchase Litecoin (LTC) on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. To find (LTC) Litecoin, you'll need to insert the short name of the asset (LTC) into the search box, which is highlighted in the graphic. Be certain of having selected the proper grouping, we have marked this also. Click on “LTC/BTC” to go ahead.
Step 4 – Buying (LTC) Litecoin After you have found (LTC) Litecoin, you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the image). For now we're making our Limit Order. The “Price” field will be filled with the up-to-date price Litecoin (LTC) was traded for. This can be changed to your desired price. The field with the “Amount” tag is the volumen of LTC you want to buy. The “Total” field is the aggregated price in BTC that you'll settle for the whole amount of LTC. When you are satisfied, make a mouse click on “Buy LTC”. Your plan will be filled when a Vender sells their LTC for the price you offered.
Step 5 – Withdraw (LTC) Litecoin Unless you're regularly trading, best advise is not to keep your crypto on an Crypto Trader for an longer time frame. To take off your (LTC) Litecoin, hover over the “Funds” tab and click on “Withdraw”. (LTC) Litecoin can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Litecoin (LTC) by using the given drop-down box. Drop in the quantity of (LTC) Litecoin you'd wish to take off. Don't forget the displayed fees/minimums. Also make sure you have entered your correct withdraw address. If you are satisfied, click “Submit”. You could be requested for verfication via phone/email before a take off.