A Step-by-Step-Guide on how to buy Litecoin (LTC) in Saint Kitts And Nevis
Step 1 – Join Kraken You will first need to purchase one of the top-tier coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click below to register and receive your first Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Ethereum or Bitcoin to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Litecoin (LTC) is available on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this how-to) Make sure you've chosen the right coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, et cetera. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our guide).
Step 3 – Locate (LTC) Litecoin As soon as your deposit has been approved, you will now have access to your assets and you can start purchasing and trading. To invest in Litecoin (LTC) on Binance, you will want to go to the “Exchange” tab and mouse click on “Basic”. In order to discover (LTC) Litecoin, you will need to insert the shortname of the coin (LTC) into the search box, which is highlighted in the image. Be certain of having choosen the right grouping, we have highlighted this too. Click on “LTC/BTC” to proceed.
Step 4 – Purchase (LTC) Litecoin As soon as you've found (LTC) Litecoin, you'll be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). Next we're creating our Limit Order. The field with the “Price” tag will be automatically filled with the recent rate Litecoin (LTC) was traded for. This can be changed to your preferred price. The “Amount” field is the quantity of LTC you like to buy. The field with the “Total” tag is the whole price in BTC that you'll pay for the whole volumen of LTC. If you are happy, make a mouse click on “Buy LTC”. Your plan will be filled when a Vendor sells their LTC for the price you offered.
Step 5 – Withdraw Litecoin (LTC) Unless you are regularly trading, never keep your coins on an Crypto Trader for an extended period of time. In order to withdraw your (LTC) Litecoin, hover over the “Funds” tab and click on “Withdraw”. (LTC) Litecoin can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Litecoin (LTC) by using the provided drop-down box. Drop in the volumen of (LTC) Litecoin you would wish to withdraw. Take into account the displayed fees/minimums. Also make sure you have entered your precise withdraw address. When you are glad, click “Submit”. You may be asked for verfication via phone/email before a take off.