A Step-by-Step-Guide on how to buy Litecoin (LTC) in Saint Barthelemy
Step 1 – Signup to Kraken In the beginning you'll need to purchase one of the top-tier currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below for registration and receive your first Bitcoin or Ethereum.
Step 2 – Send Your Ethereum or Bitcoin to an Exchange Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Litecoin (LTC) is obtainable on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this manual) Make sure you've selected the right coin you want to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you are using a decentralized exchange, like Airswap or DDEX could be different (Follow our manual).
Step 3 – Find (LTC) Litecoin As soon as your deposit has been confirmed, you'll directly have access to your finances and you can begin buying and trading. To buy (LTC) Litecoin on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”. In order to discover (LTC) Litecoin, you will need to put the cointype (LTC) into the search-box, which is marked in the picture. Be certain of having selected the correct pairing, we have marked this also. Click on “LTC/BTC” to advance.
Step 4 – Purchase Litecoin (LTC) As soon as you've discovered (LTC) Litecoin, you'll be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). For now we are going to create our Limit Order. The field with the “Price” tag will be automatically filled with the latest tariff Litecoin (LTC) was traded for. You can change this to your favoured price. The “Amount” field is the quantity of LTC you like to buy. The “Total” field is the total price in Bitcoin that you'll pay for the whole quantity of LTC. When you are happy, click on “Buy LTC”. Your plan will be filled when a Seller sells their LTC for the price you offered.
Step 5 – Withdraw Litecoin (LTC) Unless you are regularly trading, never keep your crypto on an Cryptocurrency Exchange for an extended period of time. To withdraw your Litecoin (LTC), hover over the “Funds” tab and 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. Put into the amount of (LTC) Litecoin you would wish to withdraw. Don't forget the shown fees/minimums. Also make sure you have filled your right withdraw address. If you're glad, click on “Submit”. You may be requested for verfication via phone/email before a withdrawal.