A Step-by-Step-Guide on how to buy Litecoin (LTC) in Slovenia
Step 1 – Signup to Kraken In the beginning you'll need to buy one of the top-tier currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below to register and receive your welcome Ethereum or Bitcoin.
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your Ethereum or Bitcoin will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Litecoin (LTC) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow these easy steps) Make sure you have chosen the precise coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etc. If you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Find Litecoin (LTC) Once your deposit has been confirmed, you will directly have access to your finances and you can start purchasing and trading. To buy Litecoin (LTC) on Binance, you'll want to go to the tab which is called “Exchange” and mouse click on “Basic”. To spot (LTC) Litecoin, you will need to put the shortname of the coin (LTC) into the search box, which is highlighted in the graphic. Be certain of having selected the correct pairing, we've highlighted this also. Click on “LTC/BTC” to advance.
Step 4 – Purchase (LTC) Litecoin As soon as you've spotted (LTC) Litecoin, you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). For now we are making our Limit Order. The “Price” field will be automatically filled with the latest tariff (LTC) Litecoin was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the volumen of LTC you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the complete volumen of LTC. If you're happy, make a mouse click on “Buy LTC”. Your order will be filled when a Seller sells their LTC for the price you introduced.
Step 5 – Withdraw (LTC) Litecoin Unless you are frequently trading, you should never keepyour crypto coins on an Crypto Trader for an extensive period of time. To withdraw your (LTC) Litecoin, hover over the “Funds” tab and mouse click on “Withdraw”. Litecoin (LTC) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Litecoin (LTC) by using the given drop-down box. Drop in the volumen of Litecoin (LTC) you'd like to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your correct withdraw address. If you're glad, click on “Submit”. You may be requested for phone/email verification ahead of a withdrawal.