How to Buy Litecoin (LTC) in Gambia

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

Step 1 – Signup to Kraken

You'll first need to buy units of the top-tier currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for alternative Coins. Click below to register and to get your first Ethereum or Bitcoin.

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

Your Ethereum or Bitcoin will need to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Litecoin (LTC) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Follow this how-to)

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

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you're dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our how-to).

Step 3 – Find Litecoin (LTC)

Once your deposit has been verified, you'll immediately 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 tab which is called “Exchange” and after that click on “Basic”.

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

Step 4 – Acquisition of Litecoin (LTC)

Once you have located (LTC) Litecoin, you will be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). And now we are creating our Limit Order.

The field with the “Price” tag will be filled with the most recent tariff (LTC) Litecoin was sold for. You can change this to your favoured rate. The “Amount” field is the volumen of LTC you wish to buy. The “Total” field is the aggregated price in Bitcoin that you will pay for the complete quantity of LTC.

When you're satisfied, make a mouse click on “Buy LTC”. Your order will be filled as soon as a Seller sells their LTC for the price you offered.

Step 5 – Withdraw (LTC) Litecoin

Unless you are trading, never keep your crypto on an Crypto Trader for an extended time frame. To withdraw your Litecoin (LTC), hover over the “Funds” tab and mouse click on “Withdraw”. Litecoin (LTC) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Litecoin (LTC) by using the given drop-down box. Enter the amount of (LTC) Litecoin you would like to take off. Don't forget the shown minimus/fees. Also make sure you have entered your right withdraw address.

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

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

That's it!

Withdrawals from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). Once you've confirmed your withdrawal with Ethplorer.io or Etherscan.io and the Litecoin (LTC) is stored within your wallet, you are all done.