A Step-by-Step-Guide on how to buy Litecoin (LTC) in Samoa
Step 1 – Signup to Kraken You will first need to buy one of the top-tier coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Click below to register and receive your first Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Litecoin (LTC) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow this how-to) Make sure you've chosen the correct coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so on. If you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Locate Litecoin (LTC) As soon as your deposit has been verified, you'll instantly have access to your funds and you can launch buying and trading. To buy (LTC) Litecoin on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”. To discover Litecoin (LTC), you will need to put the cointype (LTC) into the search box, which is marked in the picture. Make sure you have selected the right grouping, we have highlighted this also. Click on “LTC/BTC” to progress.
Step 4 – Buy Litecoin (LTC) Once you've found (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 image). Next we're making our own Limit Order. The “Price” field will be filled automatically with the most up-to-date rate (LTC) Litecoin was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the quantity of LTC you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the complete amount of LTC. If you are glad, make a mouse click on “Buy LTC”. Your plan will be filled as soon as a Vender trades their LTC for the price you introduced.
Step 5 – Withdraw (LTC) Litecoin Unless you're trading, best advise is not to keep crypto on an Crypto Trader for an extensive period of time. To withdraw your (LTC) Litecoin, hover over the tab called “Funds” and click on “Withdraw”. (LTC) Litecoin can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Litecoin (LTC) by using the provided drop-down box. Put into the volumen of (LTC) Litecoin you would wish to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your right withdraw address. If you're happy, make a mouse click on “Submit”. You may be requested for verfication via email/phone before a take off.