How to Buy Litecoin (LTC) in Guatemala

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

Step 1 – Join Kraken

You'll first need to buy units of the bigger currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below to register and getting your first Bitcoin or Ethereum.

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

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Litecoin (LTC) is obtainable on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow these easy steps)

Make sure you have chosen the precise coin you wish to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our manual).

Step 3 – Find (LTC) Litecoin

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

To discover (LTC) Litecoin, you will need to put the shortname of the coin (LTC) into the search-box, which is highlighted in the graphic. Be certain of having choosen the proper grouping, we have marked this also. Click on “LTC/BTC” to go on.

Step 4 – Buy Litecoin (LTC)

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

The “Price” field will be filled with the latest rate (LTC) Litecoin was sold for. You can change this to your preferred rate. The “Amount” field is the volumen of LTC you want to purchase. The “Total” field is the aggregated price in Bitcoin that you will settle for the whole quantity of LTC.

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

Step 5 – Withdraw (LTC) Litecoin

Unless you're regularly trading, never keep your crypto coins on an Cryptocurrency Exchange for an longer time frame. To take off your Litecoin (LTC), 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)

Find Litecoin (LTC) by using the given drop-down box. Enter the amount of Litecoin (LTC) you'd like to take off. Take into account the shown fees/minimums. Also make sure you have filled your correct withdraw address.

When you're satisfied, make a mouse click on “Submit”. You could be asked for phone/email verification ahead of a take off.

Congratulations! You have successfully purchased and safed (LTC) Litecoin in Guatemala.

That's it!

Take offs from Exchange can take between 1 – 30 minutes (rely on network usage). As soon as you've confirmed your take off with Etherscan.io or Ethplorer.io and the Litecoin (LTC) is safe in your wallet, you are done.