A Step-by-Step-Guide on how to buy Litecoin (LTC) in South Georgia And South Sandwich Islands
Step 1 – Signup to Kraken In the beginning you'll need to purchase one of the major coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for Altcoins. Click the button below for registration and receive your first Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your Ethereum or Bitcoin to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. 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 Exchange? (Follow this guide) Make sure you have chosen the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etcetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Find (LTC) Litecoin Once your deposit has been affirmed, you'll immediately have access to your finances and you can launch invest and trading. To invest in (LTC) Litecoin on Binance, you will want to go to the “Exchange” tab and then click on “Basic”. To locate Litecoin (LTC), you'll need to put the short name of the asset (LTC) into the search-box, which is marked in the picture. Make sure you have choosen the proper pairing, we have highlighted this also. Click on “LTC/BTC” to go ahead.
Step 4 – Buy (LTC) Litecoin As soon as you've located (LTC) Litecoin, you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). For now we're making our Limit Order. The field with the “Price” tag will be filled with the most latest price (LTC) Litecoin was sold for. You can change this to your desired price. The “Amount” field is the volumen of LTC you wish to buy. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the complete amount of LTC. When you're glad, make a mouse click on “Buy LTC”. Your plan will be filled when a Vender trades their LTC for the price you submitted.
Step 5 – Withdraw Litecoin (LTC) Unless you are regularly trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an extended period of time. To withdraw your Litecoin (LTC), go to the tab called “Funds” and click on “Withdraw”. Litecoin (LTC) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Litecoin (LTC) by using the provided drop-down box. Enter the quantity of (LTC) Litecoin you would wish to take off. Take into account the displayed minimus/fees. Also make sure you have filled your precise withdraw address. If you're happy, click “Submit”. You may be requested for email/phone verification ahead of a take off.