How to Buy Litecoin (LTC) in Ghana

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

Step 1 – Signup to Kraken

You'll first need to purchase one of the top-tier coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Click the button below to register and receive your welcome Bitcoin (BTC) or Ethereum (ETH).

Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader

Your Ethereum or Bitcoin has to be sent over to an Crypto 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. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this how-to)

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

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etc. If you are using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our manual).

Step 3 – Find Litecoin (LTC)

Once your deposit has been confirmed, you'll directly have access to your assets and you can begin buying and trading. To invest in (LTC) Litecoin on Binance, you will want to hover over the “Exchange” tab and after that mouse click on “Basic”.

To locate (LTC) Litecoin, you will need to insert the shortname of the coin (LTC) into the search-box, which is highlighted in the picture. Be certain of having choosen the proper grouping, we've marked this also. Click on “LTC/BTC” to proceed.

Step 4 – Purchase Litecoin (LTC)

After you've found Litecoin (LTC), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). Next we're making our Limit Order.

The “Price” field will be automatically filled with the most up-to-date tariff Litecoin (LTC) was traded for. This can be changed to your preferred rate. The “Amount” field is the volumen of LTC you like to buy. The “Total” field is the aggregated price in Bitcoin that you'll settle for the complete volumen of LTC.

When you are satisfied, click on “Buy LTC”. Your plan will be filled when a Seller trades their LTC for the price you submitted.

Step 5 – Withdraw (LTC) Litecoin

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

Locate Litecoin (LTC) by using the given drop-down box. Enter the quantity of Litecoin (LTC) you'd wish to take off. Don't forget the presented minimus/fees. Also make sure you have entered your precise withdraw address.

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

Congratulations! You've successfully purchased and stored Litecoin (LTC) in Ghana.

That's it!

Take offs from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you've proved your take off using Ethplorer.io or Etherscan.io and the (LTC) Litecoin is stored in your wallet, you are all done.