How to Buy Litecoin (LTC) in Bosnia And Herzegovina

A Step-by-Step-Guide on how to buy Litecoin (LTC) in Bosnia And Herzegovina

Step 1 – Signup to Kraken

You will first need to buy units of the bigger coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click the button below to register and getting your first BTC (Bitcoin) or ETH (Ethereum).

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

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Litecoin (LTC) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this guide)

Make sure you have selected the correct coin you wish to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etcetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our manual).

Step 3 – Find Litecoin (LTC)

Once your deposit has been confirmed, you will instantly have access to your funds and you can initiate invest and trading. To invest in Litecoin (LTC) on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to find (LTC) Litecoin, you will need to insert the shortname of the coin (LTC) into the search-box, which is highlighted in the picture. Make sure you have selected the right grouping, we've marked this too. Click on “LTC/BTC” to advance.

Step 4 – Purchase Litecoin (LTC)

Once you've located (LTC) Litecoin, you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). And now we are creating our own Limit Order.

The “Price” field will be automatically filled with the latest rate (LTC) Litecoin was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the amount 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 are happy, click on “Buy LTC”. Your plan will be filled as soon as a Vendor sells their LTC for the price you gave.

Step 5 – Withdraw Litecoin (LTC)

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

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

When you're glad, click on “Submit”. You may be asked for verfication via email/phone ahead of a withdrawal.

Kudos! You've successfully purchased and stored Litecoin (LTC) in Bosnia And Herzegovina.

That's it!

Take offs from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you have confirmed your take off with Ethplorer.io or Etherscan.io and the Litecoin (LTC) is safe inside your wallet, you're all done.