A Step-by-Step-Guide on how to buy Litecoin (LTC) in Cameroon
Step 1 – Join Coinbase and recieve 10$ for free You will first need to buy one of the top-tier currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Follow the Link below to register and receive your welcome 10 Dollar.
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an 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 example. Unsure on how to send Coinbase funds to an Exchange? (Follow this how-to) Make sure you have selected the right coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etcetera. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Locate Litecoin (LTC) As soon as your deposit has been verified, you'll directly have access to your assets and you can begin invest and trading. To invest in (LTC) Litecoin on Binance, you'll want to hover over the “Exchange” tab and after that mouse click on “Basic”. To find Litecoin (LTC), you'll need to put the short name of the asset (LTC) into the search-box, which is highlighted in the graphic. Be certain of having selected the correct pairing, we have highlighted this also. Click on “LTC/BTC” to proceed.
Step 4 – Purchasing Litecoin (LTC) Once you've spotted Litecoin (LTC), you'll be given a Price Chart (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 automatically filled with the most recent rate Litecoin (LTC) was traded for. This can be changed to your favoured rate. The “Amount” field is the volumen of LTC you want to buy. The field with the “Total” tag is the total price in BTC that you'll pay for the whole quantity of LTC. If you're happy, make a mouse click on “Buy LTC”. Your plan will be filled as soon as a Vender sells their LTC for the price you offered.
Step 5 – Withdraw Litecoin (LTC) Unless you are frequently trading, you should never keepyour coins on an Crypto Trader for an longer time frame. In order to take off your (LTC) Litecoin, go to the “Funds” tab and click on “Withdraw”. Litecoin (LTC) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Litecoin (LTC) by using the given drop-down box. Drop in the amount of Litecoin (LTC) you'd like to withdraw. Take into account the displayed minimus/fees. Also make sure you have filled your precise withdraw address. If you are satisfied, make a mouse click on “Submit”. You may be asked for verfication via email/phone ahead of a take off.