A Step-by-Step-Guide on how to buy Litecoin Cash (LCC)
Step 1 – Join Kraken You will first need to purchase units of the top-tier currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below to register and getting Ethereum or Bitcoin.
Step 2 – Send Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Litecoin Cash (LCC) is accessible on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow these easy steps) Make sure you have selected the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).
Step 3 – Locate Litecoin Cash (LCC) As soon as your deposit has been confirmed, you'll now have access to your finances and you can begin purchasing and trading. To purchase Litecoin Cash (LCC) on Binance, you'll want to go to the ”Exchange” tab and mouse click on “Basic”. To discover Litecoin Cash (LCC), you'll need to insert the short name of the asset (LCC) into the search box, which is marked in the image. Make sure you have selected the right grouping, we've marked this also. Click on “LCC/BTC” to proceed.
Step 4 – Purchasing Litecoin Cash (LCC) Once you have discovered Litecoin Cash (LCC), you will be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). Next we're going to create our own Limit Order. The ”Price” field will be filled automatically with the most recent price Litecoin Cash (LCC) was traded for. You can change this to your desired price. The ”Amount” field is the amount of LCC you wish to purchase. The ”Total” field is the whole price in Bitcoin that you will pay for the whole amount of LCC. When you're satisfied, make a mouse click on “Buy LCC”. Your order will be filled as soon as a Seller sells their LCC for the price you introduced.
Step 5 – Withdraw Litecoin Cash (LCC) Unless you're frequently trading, best advise is not to keep your crypto coins on an Crypto Trader for an extensive time frame. To take off your Litecoin Cash (LCC), go to the tab called “Funds” and mouse click on “Withdraw”. Litecoin Cash (LCC) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Litecoin Cash (LCC) by using the provided drop-down box. Drop in the amount of Litecoin Cash (LCC) you'd like to take off. Don't forget the displayed minimus/fees. Also make sure you have entered your precise withdraw address. When you're happy, click on “Submit”. You may be asked for email/phone verification before a withdrawal.