A Step-by-Step-Guide on how to buy LiteCoin Ultra (LTCU)
Step 1 – Join Coinbase – Get Free $10 In the beginning you'll need to purchase one of the major coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below to register and to get your first 10$.
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. LiteCoin Ultra (LTCU) is available on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this manual) Make sure you have chosen the correct coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our how-to).
Step 3 – Find LiteCoin Ultra (LTCU) Once your deposit has been affirmed, you'll immediately have access to your funds and you can commence purchasing and trading. To buy LiteCoin Ultra (LTCU) on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”. In order to locate LiteCoin Ultra (LTCU), you'll need to insert the short name of the asset (LTCU) into the search box, which is highlighted in the picture. Make sure you have choosen the right pairing, we have highlighted this too. Click on “LTCU/BTC” to progress.
Step 4 – Acquisition of LiteCoin Ultra (LTCU) As soon as you've found LiteCoin Ultra (LTCU), you will be given 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 make our Limit Order. The ”Price” field will be filled automatically with the most latest valuation LiteCoin Ultra (LTCU) was traded for. This can be changed to your desired price. The field with the “Amount” tag is the amount of LTCU you want to purchase. The ”Total” field is the aggregated price in BTC that you'll settle for the whole amount of LTCU. When you're happy, click on “Buy LTCU”. Your order will be filled as soon as a Seller trades their LTCU for the price you gave.
Step 5 – Withdraw (LTCU) LiteCoin Ultra Unless you're regularly trading, best advise is not to keep your crypto coins on an Crypto Trader for an extended period of time. To take off your (LTCU) LiteCoin Ultra, go to the ”Funds” tab and mouse click on “Withdraw”. (LTCU) LiteCoin Ultra can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (LTCU) LiteCoin Ultra by using the provided drop-down box. Put into the quantity of (LTCU) LiteCoin Ultra you would wish to take off. Don't forget the presented minimus/fees. Also make sure you have filled your precise withdraw address. When you're happy, make a mouse click on “Submit”. You may be asked for phone/email verification before a withdrawal.