A Step-by-Step-Guide on how to buy Litecoin (LTC) in Poland
Step 1 – Join Coinbase – Get Free $10 You will first need to buy units of the major currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Click the button below to register and getting your first 10$.
Step 2 – Send Your Funds to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Litecoin (LTC) is accessible on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this manual) Make sure you have chosen the correct coin you would like 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 unlike (Follow these easy steps).
Step 3 – Find Litecoin (LTC) Once your deposit has been confirmed, you will now have access to your finances and you can begin buying and trading. To invest in Litecoin (LTC) on Binance, you will want to go to the “Exchange” tab and after that mouse click on “Basic”. In order to spot Litecoin (LTC), you will need to insert the shortname of the coin (LTC) into the search-box, which is marked in the image. Make sure you have choosen the right grouping, we've highlighted this too. Click on “LTC/BTC” to advance.
Step 4 – Purchasing (LTC) Litecoin After you've discovered (LTC) Litecoin, you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). For now we're going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date tariff (LTC) Litecoin was traded for. This can be changed to your desired price. The field with the “Amount” tag is the amount of LTC you like to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the whole amount of LTC. When you are glad, click on “Buy LTC”. Your plan will be filled when a Seller sells their LTC for the price you introduced.
Step 5 – Withdraw Litecoin (LTC) Unless you are regularly trading, best advise is not to keep coins on an Crypto Exchange for an longer time frame. To withdraw your Litecoin (LTC), go to the “Funds” tab and click on “Withdraw”. Litecoin (LTC) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (LTC) Litecoin by using the provided drop-down box. Enter the amount of (LTC) Litecoin you would like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address. If you're satisfied, make a mouse click on “Submit”. You may be requested for verfication via email/phone before a withdrawal.