How to Use Litecoin to COTI exchanger: Crucial Tips
The popularity of cryptocurrencies worldwide is constantly growing. More and more people are looking to invest their Litecoin to get income. Accordingly, it becomes necessary to exchange cryptocurrency most simply and reliably.
At the moment, there are many options, but each of them has its nuances and differences: difficulty in mastering, exchange rate, security, and rate. Listing the main methods, we can highlight: exchange using online services (exchangers); buying cryptocurrency on specialized litecoin to coti exchanger; purchase within payment systems; physical offline crypto maps; exchange in person. When you opt for the unique exchanger, you can get numerous benefits — and most importantly — anonymity.
Exchange Litecoin to COTI
To exchange Litecoin to COTI, you need to follow several steps:
- Fill in all the fields of the submitted form. Click the Exchange button.
- Read the terms of the agreement for the provision of exchange services. By clicking the Exchange button, you accept the rules of the exchange office.
- Pay for the application. To do this, you should transfer the required amount, following the instructions on the website.
- After completing the specified actions, the system will move you to the Application Status page, where the status of your transfer will be indicated.
- In the end, you will have just to pay your Litecoin to get COTI.
How long can it take to confirm the transaction, and what does it depend on?
On average, transaction confirmation takes from 15 minutes to 2 hours. The confirmation time can depend on these factors:
- The work of the cryptosystem. The more unofficial transactions, the longer you will have to wait.
- Network commission. The first to be authorized in the crypto network are proceedings with a large-scale reward for traders. In some cases, if the commission is little, the confirmation procedure might take several days.
- Leaps in the cryptocurrency rates — also change the verification time since the load on the network can rise.
Therefore, with a great load of the crypto network, confirmation can be expected for up to 2 days (which does not happen often). But the main thing is that there will be confirmation all the same!
To sum up, it is essential to say that if fast transactions of your Litecoins are necessary to you and the reliability of the platform, you should choose trusted places. Each client can read reviews about exchangers and inquire about their history — this will help select the most suitable option.