Learn how to buy Litecoin Plus (LCP) on Binance
Binance is among the top-notch trading platforms in the world.
Learning how to buy Litecoin Plus (LCP) is vital in case you need to start out operating on that platform.
This article is intended to guide you about how to trade with Litecoin Plus (LCP) on the Binance Litecoin Plus (LCP) exchange.
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Figure out how to register on Binance
To be capable of buying Litecoin Plus (LCP) on Binance, the initial step you need to know is certainly how to open your account.
Quick and easy subscription: just follow the detailed instructions listed below.
See a Binance main page and press on the "Register" button.
Click here to go straight to the Binance platform.
Locate the "Register with a phone or email" button in the main page and click on it.
iOS smartphones or tablets can be used to do this as well.
For the purpose of this guide, the email address registration process will be described.
- First, pick the country from the drop down list according to your place of residence.
- The next step is choosing a secure password. This is vital since it’s all about your money’s safety, so you have to create a strong one
- Now you must accept "Terms of Service" and, if you would want to receive information, news and updates from Binance in your e-mail address, mark in the corresponding box
You should have received an email sent to the address you’ve just used for registering on the Binance platform. In its text you’ll see an activation code you’ll have to will enter in that page. Then click on "Send"
Finally, your Binance subscription is active.
It would be a nice idea to browse the different options of the Binance platform and become familiar with them.
That’s the best way to realize how friendly the Binance platform is, and how fast you can start trading Litecoin Plus (LCP).
The ID checking is a mandatory step you need to complete to have access to all those options.
Please, take into account that it is only after you have completed this safety step that you’ll obtain permission to start operating with Litecoin Plus (LCP).
No big deal, though. Read the following paragraphs to fulfill that step.
Verify your account to get started trading
Read the next instructions and become a certified end user:
Choose "Security" from the drop-down list under the user profile button
Or just look for the "Verify" button on the top of the navigator window
Press "Identification" on the left list of options.
Choose the Country of Residence.
Now, the 3 levels of verification:
- The one you already have.
- The Verified.
- The Verified Plus.
will be displayed on screen.
Press the "Start now" button below the "Verified" label, since this will be your beginning level.
Then a pop-up window will be shown and there you should write the following data:
- Nationality.
- First Name and Last name.
- Second name and date of birth.
- Exact address of your residence.
At this point, the Binance platform will require you to use a legal document for identity checking.
Use your ID card, passport or even your driver’s license to complete this step.
Now the system will require you to take a selfie under certain conditions.
Now you’ll have to wait for a short time while an account verification process takes place.
Now be patient, Binance will let you know via email as soon as your request has been approved.
Congratulations! Once you’ve received the confirmation you’re officially licensed to operate with Litecoin Plus (LCP). See the guidelines that follow.
Purchasing Litecoin Plus (LCP) on Binance
All right, account validated means you can begin buying Litecoin Plus (LCP) right now.
In this section you’ll see how simple is to buy a Litecoin Plus (LCP).
Next, you’ll need to present a legal document to check your identity.
ID card, passport or even a license will be enough to fulfill this requirement.
Now the system will require you to take a selfie following certain guidelines.
After completing all those requisites, the Binance platform will carry out a verification process on your account.
Now you have to wait until your profile has been accepted. Be patient, Binance is going to let you know via email.
Congratulations! As soon as you’ve got the confirmation you’re officially enabled to trade Litecoin Plus (LCP). See the guidelines that follow.
How to purchase Litecoin Plus (LCP) on Binance
Now that you are registered on the Binance platform and got your account validated, you can begin trading.
Understanding how to invest your money in Litecoin Plus (LCP) is not that hard.
Take into account that you could have different options for this process
The "Buy cryptos" menu on the Binance homepage will be your reference when making a purchase.
Needless to say you must be logged into your account to be able to do this
Move your mouse over this button and a list of buying alternatives will be shown.
At this point, the Binance platform will require you to provide a legal document for identity corroboration.
You can do this by using your passport, ID card, or license.
In the next step, you will have to take a selfie, according to the application’s instructions.
Now you’ll have to wait for a short time while an account verification process takes place.
As soon as your profile has been approved, Binance is going to send you an e-mail, just be patient.
Congratulations! Once you’ve got the confirmation you’re officially enabled to operate with Litecoin Plus (LCP). The following guidelines will be helpful.
Purchasing Litecoin Plus (LCP) on Binance
All right, account confirmed means you can begin buying Litecoin Plus (LCP) immediately.
Understanding how to invest your money in Litecoin Plus (LCP) is actually quite easy.
You will probably find different alternatives throughout the process
To know which alternatives are available to you when making a purchase, see the "Buy cryptos" menu on the Binance homepage.
Needless to say you must be logged into your account to be able to do this
Placing your mouse pointer over this button will show a list of alternatives for making the purchase.
Using your credit or debit card for buying cryptocurrencies
Pick the credit card-related option from the drop-down menu labeled "Buy Cryptos".
Continue reading for detailed guidelines:
Currency preferred and amount of the investment should be indicated here.
The the Litecoin Plus (LCP) you’d like to purchase should be indicated in the second field
Taking into account the amount of USD you have recently stated, the platform will automatically show you the number of Litecoin Plus (LCP) you will receive.
The following instructions will help you in the process:
Now you must select the currency you’d like to use and specify the amount you want to invest.
In the second field you must choose the Litecoin Plus (LCP) you’d like to get
Depending on the amount of USD you have previously specified, the system will automatically show you the quantity of Litecoin Plus (LCP) you are going to be given.
Now select "Continue".
Now it’s time to specify your method of payment. To pay with a credit card, choose in the "Visa/Mastercard" box the button "Add card".
