How to Buy Litecoin (LTC) in Indonesia

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

Step 1 – Join Kraken

You'll first need to buy one of the major currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below to register and to get your welcome Bitcoin (BTC) or Ethereum (ETH).

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

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Litecoin (LTC) is available on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this guide)

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

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

Step 3 – Locate Litecoin (LTC)

Once your deposit has been affirmed, you'll immediately have access to your assets and you can commence purchasing and trading. To purchase Litecoin (LTC) on Binance, you will want to hover over the “Exchange” tab and after that click on “Basic”.

In order to find (LTC) Litecoin, you'll need to insert the cointype (LTC) into the search-box, which is marked in the graphic. Make sure you have selected the proper grouping, we have highlighted this also. Click on “LTC/BTC” to go on.

Step 4 – Purchase Litecoin (LTC)

As soon as you've found (LTC) Litecoin, you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we're going to make our Limit Order.

The “Price” field will be automatically filled with the recent tariff (LTC) Litecoin was traded for. This can be changed to your desired rate. The “Amount” field is the volumen of LTC you like to purchase. The field with the “Total” tag is the whole price in BTC that you'll settle for the whole amount of LTC.

When you are glad, make a mouse click on “Buy LTC”. Your plan will be filled when a Vendor trades their LTC for the price you introduced.

Step 5 – Withdraw (LTC) Litecoin

Unless you are frequently trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an extended time period. In order to take off your (LTC) Litecoin, hover over the tab called “Funds” and mouse click on “Withdraw”. Litecoin (LTC) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find (LTC) Litecoin by using the provided drop-down box. Drop in the quantity of (LTC) Litecoin you'd like to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your right withdraw address.

When you are glad, make a mouse click on “Submit”. You could be requested for verfication via phone/email before a take off.

Kudos! You have successfully bought and safed Litecoin (LTC) in Indonesia.

That's it!

Take offs from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (rely on network usage). Once you have confirmed your take off using Ethplorer.io or Etherscan.io and the (LTC) Litecoin is stored inside your wallet, you are done.