How to Swap Litecoin LTC to Algorand ALGO on Nairafinex
You have Litecoin (LTC) which you wish to swap or change to Algorand ALGO or cross-chain swap but you do not know how to go about doing that, here is a
tutorial on How to Swap Litecoin LTC on Nairafinex.
Register on Nairafinex.com or login if already registered. As a logged in user, navigate to the homepage
Scroll among all the coins listed until you find Litecoin with the symbol LTC
Click on it to expand it, and you will find other options such as BUY, SELL, SWAP and Calculator.
Click on SWAP LTC. This takes you to a page where you need to fill out a small form as follows
Select the appropriate network your LTC currently exist on such as Litecoin (LTC) , BNBSmartChainBEP20 (BEP20) , BNBBeaconChainBEP2 (BEP2) or as the case may be.
Enter the exact volume of Litecoin you wish to swap (excluding any fees your wallet may charge you).
A list of coins/tokens you can swap your Litecoin to is shown. You need to click on Algorand ALGO.
You now need to select the network for the Algorand you will receive and enter the wallet address and tag/memo where needed
Read the estimated amount shown to you and then Click on the ACCEPT button.
You are shown a page with detailed instructions on how to send the required amount of Litecoin to a given wallet address. Please ensure you are sending using the correct network wallet address. In some cases, some wallets may require optional memo or tag, please also enter that when given.
Go to your wallet, send the required value to the given wallet address and screenshot the receipt given to you
Return to your order on Nairafinex and scroll down to upload receipt. If you cannot find your order or have left the page, simply click on the profile icon, Dashboard and locate all your pending orders.
Once the Litecoin you sent gets the required number of network confirmations, you will receive your Algorand in the submitted wallet. Note that in curcumstances where there is delay in receiving your Litecoin with the required confirmation, the prevalent rate will be used when processing your swap.
If you have any issues after making payment or need help figuring out the network to select, chat CryptoBoss on Whatsapp. To make your question easier, send a screenshot of the wallet you are using, showing the funds you wish to withdraw and the funds you wish to receive, and help will come your way in less than 30min.
If you make a mistake while sending your Litecoin, and send a different volume, chat CryptoBoss immediately to rectify the issue for you.