A Step-by-Step-Guide on how to buy Litecoin (LTC) in Suriname
Step 1 – Signup to Kraken You'll first need to buy one of the major coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below for registration and receive your welcome Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) 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 illustration. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this manual) Make sure you've chosen the exact coin you want to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so forth. If you're working with a decentralized exchange, like Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Locate Litecoin (LTC) Once your deposit has been verified, you'll directly have access to your finances and you can start buying and trading. To purchase Litecoin (LTC) on Binance, you'll want to go to the “Exchange” tab and after that click on “Basic”. In order to discover Litecoin (LTC), you'll need to put the cointype (LTC) into the search box, which is marked in the picture. Be certain of having choosen the right pairing, we have highlighted this also. Click on “LTC/BTC” to advance.
Step 4 – Purchasing (LTC) Litecoin As soon as you have located Litecoin (LTC), you'll be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). And now we're creating our own Limit Order. The “Price” field will be filled automatically with the most latest valuation Litecoin (LTC) was sold for. You can change this to your favoured price. The “Amount” field is the quantity of LTC you like to purchase. The “Total” field is the whole price in Bitcoin that you will pay for the whole volumen of LTC. When you are satisfied, make a mouse 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 (LTC) Litecoin Unless you're frequently trading, you should never keepyour crypto on an Cryptocurrency Exchange for an extended time frame. To withdraw your (LTC) Litecoin, hover over the tab called “Funds” and mouse click on “Withdraw”. (LTC) Litecoin can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Litecoin (LTC) by using the provided drop-down box. Drop in the quantity of (LTC) Litecoin you would wish to take off. Take into account the displayed fees/minimums. Also make sure you have filled your correct withdraw address. When you are glad, click on “Submit”. You could be requested for email/phone verification before a withdrawal.