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Any advice

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I want to start invest in Litecoin. M just little confused on the procedure.

 

#1 I buy bitcoins using Luno

#2 exchange my bitcoins in gatehub.net

And then what happens next

 

I just let it sit there.. m confused

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You can buy litecoin straight off of Ice3x.com. They're South African and their platform is quite nice.

 

You can still shift it using gatehub but you'll have to store it in a wallet and then shift it back to Bitcoin and send it to luno or another exchange if you want to sell it in the future

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You can buy litecoin straight off of Ice3x.com. They're South African and their platform is quite nice.

 

You can still shift it using gatehub but you'll have to store it in a wallet and then shift it back to Bitcoin and send it to luno or another exchange if you want to sell it in the future

 

Okay lets say i buy it using gatehub i wana invest in it and let it grow

 

Sent from my SM-J500F using Platinum Wealth mobile app

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What I would do is:

 

1. Open a luno account 

2. Transfer ZAR to Luno to buy BTC (Tutorial: How to buy Bitcoin with Luno https://platinumwealth.co.za/forum/Thread-Best-place-to-buy-BTC)

3. Download a Litecoin Wallet, I would recommend Jaxx (https://jaxx.io/)

4. Use Changelly to exchange Bitcoin for Litecoin. (My affiliate link - https://changelly.com/?ref_id=46cf2b7615c2 this does not affect your fees, it just gives me 0.25% and Changelly gets 0.25% instead of 0.50%)

 

Steps:

Enter the amount of bitcoin you want to enter and then select Litecoin.

2017-10-20_12-14-46.thumb.jpg.507e0a532a77b941bdd15c5d9943ce41.jpg

 

Click next.

2017-10-20_12-15-08.jpg.4693e26daf28d8a084822e9b6363201b.jpg

 

Complete the rest of the steps, fill in your litecoin address.

2017-10-20_12-15-38.jpg.9647b7b9521388bf94b474e0218df82a.jpg

 

Then you will be presented with a QR code and a Bitcoin address, from luno send the amount fo bitcoin you specified to that address Changelly gave you.

 

Wait a few minutes and you will see the Litecoin in your Jaxx wallet.

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