How to purchase Litecoin Cash (LCC) on the Binance platform
You can find several trading platforms on the Internet nowadays, but without a doubt Binance is one of the most popular and innovative.
Therefore, the first thing you must to do if you want to begin trading on it is to discover how to buy Litecoin Cash (LCC).
For this reason, in this post we’ll provide you with all what you need to know to purchase Litecoin Cash (LCC) on the Binance crypto exchange.
----
Discover ways to register on Binance
To be able to buy Litecoin Cash (LCC) on Binance, one thing you must know indeed is how to subscribe.
Quick and easy subscription: just follow the guidelines below.
Search for the "Register" option in the Binance main page and click on it to start the registration process.
Click here to go straight to the Binance platform.
At this moment press the "Register with a phone or email" button.
The Binance platform is totally compatible with iOS devices as well.
Here we’ll will show you the registration process using an e-mail address.
- In the window that will be displayed, pick your country of residence from the drop-down list.
- The next step is defining a secure password. This is vital since it’s all about your money, so you have to define a robust one
- Choose if you wish to receive information and news directly from Binance in your inbox. Accept the "Terms of Service" and click on "Create Account"
By now, you should have received an email sent to the address you’ve just used for subscribing on the Binance platform. In its text you’ll find an activation code you will enter in that page. Then click on "Send"
Finally, your Binance account has been activated.
It would be a good idea to visit the different options of the Binance platform and get acquainted to them.
That’s the best way to understand how friendly the Binance platform is, and how fast you can start operating with Litecoin Cash (LCC).
To gain access to those options, the first thing you have to do is fulfill the ID verification.
Important: No Litecoin Cash (LCC) operation will be allowed if you ignore this security measure.
No big deal, though. Continue reading through the following instructions to complete that step.
Verify your account to start out trading
To be a certified customer you have to follow the next steps:
Choose "Security" from the drop-down list under the user profile button
You may also press "Verify" button on the upper part of the screen
Look for the option "Identification" on the left side of the screen.
Choose your Country of Residence.
You’ll will see 3 levels of verification:
- The one you already have.
- The Verified.
- The Verified Plus.
To begin, you should select "Verified", pressing the "Start now" option under that label.
A new window will be displayed, and there you will be required to enter your personal data: Nationality, first name and surname, middle name and birth date. Besides, make sure you type the exact address of your residence
At this point, the Binance platform will require you to provide a legal document for identity corroboration.
ID card, passport or even a license will be enough to fulfill this requirement.
Follow the system requirements to take a selfie.
Now you will have to wait for a short time while an account confirmation process takes place.
When your request has been approved, you will be notified via e-mail, just be patient.
After that, it’s time to acquire Litecoin Cash (LCC), to do so follow the instructions below.
Purchasing Litecoin Cash (LCC) on Binance
Starting your Litecoin Cash (LCC) trading experience has never been so easy, right?.
The first thing is to figure out how to invest your money in Litecoin Cash (LCC).
Here, the Binance platform will require you to present a legal document for identity corroboration.
You can do this by using your ID card, passport, or driver’s license.
Follow the system requirements to take a selfie.
Once those steps have been completed, the Binance platform will do a confirmation process on your account.
When your application has been approved, you’ll be notified via e-mail, just be patient.
Upon receiving that email it’s time to buy Litecoin Cash (LCC), to do so follow the instructions below.
Purchasing Litecoin Cash (LCC) on Binance
Since you are subscribed to the Binance platform and got your account verified, you can start trading.
In this section you’ll realize how easy is to convert cash into Litecoin Cash (LCC).
Some steps would probably have optional paths
To find out which options you have when making a purchase, browse through the "Buy cryptos" menu on the Binance homepage.
Obviously, you’ll only be able to do this once you are logged in
Move your mouse over this button and a list of buying alternatives will be displayed.
Now you’ll need to use a legal document to check your identity.
You can do this with your ID card, passport, or driver’s license.
Follow the system guidelines to take a selfie.
When you have fulfilled the platform’s requisites, you will have to wait a short time while your account is verified.
Now wait patiently, Binance will send you an email when your profile has been accepted.
Upon receiving that e-mail it’s time to purchase Litecoin Cash (LCC), to do so see the guidelines below.
Buying Litecoin Cash (LCC) on Binance
Beginning your Litecoin Cash (LCC) trading adventure has never been so simple, right?.
In this segment you’ll discover how easy is to buy a Litecoin Cash (LCC).
Some processes would probably have optional paths
To find out which options you have when buying, look for the "Buy cryptos" menu on the Binance main page.
Needless to say you must login to your account to do this
Move your mouse on this key and a list of buying alternatives will be shown.
Buying Litecoin Cash (LCC) with a credit/debit card
Go to the "Buy Cryptos" and select the credit card-related option from the menu.
Read on for detailed guidelines:
Now you should choose the currency you wish to buy with and indicate the amount you want to invest.
In the next field you should choose the Litecoin Cash (LCC) you would like to purchase
The quantity of Litecoin Cash (LCC) you are going to receive will depend upon the amount of USD you’ve previously stated. The Binance platform will immediately display it.
After that, just observe the following instructions:
Now you must choose the currency you want to use and indicate the amount you are going to invest.
Next, pick the Litecoin Cash (LCC) you’re going to buy
According the amount of USD you have just indicated, the system will immediately display the number of Litecoin Cash (LCC) you’ll receive.
Now select "Continue".
To include your credit card as a payment method, go to the "Visa/Mastercard" box and press the "Add card" button.
Credit card numbers must be indicated in this step, then press "Next".
In this step you must enter the physical address details of the CC. Then select "Add card".
