A Step-by-Step-Guide on how to buy Litecoin (LTC) in Saint Vincent And The Grenadines
Step 1 – Join Coinbase and get 10$ for free You will first need to purchase one of the bigger coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Follow the Link below to register and getting your welcome $10.
Step 2 – Send Your Bitcoin or Ethereum to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Litecoin (LTC) is available 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 guide) Make sure you have selected the precise coin you want to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etcetera. If you are using a decentralized exchange, such as Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Find Litecoin (LTC) As soon as your deposit has been verified, you'll instantly have access to your funds and you can launch invest and trading. To invest in Litecoin (LTC) on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”. To spot (LTC) Litecoin, you'll need to put the cointype (LTC) into the search-box, which is marked in the graphic. Make sure you have choosen the correct grouping, we've highlighted this too. Click on “LTC/BTC” to continue.
Step 4 – Buying (LTC) Litecoin After you have discovered Litecoin (LTC), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). For now we are going to create our own Limit Order. The “Price” field will be filled automatically with the latest price (LTC) Litecoin was sold for. This can be changed to your desired price. The field with the “Amount” tag is the volumen of LTC you like to buy. The field with the “Total” tag is the total price in Bitcoin that you will pay for the complete amount of LTC. If you are glad, click on “Buy LTC”. Your plan will be filled as soon as a Vender trades their LTC for the price you offered.
Step 5 – Withdraw Litecoin (LTC) Unless you are frequently trading, you should never keepyour crypto coins on an Crypto Exchange for an longer period of time. To withdraw your (LTC) Litecoin, hover over the tab called “Funds” and mouse click on “Withdraw”. Litecoin (LTC) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Litecoin (LTC) by using the given drop-down box. Enter the volumen of Litecoin (LTC) you would wish to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your correct withdraw address. If you are glad, click on “Submit”. You could be requested for phone/email verification ahead of a withdrawal.