A Step-by-Step-Guide on how to buy Litecoin (LTC) in Togo
Step 1 – Join Kraken In the beginning you'll need to buy units of the major coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click the button below to register and getting your first Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Litecoin (LTC) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow these easy steps) Make sure you have chosen the correct coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etc. In the case you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow these easy steps).
Step 3 – Find Litecoin (LTC) Once your deposit has been affirmed, you will instantly have access to your finances and you can initiate purchasing and trading. To buy Litecoin (LTC) on Binance, you will want to hover over the “Exchange” tab and then click on “Basic”. To discover Litecoin (LTC), you'll need to insert the cointype (LTC) into the search-box, which is marked in the picture. Be certain of having choosen the right grouping, we've marked this also. Click on “LTC/BTC” to proceed.
Step 4 – Acquisition of Litecoin (LTC) Once you have located (LTC) Litecoin, you'll be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). And now we're going to create our Limit Order. The “Price” field will be filled with the most recent rate Litecoin (LTC) was traded for. You can change this to your preferred price. The “Amount” field is the quantity of LTC you want to buy. The “Total” field is the whole price in Bitcoin that you will settle for the complete amount of LTC. If you're happy, click on “Buy LTC”. Your order will be filled when a Vendor sells their LTC for the price you offered.
Step 5 – Withdraw (LTC) Litecoin Unless you are regularly trading, best advise is not to keep coins on an Cryptocurrency Exchange for an longer period of time. In order to take off your (LTC) Litecoin, go to the tab called “Funds” and mouse click on “Withdraw”. (LTC) Litecoin can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (LTC) Litecoin by using the provided drop-down box. Drop in the volumen of (LTC) Litecoin you would wish to withdraw. Take into account the displayed minimus/fees. Also make sure you have entered your right withdraw address. When you're happy, click on “Submit”. You could be asked for verfication via phone/email ahead of a take off.