How to Buy Litecoin (LTC) in Bolivia

A Step-by-Step-Guide on how to buy Litecoin (LTC) in Bolivia

Step 1 – Join Coinbase and get 10$ for free

You'll first need to purchase one of the bigger currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click the button below to register and getting your first 10 Dollar.

Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Litecoin (LTC) is available on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this how-to)

Make sure you've selected the precise coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our guide).

Step 3 – Find Litecoin (LTC)

Once your deposit has been affirmed, you will directly have access to your assets and you can begin purchasing and trading. To invest in Litecoin (LTC) on Binance, you'll want to go to the “Exchange” tab and mouse click on “Basic”.

In order to discover Litecoin (LTC), you will need to insert the cointype (LTC) into the search box, which is highlighted in the picture. Make sure you have choosen the proper pairing, we've marked this too. Click on “LTC/BTC” to go ahead.

Step 4 – Purchase Litecoin (LTC)

After you've discovered Litecoin (LTC), you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the picture). And now we're making our Limit Order.

The “Price” field will be filled with the most recent rate Litecoin (LTC) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the volumen of LTC you want to purchase. The “Total” field is the total price in Bitcoin that you'll settle for the complete volumen of LTC.

When you're satisfied, make a mouse click on “Buy LTC”. Your order will be filled when a Seller sells their LTC for the price you introduced.

Step 5 – Withdraw (LTC) Litecoin

Unless you're trading, never keep your crypto on an Exchange for an extended time frame. In order to withdraw your (LTC) Litecoin, hover over the tab called “Funds” and mouse click on “Withdraw”. (LTC) Litecoin can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find (LTC) Litecoin by using the given drop-down box. Drop in the amount of (LTC) Litecoin you'd like to take off. Take into account the displayed minimus/fees. Also make sure you have filled your precise withdraw address.

If you are happy, make a mouse click on “Submit”. You could be asked for email/phone verification before a take off.

Congrats! You have successfully purchased and stored (LTC) Litecoin in Bolivia.

That's it!

Withdrawals from Exchange can take anywhere from 1 – 30 minutes (depending on network usage). As soon as you've confirmed your take off using Etherscan.io or Ethplorer.io and the (LTC) Litecoin is safe in your wallet, you are all done.