A Step-by-Step-Guide on how to buy Litecoin (LTC) in Slovenia
Step 1 – Signup to Coinbase and get 10$ for free In the beginning you'll need to purchase units of the major currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click the button below for registration and getting your welcome 10 Dollar.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Litecoin (LTC) is obtainable on Binance, so we're going to use that as an illustration. 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 BTC deposit address, ETH to an Ethereum deposit address, and so forth. In the case you're working with a decentralized exchange, like Airswap or DDEX could be different (Just follow our manual).
Step 3 – Find Litecoin (LTC) As soon as your deposit has been affirmed, you'll now have access to your assets and you can commence invest and trading. To buy Litecoin (LTC) on Binance, you will want to hover over the tab which is called “Exchange” and click on “Basic”. In order to locate Litecoin (LTC), you will need to insert the cointype (LTC) into the search-box, which is highlighted in the image. Make sure you have selected the correct grouping, we've marked this too. Click on “LTC/BTC” to proceed.
Step 4 – Buy (LTC) Litecoin As soon as you have found (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). And now we are going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date rate Litecoin (LTC) was traded for. You can change this to your favoured price. The “Amount” field is the amount of LTC you wish to purchase. The “Total” field is the aggregated price in BTC that you'll pay for the complete volumen of LTC. If you're happy, click on “Buy LTC”. Your order will be filled as soon as a Vendor sells their LTC for the price you gave.
Step 5 – Withdraw Litecoin (LTC) Unless you are frequently trading, you should never keepyour crypto on an Crypto Exchange for an extended time frame. To withdraw your Litecoin (LTC), hover over the “Funds” tab and click on “Withdraw”. Litecoin (LTC) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Litecoin (LTC) by using the provided drop-down box. Put into the amount of Litecoin (LTC) you would like to take off. Don't forget the shown minimus/fees. Also make sure you have filled your right withdraw address. When you are glad, click “Submit”. You could be requested for verfication via phone/email before a withdrawal.