How to Buy Litecoin (LTC) in Egypt

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

Step 1 – Join Kraken

You'll first need to purchase units of the major coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below for registration and getting your first Bitcoin or Ethereum.

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

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Litecoin (LTC) is accessible on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this guide)

Make sure you have selected the exact coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our guide).

Step 3 – Find Litecoin (LTC)

Once your deposit has been approved, you'll immediately have access to your assets and you can commence purchasing and trading. To invest in Litecoin (LTC) on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”.

In order to spot (LTC) Litecoin, you'll need to insert the short name of the asset (LTC) into the search box, which is highlighted in the picture. Be certain of having selected the proper pairing, we have marked this too. Click on “LTC/BTC” to advance.

Step 4 – Acquisition of Litecoin (LTC)

After you have spotted Litecoin (LTC), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). And now we're making our Limit Order.

The field with the “Price” tag will be filled automatically with the up-to-date tariff (LTC) Litecoin was sold for. This can be changed to your preferred price. The “Amount” field is the volumen of LTC you wish to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the whole amount of LTC.

When you are happy, click on “Buy LTC”. Your order will be filled when a Vender sells their LTC for the price you gave.

Step 5 – Withdraw Litecoin (LTC)

Unless you're frequently trading, best advise is not to keep your crypto coins on an Exchange for an extensive time period. 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, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (LTC) Litecoin by using the given drop-down box. Enter the volumen of Litecoin (LTC) you would like to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your correct withdraw address.

If you're happy, click “Submit”. You may be asked for phone/email verification ahead of a take off.

Kudos! You've successfully bought and stored (LTC) Litecoin in Egypt.

That's it!

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