A Step-by-Step-Guide on how to buy Litecoin (LTC) in Sint Maarten
Step 1 – Signup to Kraken You'll first need to purchase one of the major coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click below for registration and to get your first ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Litecoin (LTC) is accessible on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow these easy steps) Make sure you've selected the precise coin you want to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our manual).
Step 3 – Locate Litecoin (LTC) Once your deposit has been affirmed, you will immediately have access to your assets and you can launch buying and trading. To purchase Litecoin (LTC) on Binance, you will want to go to the tab which is called “Exchange” and mouse click on “Basic”. In order to discover Litecoin (LTC), you'll need to put the shortname of the coin (LTC) into the search-box, which is highlighted in the picture. Make sure you have selected the proper pairing, we have marked this too. Click on “LTC/BTC” to go on.
Step 4 – Purchase Litecoin (LTC) Once you have found Litecoin (LTC), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). And now we are creating our own Limit Order. The “Price” field will be automatically filled with the latest price (LTC) Litecoin was traded for. This can be changed to your preferred price. The “Amount” field is the amount of LTC you like to buy. The “Total” field is the aggregated price in Bitcoin that you'll pay for the whole volumen of LTC. When you are glad, click on “Buy LTC”. Your order will be filled as soon as a Vendor sells their LTC for the price you introduced.
Step 5 – Withdraw (LTC) Litecoin Unless you are frequently trading, best advise is not to keep crypto on an Exchange for an extensive time frame. To withdraw your Litecoin (LTC), go to the “Funds” tab and click on “Withdraw”. (LTC) Litecoin can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Litecoin (LTC) by using the given drop-down box. Enter the volumen of (LTC) Litecoin you'd like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your right withdraw address. If you are happy, make a mouse click on “Submit”. You may be asked for verfication via phone/email before a withdrawal.