How to Buy Litecoin (LTC) in Greece

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

Step 1 – Join Kraken

You'll first need to purchase one of the bigger currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below to register and to get your welcome BTC (Bitcoin) or ETH (Ethereum).

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

Your Bitcoin or Ethereum will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Litecoin (LTC) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this manual)

Make sure you've selected the exact coin you wish to deposit.

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

Step 3 – Find Litecoin (LTC)

Once your deposit has been affirmed, you will now have access to your finances and you can begin invest and trading. To buy (LTC) Litecoin on Binance, you will want to go to the tab which is called “Exchange” and click on “Basic”.

In order to locate (LTC) Litecoin, you'll need to put the short name of the asset (LTC) into the search box, which is highlighted in the image. Be certain of having selected the proper grouping, we've highlighted this too. Click on “LTC/BTC” to go ahead.

Step 4 – Purchasing Litecoin (LTC)

As soon as you have located Litecoin (LTC), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). Next we're creating our Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date rate (LTC) Litecoin was sold for. You can change this to your favoured rate. The “Amount” field is the quantity of LTC you want to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the complete amount of LTC.

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

Step 5 – Withdraw (LTC) Litecoin

Unless you are trading, best advise is not to keep your crypto on an Crypto Trader for an longer time frame. In order to withdraw your Litecoin (LTC), hover over the tab called “Funds” and mouse click on “Withdraw”. (LTC) Litecoin can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find (LTC) Litecoin by using the given drop-down box. Enter the volumen of (LTC) Litecoin you would like to take off. Take into account the presented minimus/fees. Also make sure you have entered your right withdraw address.

When you are satisfied, click “Submit”. You could be asked for verfication via phone/email ahead of a take off.

Congrats! You have successfully bought and stored Litecoin (LTC) in Greece.

That's it!

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