A Step-by-Step-Guide on how to buy Litecoin (LTC) in Saint Vincent And The Grenadines
Step 1 – Join Kraken You will first need to purchase units of the major currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click the button below to register and getting your welcome Ethereum or Bitcoin.
Step 2 – Transmit Your BTC (Bitcoin) or ETH (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 identical. Litecoin (LTC) is available on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Follow this manual) Make sure you have chosen the precise 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 opposed (Follow our guide).
Step 3 – Find Litecoin (LTC) Once your deposit has been approved, you'll immediately have access to your funds and you can begin invest and trading. To invest in (LTC) Litecoin on Binance, you'll want to hover over the “Exchange” tab and after that click on “Basic”. To find Litecoin (LTC), you'll need to put the shortname of the coin (LTC) into the search box, which is marked in the picture. Make sure you have choosen the right pairing, we have marked this too. Click on “LTC/BTC” to progress.
Step 4 – Buy (LTC) Litecoin As soon as you've discovered (LTC) Litecoin, you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). Next we are making our own Limit Order. The “Price” field will be automatically filled with the up-to-date price (LTC) Litecoin was traded for. You can change this to your favoured price. The field with the “Amount” tag is the volumen of LTC you wish to buy. The field with the “Total” tag is the total price in BTC that you will settle for the complete volumen of LTC. When you are satisfied, click on “Buy LTC”. Your plan will be filled as soon as a Vender trades their LTC for the price you offered.
Step 5 – Withdraw (LTC) Litecoin Unless you are frequently trading, never keep your crypto on an Exchange for an longer time period. To withdraw your (LTC) Litecoin, go to the “Funds” tab and click on “Withdraw”. Litecoin (LTC) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (LTC) Litecoin by using the provided drop-down box. Enter the volumen of Litecoin (LTC) you'd wish to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your right withdraw address. When you're glad, make a mouse click on “Submit”. You may be requested for phone/email verification ahead of a take off.