A Step-by-Step-Guide on how to buy Litecoin (LTC) in Virgin Islands
Step 1 – Join Kraken You will first need to purchase units of the top-tier coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click the button below for registration and receive your welcome Bitcoin or Ethereum.
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Litecoin (LTC) is obtainable on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this manual) Make sure you have chosen the right coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, et cetera. If you are using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).
Step 3 – Locate Litecoin (LTC) Once your deposit has been confirmed, you'll directly have access to your finances and you can commence purchasing and trading. To buy Litecoin (LTC) on Binance, you will want to hover over the “Exchange” tab and then mouse click on “Basic”. To locate Litecoin (LTC), you'll need to put the short name of the asset (LTC) into the search-box, which is highlighted in the picture. Be certain of having choosen the right grouping, we've marked this too. Click on “LTC/BTC” to advance.
Step 4 – Buy (LTC) Litecoin Once you've discovered Litecoin (LTC), you will be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). And now we're making our own Limit Order. The “Price” field will be automatically filled with the most up-to-date rate (LTC) Litecoin was traded for. This can be changed to your preferred price. The “Amount” field is the volumen of LTC you wish to buy. The field with the “Total” tag is the total price in BTC that you'll settle for the complete volumen of LTC. When you're satisfied, click on “Buy LTC”. Your order will be filled as soon as a Vender trades their LTC for the price you introduced.
Step 5 – Withdraw (LTC) Litecoin Unless you are trading, never keep your crypto coins on an Crypto Exchange for an extended time period. To take off your (LTC) Litecoin, hover over the “Funds” tab and mouse click on “Withdraw”. (LTC) Litecoin can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (LTC) Litecoin by using the given drop-down box. Put into the quantity of (LTC) Litecoin you would like to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have entered your right withdraw address. If you're satisfied, make a mouse click on “Submit”. You may be asked for phone/email verification ahead of a take off.