A Step-by-Step-Guide on how to buy Litecoin (LTC) in Wallis And Futuna
Step 1 – Signup to Kraken In the beginning you'll need to purchase units of the major currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below to register and to get your welcome Bitcoin or Ethereum.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Litecoin (LTC) is available on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Just follow this how-to) Make sure you have chosen the right coin you want to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etcetera. If you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our manual).
Step 3 – Locate (LTC) Litecoin As soon as your deposit has been approved, you will instantly have access to your finances and you can commence buying and trading. To buy Litecoin (LTC) on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”. In order to locate (LTC) Litecoin, you'll need to insert the cointype (LTC) into the search box, which is marked in the picture. Be certain of having choosen the correct pairing, we have marked this too. Click on “LTC/BTC” to progress.
Step 4 – Acquisition of (LTC) Litecoin As soon as you've spotted (LTC) Litecoin, you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). Next we're making our own Limit Order. The field with the “Price” tag will be automatically filled with the most recent tariff (LTC) Litecoin was traded for. This can be changed to your preferred price. The “Amount” field is the amount of LTC you like to buy. The “Total” field is the total price in BTC that you'll settle for the complete quantity of LTC. When you're happy, make a mouse click on “Buy LTC”. Your order will be filled when a Vender trades their LTC for the price you submitted.
Step 5 – Withdraw Litecoin (LTC) Unless you're regularly trading, best advise is not to keep coins on an Crypto Trader for an extended time frame. To take off your (LTC) Litecoin, go to the “Funds” tab and click on “Withdraw”. Litecoin (LTC) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (LTC) Litecoin by using the given drop-down box. Put into the volumen of (LTC) Litecoin you would wish to withdraw. Don't forget the displayed minimus/fees. Also make sure you have filled your right withdraw address. When you're glad, click on “Submit”. You may be asked for verfication via email/phone before a take off.