A Step-by-Step-Guide on how to buy Litecoin (LTC) in Sao Tome And Principe
Step 1 – Signup to Coinbase – Get Free $10 You will first need to buy units of the top-tier currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click below for registration and getting your welcome 10$.
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an 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 example. Unsure on how to send Coinbase funds to an Exchange? (Follow these easy steps) Make sure you have selected the right coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you're using a decentralized exchange, like Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Find Litecoin (LTC) Once your deposit has been verified, you'll instantly have access to your funds and you can commence purchasing and trading. To invest in (LTC) Litecoin on Binance, you'll want to go to the “Exchange” tab and click on “Basic”. In order to find Litecoin (LTC), you will need to insert the short name of the asset (LTC) into the search box, which is highlighted in the image. Be certain of having choosen the proper pairing, we have highlighted this also. Click on “LTC/BTC” to progress.
Step 4 – Purchasing Litecoin (LTC) Once you have spotted (LTC) Litecoin, you'll be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). For now we're going to create our Limit Order. The field with the “Price” tag will be automatically filled with the latest price (LTC) Litecoin was traded for. This can be changed to your preferred price. The “Amount” field is the quantity of LTC you wish to purchase. The field with the “Total” tag is the total price in BTC that you will settle for the complete amount of LTC. If you are satisfied, click on “Buy LTC”. Your plan will be filled when a Vendor sells their LTC for the price you submitted.
Step 5 – Withdraw Litecoin (LTC) Unless you are regularly trading, best advise is not to keep your crypto on an Crypto Exchange for an extended time frame. To take off your Litecoin (LTC), go to the tab called “Funds” and click on “Withdraw”. (LTC) Litecoin can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (LTC) Litecoin by using the provided drop-down box. Drop in the amount of Litecoin (LTC) you would wish to withdraw. Take into account the displayed fees/minimums. Also make sure you have entered your right withdraw address. If you are glad, click on “Submit”. You could be requested for verfication via email/phone before a take off.