A Step-by-Step-Guide on how to buy Litecoin (LTC) in Turks And Caicos Islands
Step 1 – Signup to Coinbase and get 10$ for free In the beginning you'll need to buy one of the top-tier currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for alternative Coins. Click below to register and getting your welcome 10 Dollar.
Step 2 – Transmit Your Ethereum or Bitcoin to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Litecoin (LTC) is available on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to) Make sure you have chosen the exact coin you want to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, et cetera. If you're dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our how-to).
Step 3 – Find (LTC) Litecoin As soon as your deposit has been confirmed, you will directly have access to your finances and you can initiate purchasing and trading. To buy (LTC) Litecoin on Binance, you will want to hover over the “Exchange” tab and mouse click on “Basic”. To find Litecoin (LTC), you'll need to insert the short name of the asset (LTC) into the search box, which is marked in the picture. Be certain of having selected the correct pairing, we've highlighted this also. Click on “LTC/BTC” to progress.
Step 4 – Purchase Litecoin (LTC) Once you've discovered (LTC) Litecoin, you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). And now we are creating our Limit Order. The “Price” field will be automatically filled with the most up-to-date tariff Litecoin (LTC) was traded for. This can be changed to your desired price. The “Amount” field is the amount of LTC you want to purchase. The field with the “Total” tag is the total price in BTC that you will pay for the complete volumen of LTC. When you are satisfied, make a mouse click on “Buy LTC”. Your plan will be filled as soon as a Vender trades their LTC for the price you submitted.
Step 5 – Withdraw Litecoin (LTC) Unless you're regularly trading, you should never keepyour crypto coins on an Crypto Trader for an extended period of time. In order to withdraw your Litecoin (LTC), go to the “Funds” tab and click on “Withdraw”. (LTC) Litecoin can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Litecoin (LTC) by using the given drop-down box. Drop in the quantity of (LTC) Litecoin you'd like to withdraw. Take into account the displayed minimus/fees. Also make sure you have entered your correct withdraw address. If you are happy, make a mouse click on “Submit”. You may be asked for phone/email verification before a take off.