A Step-by-Step-Guide on how to buy Litecoin (LTC) in Zimbabwe
Step 1 – Join Coinbase and get 10$ for free In the beginning you'll need to buy units of the bigger currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click below to register and receive your first $10.
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Litecoin (LTC) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this manual) Make sure you've chosen the correct coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our how-to).
Step 3 – Find (LTC) Litecoin Once your deposit has been affirmed, you will directly have access to your assets and you can begin purchasing and trading. To invest in Litecoin (LTC) on Binance, you'll want to go to the “Exchange” tab and after that mouse click on “Basic”. In order to spot Litecoin (LTC), you'll need to insert the short name of the asset (LTC) into the search box, which is highlighted in the picture. Make sure you have choosen the correct grouping, we have marked this also. Click on “LTC/BTC” to progress.
Step 4 – Purchase (LTC) Litecoin Once you have discovered (LTC) Litecoin, you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we are making our own Limit Order. The field with the “Price” tag will be filled automatically with the most latest valuation (LTC) Litecoin was sold for. This can be changed to your favoured price. The “Amount” field is the quantity of LTC you like to purchase. The “Total” field is the aggregated price in BTC that you will settle for the complete volumen of LTC. When you're satisfied, click on “Buy LTC”. Your plan will be filled when a Vendor sells their LTC for the price you offered.
Step 5 – Withdraw Litecoin (LTC) Unless you are regularly trading, you should never keepyour coins on an Cryptocurrency Exchange for an extended time frame. To take off your (LTC) Litecoin, hover over the tab called “Funds” and click on “Withdraw”. (LTC) Litecoin can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Litecoin (LTC) by using the provided drop-down box. Enter the volumen of (LTC) Litecoin you would wish to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address. If you're happy, make a mouse click on “Submit”. You could be requested for email/phone verification ahead of a take off.