A Step-by-Step-Guide on how to buy Litecoin Cash (LCC)
Step 1 – Signup to CEX.io You will first need to buy units of the bigger currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for alternative Coins. Click below for registration and to get your Bitcoin or Ethereum.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Litecoin Cash (LCC) is available on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow these easy steps) Make sure you have chosen the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Locate Litecoin Cash (LCC) Once your deposit has been confirmed, you will directly have access to your finances and you can initiate invest and trading. To invest in Litecoin Cash (LCC) on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. To discover Litecoin Cash (LCC), you will need to insert the short name of the asset (LCC) into the search box, which is marked in the picture. Make sure you have selected the correct grouping, we've marked this too. Click on “LCC/BTC” to go ahead.
Step 4 – Acquisition of Litecoin Cash (LCC) Once you've found Litecoin Cash (LCC), you will be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). Next we are making our own Limit Order. The ”Price” field will be automatically filled with the up-to-date price Litecoin Cash (LCC) was traded for. This can be changed to your favoured rate. The ”Amount” field is the volumen 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, click on “Buy LCC”. Your plan will be filled as soon as a Vender trades their LCC for the price you offered.
Step 5 – Withdraw Litecoin Cash (LCC) Unless you are trading, you should never keepyour crypto on an Exchange for an longer time frame. To withdraw your Litecoin Cash (LCC), go to the tab called “Funds” and click on “Withdraw”. Litecoin Cash (LCC) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Litecoin Cash (LCC) by using the provided drop-down box. Enter the volumen of Litecoin Cash (LCC) you'd wish to withdraw. Take into account the presented minimus/fees. Also make sure you have entered your correct withdraw address. If you are happy, click on “Submit”. You may be requested for verfication via phone/email before a take off.