How to Buy Litecoin (LTC) in Gabon

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

Step 1 – Signup to Kraken

You will first need to buy units of the major currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below for registration and receive your first ETH (Ethereum) or BTC (Bitcoin).

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

Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Litecoin (LTC) is accessible on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Follow these easy steps)

Make sure you've chosen the precise coin you would like to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so forth. In the case you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Find Litecoin (LTC)

Once your deposit has been affirmed, you will immediately have access to your assets and you can launch invest and trading. To purchase Litecoin (LTC) on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”.

To find (LTC) Litecoin, you'll need to put the short name of the asset (LTC) into the search-box, which is highlighted in the picture. Make sure you have choosen the correct pairing, we have highlighted this too. Click on “LTC/BTC” to advance.

Step 4 – Buy (LTC) Litecoin

As soon as you have discovered (LTC) Litecoin, you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). And now we're making our own Limit Order.

The “Price” field will be automatically filled with the most latest price Litecoin (LTC) was sold for. You can change this to your desired rate. The “Amount” field is the quantity of LTC you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the whole volumen of LTC.

If you're glad, make a mouse click on “Buy LTC”. Your plan will be filled when a Seller sells their LTC for the price you gave.

Step 5 – Withdraw (LTC) Litecoin

Unless you are regularly trading, best advise is not to keep crypto on an Crypto Trader for an longer time frame. To take off your (LTC) Litecoin, go to the tab called “Funds” and mouse click on “Withdraw”. (LTC) Litecoin can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Litecoin (LTC) by using the provided drop-down box. Drop in the amount of Litecoin (LTC) you would like to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have entered your right withdraw address.

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

Congrats! You have successfully purchased and stored (LTC) Litecoin in Gabon.

That's it!

Withdrawals from Crypto Exchange can take anywhere from 1 – 30 minutes (rely on network usage). As soon as you've proved your take off with Ethplorer.io or Etherscan.io and the (LTC) Litecoin is stored in your wallet, you're finished.