Credit card details must be typed in this step, then click "Next".
In this step you must specify the physical address details for the CC. Following this, select "Add card".
With this step, your card will be added to the payment methods in your account. Click "Continue".
The system will now display the details of the order you are creating. The amount you are paying with the currency you have chosen, and the Litecoin Plus (LCP) you will get.
It will also state the commission will be charged for the transaction.
You have 60 seconds to press "Confirm", otherwise the order will be automatically terminated.
The next step needs to be carried out on the credit card bank webpage. Proceed exactly as you do when making a payment using your card on the bank website.
You can take a look at your Binance digital wallet (referred to as the «Spot Wallet») after the banking procedure is complete to find your recently purchased Litecoin Plus (LCP) already there
Know how to purchase Litecoin Plus (LCP) via Binance P2P
You can buy Litecoin Plus (LCP) not only by means of a direct purchase, but exchanging them «Person To Person»
with another Binance subscriber too. Method of payment is the first setting you will specify.
The next screen will display a summary of the transaction in its final stage. That includes the sum your card will be charged, the chosen currency and the quantity of Litecoin Plus (LCP) you will be given.
Another important detail in this overview is the sum Binance will charge you as a commision for making the transaction.
In less than 1 minute press "Confirm", and then the order will be automatically aborted.
The next step needs to be carried out on the credit card bank platform. Follow the instructions in the same way you would pay with your card.
Your recently purchased Litecoin Plus (LCP) will be available in your Binance digital wallet (referred to as the «Spot Wallet») once the banking procedure has been finished
Know how to buy Litecoin Plus (LCP) with Binance P2P
You could buy Litecoin Plus (LCP) not only by means of a direct purchase, but exchanging them «Person To Person»
with another Binance trader as well. Payment method is the first setting you must add.
- Go to your profile and select "Security".
- Press "Payment" on the left-hand side of the screen.
- Select "Add a Payment Method" and the Binance platform will guide you through the rest of the process.
Once you have configured the new method of payment to your account, move to the "Buy Crypto" menu (top part of the display), pick the "Trading P2P" option, and follow the guidance below:
- Press the "Buy" button located on the upper bar of the "P2P Account" menu
- Here you can select the Litecoin Plus (LCP) you want, among all those available for buying through P2P trading. We use «USDT» in this guide.Buying one of these Litecoin Plus (LCP) in P2P trading will allow the user to exchange it on the Binance platform for any of the foreign currencies available.
- It is time to choose the local currency you want to pay with, for instance, «VES». To do this, place the list under the "Fiat" column.
- In the "Amount" box, enter the amount in VES you would like to buy with.
- After you have indicated the payment method, the Binance system will display a register of dealers’ offers.
- Select a seller from the list shown. We recommend that you pick a verified one with a high percentage of sales completed.
- Click on "Buy USDT"
- In this step, the amount you would like to invest in VES must be entered
- Select "Buy USDT" once again
- That will open an order where you will have contact with the seller. Make the payment within the time limit and click on "Transferred, Next" and then press "Confirm".
How to transfer your Litecoin Plus (LCP) to the Spot Wallet
When you have completed a payment to the seller, they will be able to release the Litecoin Plus (LCP), just by confirming payment reception.
You may see your wallet Binance balance to confirm reception.
NB: you must transfer them to your Spot Wallet in order for you to purchase any other crypto.
You can do this immediately immediately after the purchase order is completed just by clicking "Transfer to Spot Wallet".
If you forget to follow this step right after buying the cryptos, no problem at all: you’ll be able to do it later.
How you can transfer your Litecoin Plus (LCP) to the Spot Wallet
After you have made a payment to the seller, they will release the Litecoin Plus (LCP), by confirming payment reception.
You may check your wallet Binance balance to confirm reception.
Take into account that your Litecoin Plus (LCP) must be in your Spot Wallet in case you want to get others, so you must transfer them there before.
You can do this immediately right after the purchase order has been completed just by clicking "Transfer to Spot Wallet".
Should you forget to follow this step right after the purchase, there’s nothing to worry about: you’ll be able to do it later.
- Hover the mouse on "Wallet" and select "Wallet Funds" from the drop-down menu.
- Now press "Transfer" option at the top right.
- A pop-up window will open, where you should change the options to:
- From: «Funds»
- To: «Fiat and Spot»
- Choose the currency corresponding to the funds you have in the platform, in this example we’ll use «USDT»
- Enter the amount you are transferring for the Exchange and click "Confirm".
With these funds already in your Spot Wallet, nothing keeps you from buying any crypto you consider will yield the highest profit.
To buy Litecoin Plus (LCP) from Binance what you just have to do is described below:
- Locate the "Trading" menu in the top top panel.
- Select "Convert" from the list.
- Fill in the box the sum of «USDT» you want to spend.
- Now indicate the crypto you’re about to buy.
- Choose "Preview conversion".
- Validate the operation and that’s it. Now you will have the funds of the selected cryptocurrency in your Spot Wallet.
Perfect! Now you have money available to buy any of the several Litecoin Plus (LCP) in the Binance platform.
To purchase Litecoin Plus (LCP) from the Binance platform what you just have to do is described below:
- Find the "Trading" menu in the upper panel.
- Click on "Convert" from the list.
- Indicate the amount of «USDT» you would like to invest.
- Now select the crypto you’re interested in.
- Press "Preview conversion".
- Validate the transaction and that’s it. You will have the funds of the chosen cryptocurrency in your Spot Wallet.
You’ve already seen how easy is to start doing business with Litecoin Plus (LCP) on Binance.
So, no time to waste, make a profitable business in this cryptocurrency platform.