A Step-by-Step-Guide on how to buy Litecoin (LTC) in Tuvalu
Step 1 – Join Kraken In the beginning you'll need to purchase units of the top-tier currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click below to register and getting your first Bitcoin or Ethereum.
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Litecoin (LTC) is accessible on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Follow this manual) Make sure you have chosen the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. In the case you're using a decentralized exchange, like Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Find Litecoin (LTC) As soon as your deposit has been affirmed, you'll directly have access to your funds and you can start buying and trading. To buy Litecoin (LTC) on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”. To find (LTC) Litecoin, you will need to put the cointype (LTC) into the search-box, which is marked in the picture. Be certain of having selected the right grouping, we have highlighted this also. Click on “LTC/BTC” to advance.
Step 4 – Buy Litecoin (LTC) As soon as you've located Litecoin (LTC), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). And now we are going to create our Limit Order. The field with the “Price” tag will be automatically filled with the recent price (LTC) Litecoin was sold for. You can change this to your favoured price. The “Amount” field is the quantity of LTC you like to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the whole volumen of LTC. When you're satisfied, click on “Buy LTC”. Your order will be filled as soon as a Vender sells their LTC for the price you introduced.
Step 5 – Withdraw (LTC) Litecoin Unless you are trading, you should never keepyour coins on an Cryptocurrency Exchange for an longer time period. To withdraw your Litecoin (LTC), go to the tab called “Funds” and mouse click on “Withdraw”. (LTC) Litecoin can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (LTC) Litecoin by using the provided drop-down box. Drop in the quantity of (LTC) Litecoin you would wish to take off. Take into account the presented minimus/fees. Also make sure you have entered your precise withdraw address. If you're satisfied, click “Submit”. You may be requested for phone/email verification ahead of a take off.