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 – Transfer Your Bitcoin or Ethereum to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Litecoin Cash (LCC) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Just follow this guide) Make sure you have selected the precise coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. In the case you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow these easy steps).
Step 3 – Locate Litecoin Cash (LCC) As soon as your deposit has been verified, you will instantly have access to your funds and you can initiate buying and trading. To purchase Litecoin Cash (LCC) on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”. In order to discover Litecoin Cash (LCC), you'll need to put 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 too. Click on “LCC/BTC” to go ahead.
Step 4 – Acquisition of Litecoin Cash (LCC) After you've located Litecoin Cash (LCC), you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). For now we are creating our own Limit Order. The field with the “Price” tag will be filled with the most latest valuation Litecoin Cash (LCC) was sold for. You can change this to your desired rate. The field with the “Amount” tag is the quantity of LCC you wish to buy. The ”Total” field is the aggregated price in BTC that you'll pay for the complete volumen of LCC. If you are happy, make a mouse click on “Buy LCC”. Your order will be filled as soon as a Vender sells their LCC for the price you submitted.
Step 5 – Withdraw Litecoin Cash (LCC) Unless you're regularly trading, best advise is not to keep crypto on an Crypto Exchange for an extensive time period. In order to take off your Litecoin Cash (LCC), go to the tab called “Funds” and mouse click on “Withdraw”. Litecoin Cash (LCC) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Litecoin Cash (LCC) by using the provided drop-down box. Enter the volumen of Litecoin Cash (LCC) you would like to withdraw. Take into account the displayed minimus/fees. Also make sure you have filled your right withdraw address. If you are happy, click “Submit”. You may be requested for phone/email verification before a take off.