How to Buy Litecoin (LTC) in Cuba

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

Step 1 – Signup to Kraken

You'll first need to buy units of the major currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below to register and receive your first ETH (Ethereum) or BTC (Bitcoin).

Step 2 – Send Your Bitcoin or Ethereum to an Crypto Trader

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Litecoin (LTC) is obtainable on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Follow this how-to)

Make sure you have selected the exact coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our manual).

Step 3 – Find (LTC) Litecoin

As soon as your deposit has been confirmed, you'll instantly have access to your funds and you can commence invest and trading. To buy Litecoin (LTC) on Binance, you will want to hover over the “Exchange” tab and after that click on “Basic”.

To locate (LTC) Litecoin, you'll need to insert the cointype (LTC) into the search-box, which is highlighted in the picture. Make sure you have choosen the right pairing, we've highlighted this also. Click on “LTC/BTC” to progress.

Step 4 – Buying Litecoin (LTC)

After you have discovered Litecoin (LTC), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). Next we're going to create our own Limit Order.

The “Price” field will be automatically filled with the latest price (LTC) Litecoin was traded for. This can be changed to your preferred rate. The “Amount” field is the quantity of LTC you wish to buy. The field with the “Total” tag is the aggregated price in BTC that you will pay for the complete volumen of LTC.

When you're glad, click on “Buy LTC”. Your plan will be filled as soon as a Vendor trades their LTC for the price you introduced.

Step 5 – Withdraw (LTC) Litecoin

Unless you are frequently trading, you should never keepyour crypto coins on an Crypto Trader for an longer time frame. In order to withdraw your Litecoin (LTC), hover over the “Funds” tab and click on “Withdraw”. (LTC) Litecoin can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Litecoin (LTC) by using the given drop-down box. Enter the amount of Litecoin (LTC) you'd like to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your right withdraw address.

If you're glad, click on “Submit”. You may be requested for email/phone verification before a withdrawal.

Congrats! You have successfully purchased and safed Litecoin (LTC) in Cuba.

That's it!

Take offs from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (rely on network usage). Once you have proved your withdrawal with Ethplorer.io or Etherscan.io and the Litecoin (LTC) is stored in your wallet, you're all done.