A Step-by-Step-Guide on how to buy Litecoin Plus (LCP) in Anguilla
Step 1 – Join Coinmama In the beginning you'll need to buy one of the bigger coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below to register and to get your Bitcoin or Ethereum.
Step 2 – Send Your Funds to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Litecoin Plus (LCP) is available on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to) Make sure you've chosen the correct coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etcetera. If you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Locate Litecoin Plus (LCP) As soon as your deposit has been affirmed, you will now have access to your assets and you can commence purchasing and trading. To invest in Litecoin Plus (LCP) on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. To spot Litecoin Plus (LCP), you'll need to insert the shortname of the coin (LCP) into the search box, which is highlighted in the graphic. Make sure you have choosen the correct grouping, we've highlighted this too. Click on “LCP/BTC” to advance.
Step 4 – Buying Litecoin Plus (LCP) As soon as you have spotted Litecoin Plus (LCP), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). Next we are going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date tariff Litecoin Plus (LCP) was sold for. This can be changed to your favoured rate. The ”Amount” field is the amount of LCP you wish to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll settle for the complete amount of LCP. When you are happy, click on “Buy LCP”. Your plan will be filled when a Vendor sells their LCP for the price you offered.
Step 5 – Withdraw Litecoin Plus (LCP) Unless you're frequently trading, never keep your crypto on an Cryptocurrency Exchange for an extensive period of time. To withdraw your Litecoin Plus (LCP), go to the tab called “Funds” and click on “Withdraw”. Litecoin Plus (LCP) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Litecoin Plus (LCP) by using the given drop-down box. Drop in the amount of Litecoin Plus (LCP) you'd wish to take off. Don't forget the presented fees/minimums. Also make sure you have filled your precise withdraw address. If you are satisfied, click on “Submit”. You may be requested for email/phone verification before a take off.
Congrats! You've successfully purchased and stored Litecoin Plus (LCP) in Anguilla.That's it! Withdrawals from Crypto Trader can durate anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you've confirmed your withdrawal using Etherscan.io or Ethplorer.io and the Litecoin Plus (LCP) is stored within your wallet, you're finished.
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