A Step-by-Step-Guide on how to buy Litecoin (LTC) in Ukraine
Step 1 – Join Kraken You'll first need to purchase one of the bigger currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Follow the Link below for registration and to get your first BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your Funds to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Litecoin (LTC) is obtainable on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Follow this manual) Make sure you've chosen the correct coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Locate Litecoin (LTC) As soon as your deposit has been verified, you'll directly have access to your finances and you can initiate buying and trading. To purchase Litecoin (LTC) on Binance, you'll want to go to the “Exchange” tab and then click on “Basic”. To locate (LTC) Litecoin, you'll need to insert the short name of the asset (LTC) into the search box, which is marked in the graphic. Make sure you have choosen the right grouping, we've marked this also. Click on “LTC/BTC” to progress.
Step 4 – Buying Litecoin (LTC) As soon as you've located (LTC) Litecoin, you will be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). Next we're going to make our own Limit Order. The field with the “Price” tag will be filled with the up-to-date price Litecoin (LTC) was sold for. You can change this to your preferred price. The “Amount” field is the amount of LTC you like to purchase. The “Total” field is the aggregated price in BTC that you will pay for the complete volumen of LTC. If you are glad, click on “Buy LTC”. Your plan will be filled as soon as a Vender trades their LTC for the price you offered.
Step 5 – Withdraw Litecoin (LTC) Unless you're trading, you should never keepyour crypto on an Exchange for an extended period of time. In order to take off your Litecoin (LTC), go to the “Funds” tab and click on “Withdraw”. (LTC) Litecoin can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (LTC) Litecoin by using the provided drop-down box. Put into the volumen of Litecoin (LTC) you would like to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your right withdraw address. When you are happy, click on “Submit”. You may be asked for verfication via phone/email ahead of a withdrawal.