How to Buy Litecoin (LTC) in Bolivia

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

Step 1 – Join Kraken

You'll first need to buy one of the major coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for Altcoins. Click the button below for registration and to get your first Ethereum (ETH) or Bitcoin (BTC).

Step 2 – Send Your Ethereum or Bitcoin to an Cryptocurrency Exchange

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Litecoin (LTC) is available on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this guide)

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

BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so on. If you are working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our manual).

Step 3 – Find Litecoin (LTC)

Once your deposit has been verified, you'll now have access to your finances and you can start buying and trading. To buy Litecoin (LTC) on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”.

In order to spot (LTC) Litecoin, you'll need to put the cointype (LTC) into the search-box, which is marked in the picture. Be certain of having selected the correct grouping, we have highlighted this also. Click on “LTC/BTC” to proceed.

Step 4 – Buying Litecoin (LTC)

As soon as you have located Litecoin (LTC), you'll be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). Next we are going to make our own Limit Order.

The “Price” field will be filled with the most recent price Litecoin (LTC) was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the volumen of LTC you like to purchase. The “Total” field is the total price in Bitcoin that you will settle for the complete quantity of LTC.

If you are happy, make a mouse click on “Buy LTC”. Your plan will be filled as soon as a Vender trades their LTC for the price you gave.

Step 5 – Withdraw (LTC) Litecoin

Unless you're trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an extended time period. To take off your Litecoin (LTC), hover over the tab called “Funds” and click on “Withdraw”. (LTC) Litecoin can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find Litecoin (LTC) by using the provided drop-down box. Put into the volumen of Litecoin (LTC) you'd like to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your precise withdraw address.

When you are satisfied, click on “Submit”. You may be requested for verfication via phone/email ahead of a take off.

Congrats! You've successfully bought and safed (LTC) Litecoin in Bolivia.

That's it!

Take offs from Crypto Exchange can take anywhere from 1 – 30 minutes (rely on network usage). Once you have confirmed your take off using Etherscan.io or Ethplorer.io and the (LTC) Litecoin is safe within your wallet, you are all done.