How to send Litecoin (LTC) on Binance ?

How to send Litecoin (LTC) on Binance ?

You want to use Binance to send to Litecoin, but you don’t know how to do it ? No problem, we explain the procedure step by step.

Your registration on Binance

Before you can send litecoins with Binance, it is necessary for you to register on this platform. However, there is nothing difficult, as you just need to follow different steps. The first of them consists in simply to choose the language in which you want to use Binance. You must then enter your email address and set a password. Gold you should choose a complex password, which will allow you to enjoy greater security vis-à-vis piracy. Finally, you can take advantage of a second safety. It is obtained by using the Google Authenticator app. It is totally optional. However, we can only advise you to activate it. One is never careful enough when it refers to all the crypto-currencies !

 

The verification of your identity

However, you can’t even take full advantage of your account on Binance : you must prove your identity. For this, you need to complete several steps. You will first need to indicate if you reside or not in China, before needing to fill in several personal information, including your first name, last name, your gender and the country in which you live. Once this is done, you will need to indicate the number of your identification before you to provide a photocopy double-sided. Finally, you need to take your photo while you hold in hand your proof of identity and a paper on which the date is recorded.

Buy Litecoin with Binance

You need to have litecoins on your account Binance to send. For you to obtain it, you must transfer them from an online portfolio, a pool, a mine, or another platform. In addition, you can trade other crypto-currencies for Litecoin.

Send Litecoin with Binance

Once your profile Binance is powered by Litecoin, you can do a send to a different account. To do this, you must first select “Litecoin” in the list of crypto-currencies available to be sent. You will then need to add the address of the recipient. However, please note that a transfer into Litecoin is irreversible, that is to say, if the recipient’s address is erroneous, your litecoins will be simply lost. Therefore, we advise you to add the address by doing a copy-and-paste. As soon as you have checked everything, it remains for you to specify the number of litecoins you want to send before you commit.

What you must remember

  • If you want to send litecoins using Binance, you must first register on the platform.
  • Once your identity is confirmed, you must deposit or purchase litecoins on your account Binance.
  • Finally, to send the litecoins, you need to select “Litecoin” in the list of crypto-currencies available to be sent, specify the address of the recipient in preference to the copy-and-paste and choose the number of litecoins you want to send. You do not have to validate.