How to Buy Litecoin (LTC) in Costa Rica

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

Step 1 – Signup to Kraken

In the beginning you'll need to buy one of the top-tier coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below for registration and receive your welcome ETH (Ethereum) or BTC (Bitcoin).

Step 2 – Transmit Your Bitcoin or Ethereum to an Exchange

Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Litecoin (LTC) is available on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow this how-to)

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

BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so on. If you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow these easy steps).

Step 3 – Find (LTC) Litecoin

Once your deposit has been approved, you will now have access to your finances and you can commence invest and trading. To purchase (LTC) Litecoin on Binance, you'll want to hover over the “Exchange” tab and then click on “Basic”.

To find Litecoin (LTC), you will need to put the short name of the asset (LTC) into the search box, which is marked in the image. Be certain of having selected the right grouping, we've marked this also. Click on “LTC/BTC” to go on.

Step 4 – Purchasing (LTC) Litecoin

Once you have spotted (LTC) Litecoin, you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're making our Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date rate Litecoin (LTC) was sold for. You can change this to your desired price. The “Amount” field is the volumen of LTC you like to buy. The field with the “Total” tag is the whole price in BTC that you will pay for the complete quantity of LTC.

When you are satisfied, click on “Buy LTC”. Your order will be filled as soon as a Vender trades their LTC for the price you submitted.

Step 5 – Withdraw Litecoin (LTC)

Unless you are regularly trading, you should never keepyour crypto coins on an Crypto Exchange for an extensive period of time. To take off your (LTC) Litecoin, hover over the “Funds” tab and click on “Withdraw”. (LTC) Litecoin can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Litecoin (LTC) by using the provided drop-down box. Drop in the amount of Litecoin (LTC) you'd wish to withdraw. Don't forget the shown minimus/fees. Also make sure you have entered your correct withdraw address.

If you are happy, click on “Submit”. You may be asked for verfication via phone/email ahead of a withdrawal.

Kudos! You've successfully purchased and stored (LTC) Litecoin in Costa Rica.

That's it!

Withdrawals from Crypto Exchange can durate between 1 – 30 minutes (depending on usage of the network). Once you have proved your take off using Etherscan.io or Ethplorer.io and the (LTC) Litecoin is safe in your wallet, you are all done.