How to Buy Litecoin (LTC) in West Bank

A Step-by-Step-Guide on how to buy Litecoin (LTC) in West Bank

Step 1 – Signup to Kraken

In the beginning you'll need to buy units of the major coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for Altcoins. Click below for registration and getting your first Ethereum (ETH) or Bitcoin (BTC).

Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader

Your Bitcoin or Ethereum will need to be sent over to an Crypto Trader now. All exchanges have 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 funds from Coinbase to an Exchange? (Follow this how-to)

Make sure you've chosen the precise coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so forth. In the case you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our how-to).

Step 3 – Locate (LTC) Litecoin

As soon as your deposit has been affirmed, you will immediately have access to your finances and you can commence purchasing and trading. To purchase Litecoin (LTC) on Binance, you will want to go to the tab which is called “Exchange” and click on “Basic”.

To spot Litecoin (LTC), you'll need to put the cointype (LTC) into the search box, which is highlighted in the image. Make sure you have selected the proper pairing, we have marked this also. Click on “LTC/BTC” to progress.

Step 4 – Buying (LTC) Litecoin

As soon as you've discovered Litecoin (LTC), you'll be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). For now we are going to make our Limit Order.

The field with the “Price” tag will be automatically filled with the most up-to-date price (LTC) Litecoin was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the volumen of LTC you like to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the complete quantity of LTC.

When you're happy, make a mouse click on “Buy LTC”. Your order will be filled as soon as a Vender trades their LTC for the price you submitted.

Step 5 – Withdraw Litecoin (LTC)

Unless you are regularly trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an extensive time period. To withdraw your (LTC) Litecoin, go to the “Funds” tab and mouse click on “Withdraw”. (LTC) Litecoin can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Litecoin (LTC) by using the provided drop-down box. Drop in the amount of Litecoin (LTC) you would wish to withdraw. Take into account the presented minimus/fees. Also make sure you have entered your right withdraw address.

When you are satisfied, make a mouse click on “Submit”. You could be asked for verfication via phone/email ahead of a withdrawal.

Congrats! You've successfully purchased and safed (LTC) Litecoin in West Bank.

That's it!

Withdrawals from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you have confirmed your take off using Ethplorer.io or Etherscan.io and the (LTC) Litecoin is safe inside your wallet, you are finished.
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