A Step-by-Step-Guide on how to buy LitecoinZ (LTZ)
Step 1 – Join Kraken You will first need to buy units of the major currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click below to register and receive Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. LitecoinZ (LTZ) is available on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this guide) Make sure you have selected the exact coin you want to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Find LitecoinZ (LTZ) As soon as your deposit has been approved, you'll directly have access to your assets and you can launch buying and trading. To buy LitecoinZ (LTZ) on Binance, you will want to go to the ”Exchange” tab and after that mouse click on “Basic”. To find LitecoinZ (LTZ), you'll need to put the cointype (LTZ) into the search-box, which is marked in the image. Make sure you have choosen the right grouping, we've highlighted this too. Click on “LTZ/BTC” to go ahead.
Step 4 – Acquisition of LitecoinZ (LTZ) As soon as you have found LitecoinZ (LTZ), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the image). And now we're creating our own Limit Order. The field with the “Price” tag will be filled with the most up-to-date valuation LitecoinZ (LTZ) was traded for. You can change this to your preferred price. The ”Amount” field is the amount of LTZ you like to purchase. The field with the “Total” tag is the whole price in BTC that you'll settle for the complete volumen of LTZ. When you're glad, click on “Buy LTZ”. Your order will be filled when a Vender sells their LTZ for the price you introduced.
Step 5 – Withdraw LitecoinZ (LTZ) Unless you're regularly trading, you should never keepyour coins on an Cryptocurrency Exchange for an extended time period. To withdraw your LitecoinZ (LTZ), hover over the ”Funds” tab and click on “Withdraw”. LitecoinZ (LTZ) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find LitecoinZ (LTZ) by using the given drop-down box. Put into the quantity of LitecoinZ (LTZ) you'd like to take off. Don't forget the presented fees/minimums. Also make sure you have filled your right withdraw address. If you are satisfied, click “Submit”. You could be requested for verfication via email/phone ahead of a take off.