A Step-by-Step-Guide on how to buy Litecoin (LTC) in Romania
Step 1 – Signup to Coinbase and get 10$ for free In the beginning you'll need to buy units of the bigger coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below for registration and to get your first 10 Dollar.
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Litecoin (LTC) is obtainable on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual) Make sure you've selected the precise coin you want to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow these easy steps).
Step 3 – Find (LTC) Litecoin As soon as your deposit has been verified, you'll immediately have access to your assets and you can launch invest and trading. To buy Litecoin (LTC) on Binance, you'll want to hover over the “Exchange” tab and then click on “Basic”. To locate (LTC) Litecoin, you will need to insert the cointype (LTC) into the search box, which is highlighted in the graphic. Make sure you have choosen the proper pairing, we have highlighted this also. Click on “LTC/BTC” to proceed.
Step 4 – Purchasing Litecoin (LTC) After you've discovered Litecoin (LTC), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). For now we are going to create our own Limit Order. The “Price” field will be filled automatically with the up-to-date rate Litecoin (LTC) was sold for. This can be changed to your desired price. The “Amount” field is the quantity of LTC you want to buy. The field with the “Total” tag is the aggregated price in BTC that you will pay for the complete volumen of LTC. When you're satisfied, click on “Buy LTC”. Your plan will be filled as soon as a Seller trades their LTC for the price you gave.
Step 5 – Withdraw (LTC) Litecoin Unless you're regularly trading, you should never keepyour crypto on an Cryptocurrency Exchange for an extensive period of time. In order to withdraw your (LTC) Litecoin, hover over the tab called “Funds” and mouse click on “Withdraw”. Litecoin (LTC) can be stored securely 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. Take into account the demonstrated minimus/fees. Also make sure you have entered your right withdraw address. When you are happy, click on “Submit”. You may be asked for verfication via email/phone ahead of a withdrawal.