How to get Litecoin (LTC) on Binance ?

How to get Litecoin (LTC) on Binance ?

You want to use the platform Binance to receive Litecoin, but you don’t know how to do it ? No problem, since we will help you by guiding you step-by-step.

Your registration on Binance

Of course, before you can receive Litecoin on Binance, you must first create your account on this platform. However, this should not pose you any problem since it is really very simple. To get started, choose the language in which you want the interface to be displayed. You will then need to enter your email address while creating your password. However, to ensure greater security vis-à-vis piracy, we recommend that you choose a complex password. You can also enjoy a second level of protection using Google Authenticator app. This last one is totally optional, but it is very strongly recommended to use it. Our valuable crypto-currencies are never too secure.

The verification of your identity

However, before you can take advantage of Binance optimally, your identity must first be verified. But, again, this is really not difficult. You simply follow the steps that are provided to you. You must first specify if you are a resident or not in China. Once this is done, you will have to provide several pieces of personal information including your first name, last name, your country of residence and your sex. You will then need to indicate the number of your id before you send a photocopy of the front and back. Finally, you need to take your photo while you hold the hand of your identity and a piece of paper on which you have previously indicated the date of the day.

Create a portfolio on Binance and receive Litecoin

Before receiving a Litecoin, you will need to create a portfolio on Binance. This will allow you to receive and store your Litecoin. To activate it, you can simply go to your profile and add a portfolio by clicking on ” Generate New Address “. Once this is done, you will have to absolutely pass this address to the person who should send you the Litecoin. It is essential to finalize the shipment.

However, you’ll have to manipulate the address with the greatest caution. A shipment of litecoins is in effect irreversible and if the destination address is incorrect in your Litecoin will be permanently lost. Therefore, we advise you, as well as to the person who sends you the Litecoin, do not use this address with the copy and paste. Once the transaction is accepted and validated, the Litecoin is sent directly on your account Binance.

What you must remember

  • If you want to use Binance to receive Litecoin, you must first register on this platform
  • You will also need to provide proof of identity in order to be verified. You can take advantage of all the features of the platform.
  • You must generate a new address and forward it to the sender of the Litecoin that will be absolutely necessary to complete the shipment.