Click "Continue" once you notice your card has been successfully included in your user profile as a new method of payment.
Next, all the important details of the transaction will be presented: the sum you will pay and the corresponding currency, and of course, the cryptos you will get.
Another detail of relevance in this quick view is the amount you’ll be charged as a commision for making the purchase.
Now you must certify the order clicking on the "Confirm" button within the next minute, or it will be automatically shut down.
The Binance platform will now redirect you to the bank issuing the credit card. Follow the instructions in the same way you would normally pay with your card.
Your recently purchased Litecoin Cash (LCC) will be deposited to your Binance e-wallet (referred to as the «Spot Wallet») when the banking procedure has been done
Know how to purchase Litecoin Cash (LCC) with Binance P2P
An alternative way to purchase a cryptocurrency is to exchange it
with another subscriber. You should define the payment method you wish to use first.
Next, you’ll be presented a snapshot of the transaction in its final stage. It includes the amount you are paying, the chosen currency and the amount of Litecoin Cash (LCC) bought.
Another detail of relevance in this quick view is the amount Binance will charge you as a commision for making the purchase.
Now you have to accept the order pressing the "Confirm" button within the following 60 seconds, or it will be automatically shut down.
The next step has to be carried out on the credit card banking webpage. Proceed exactly as you usually do when making a payment using your credit card on the bank website.
You may take a look at your Binance digital wallet (called the «Spot Wallet») as soon as the banking process has been finished and you’ll find your recently bought Litecoin Cash (LCC) already credited
Purchase Litecoin Cash (LCC) via Binance P2P
You may buy Litecoin Cash (LCC) not only by means of a direct purchase, but exchanging them «Person To Person»
with another Binance user too. Method of payment is the first setting you will state.
- Login to the "Security" panel of your account.
- Locate the "Payment" option in the menu you’ll see from the menu on the left and choose it.
- Press the "Add a Payment Method" button and follow the platform directions.
After the new method of payment has been added to your account, locate the "Buy Crypto" menu in the top part of the display, click the "Trading P2P" option and follow the directions described below:
- On the upper bar of the "P2P Account" menu, choose "Buy"
- All the Litecoin Cash (LCC) available for purchase via P2P trading will be displayed in this menu, so you will be able to choose the one you want. As for this example, we will present «USDT».Purchasing any crypto through P2P trading allows the subscriber to exchange it on the Binance platform for any of the currencies available.
- Look for the "Fiat" column on the top menu and reveal the drop-down menu to see all available currencies. Let’s use «VES» in this example.
- Use the "Amount" box to type the sum in VES you’re going to spend to purchase Litecoin Cash (LCC).
- After you’ve chosen the method of payment, the platform will show you a register of dealers’ offers.
- Locate a trader from the displayed list. We suggest that you pick a verified one with a high completed sales rate.
- Now select "Buy USDT"
- Now the amount you would like to pay in VES must be typed
- Again, select "Buy USDT"
- That will open a buying order where you will be in touch with the seller. Make the payment within the time limit and press "Transferred, Next", then press "Confirm".
Learn how to transfer your Litecoin Cash (LCC) to the Spot Wallet
The trader, upon confirming money reception, will immediately release the Litecoin Cash (LCC).
So, they will immediately be added to your account balance.
Nonetheless, you need to move them to your Spot Wallet in case you want to buy any other cryptocurrency.
That’s quite simple: just click on "Transfer to Spot Wallet" once the purchase order is completed.
This Litecoin Cash (LCC) internal transfer can be carried out whenever you need.
The right way to transfer your Litecoin Cash (LCC) to the Spot Wallet
Cryptos will be released by the trader as soon as money reception acknowledge has been done.
The default place where Litecoin Cash (LCC) are transferred to is your account wallet.
However, in case you want to buy any other Litecoin Cash (LCC), you will need to send them to your Spot Wallet.
To achieve this, all you have to do is click on "Transfer to Spot Wallet" once the buying order is completed.
If you didn’t do this, don’t be concerned, you can move the cryptos at any other moment.
- Press "Wallet Funds" from the "Wallet" drop-down menu.
- Next press "Transfer" button on the upper right area of the navigator window.
- A pop-up window will open, where you must set the options to:
- From: Funds
- To: Fiat and Spot
- Select the currency corresponding to the funds you have in the platform, in this example we’ll use «USDT»
- Enter the cryptos you are about to send to the spot walet and click "Confirm".
That’s all! Now you will have funds in the Spot Wallet and you will be able to purchase any of the huge selection of Litecoin Cash (LCC) within the Binance platform.
Purchase any cryptocurrency from the Binance platform just following the steps detailed below:
- Locate the "Trading" option in the top upper section.
- Choose "Convert" from the list.
- Fill in the box the amount of «USDT» you would like to spend.
- Now mark the cryptocurrency you’re about to buy.
- Press "Preview conversion".
- Confirm the operation and that’s it. Now you will have the funds of the chosen crypto in your Spot Wallet.
That’s all! Now you will have money in the Spot Wallet so you will be able to purchase any of the huge selection of Litecoin Cash (LCC) that the Binance platform has.
Buy any crypto from the Binance platform just following the instructions detailed next:
- In the top section, loate the "Trading" option.
- In the listing select the "Convert" option.
- Fill in the box the sum of «USDT» you would like to invest.
- Now select the crypto you’re about to purchase.
- Choose "Preview conversion".
- Validate the operation and that’s it. Now you will have the funds of the chosen crypto in your Spot Wallet.
Depending on the above mentioned information, you are now ready to start trading on Binance.
So, no need to think twice, make a profitable business within this crypto platform.