A Step-by-Step-Guide on how to buy Litecoin (LTC) in Paraguay
Step 1 – Signup to Coinbase – Get Free $10 You will first need to purchase one of the top-tier coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below for registration and to get your first $10.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Litecoin (LTC) is obtainable on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this guide) Make sure you've chosen the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, et cetera. In the case you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Find (LTC) Litecoin Once your deposit has been approved, you will instantly have access to your funds and you can begin purchasing and trading. To purchase Litecoin (LTC) on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. To find Litecoin (LTC), you'll need to insert the cointype (LTC) into the search box, which is marked in the picture. Make sure you have choosen the proper grouping, we have highlighted this also. Click on “LTC/BTC” to go on.
Step 4 – Buy Litecoin (LTC) Once you've spotted Litecoin (LTC), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we're creating our Limit Order. The “Price” field will be filled automatically with the latest price Litecoin (LTC) was sold for. You can change this to your desired price. The “Amount” field is the volumen of LTC you want to buy. The field with the “Total” tag is the whole price in BTC that you will pay for the complete quantity of LTC. When you are happy, click on “Buy LTC”. Your order will be filled when a Vendor trades their LTC for the price you introduced.
Step 5 – Withdraw Litecoin (LTC) Unless you are regularly trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an extended period of time. In order to withdraw your Litecoin (LTC), hover over the “Funds” tab and click on “Withdraw”. (LTC) Litecoin can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (LTC) Litecoin by using the provided drop-down box. Enter the quantity of Litecoin (LTC) you'd like to withdraw. Take into account the shown minimus/fees. Also make sure you have filled your right withdraw address. If you are happy, make a mouse click on “Submit”. You could be requested for verfication via email/phone ahead of a withdrawal.