A Step-by-Step-Guide on how to buy Litecoin (LTC) in Brunei
Step 1 – Join Coinbase and get 10$ for free You'll first need to buy one of the bigger currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click the button below to register and receive your welcome 10$.
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your Ethereum or Bitcoin will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Litecoin (LTC) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to) Make sure you've chosen the precise coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Find Litecoin (LTC) Once your deposit has been verified, you'll directly have access to your funds and you can start buying and trading. To invest in (LTC) Litecoin on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”. To locate Litecoin (LTC), you'll need to put the shortname of the coin (LTC) into the search box, which is highlighted in the image. Be certain of having selected the correct pairing, we've highlighted this also. Click on “LTC/BTC” to proceed.
Step 4 – Buy Litecoin (LTC) After you've discovered (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 are going to make our own Limit Order. The field with the “Price” tag will be filled automatically with the most latest tariff (LTC) Litecoin was traded 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 amount of LTC. When you're glad, click on “Buy LTC”. Your order will be filled as soon as a Vendor sells their LTC for the price you introduced.
Step 5 – Withdraw (LTC) Litecoin Unless you are frequently trading, best advise is not to keep crypto on an Exchange for an longer period of time. In order to take off your (LTC) Litecoin, hover over the tab called “Funds” and mouse click on “Withdraw”. (LTC) Litecoin can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (LTC) Litecoin by using the given drop-down box. Drop in the volumen of (LTC) Litecoin you would wish to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address. If you are glad, click on “Submit”. You may be asked for phone/email verification ahead of a withdrawal.