A Step-by-Step-Guide on how to buy Litecoin Token (LTK)
Step 1 – Join Coinbase and recieve 10$ for free You'll first need to buy one of the top-tier currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below to register and getting your welcome 10 Dollar.
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Litecoin Token (LTK) is accessible on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this manual) Make sure you've chosen the right coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our how-to).
Step 3 – Find Litecoin Token (LTK) Once your deposit has been affirmed, you'll directly have access to your finances and you can initiate buying and trading. To invest in Litecoin Token (LTK) on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”. To locate Litecoin Token (LTK), you'll need to insert the short name of the asset (LTK) into the search box, which is marked in the graphic. Make sure you have choosen the right grouping, we've marked this also. Click on “LTK/BTC” to progress.
Step 4 – Purchasing (LTK) Litecoin Token As soon as you have found (LTK) Litecoin Token, you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). Next we're going to make our Limit Order. The field with the “Price” tag will be filled with the latest price (LTK) Litecoin Token was sold for. You can change this to your favoured price. The ”Amount” field is the quantity of LTK you like to buy. The ”Total” field is the total price in BTC that you will pay for the whole quantity of LTK. When you are satisfied, click on “Buy LTK”. Your order will be filled when a Vender sells their LTK for the price you submitted.
Step 5 – Withdraw Litecoin Token (LTK) Unless you're frequently trading, best advise is not to keep coins on an Cryptocurrency Exchange for an extensive period of time. In order to take off your Litecoin Token (LTK), hover over the tab called “Funds” and mouse click on “Withdraw”. Litecoin Token (LTK) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Litecoin Token (LTK) by using the given drop-down box. Enter the volumen of Litecoin Token (LTK) you'd like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your right withdraw address. When you're satisfied, click on “Submit”. You may be requested for phone/email verification before a withdrawal.