How to Buy Litecoin (LTC) in Kazakhstan

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

Step 1 – Signup to Kraken

In the beginning you'll need to purchase units of the bigger currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click below to register and receive your welcome Bitcoin or Ethereum.

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

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Litecoin (LTC) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this manual)

Make sure you have chosen the right coin you would like to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, et cetera. If you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow these easy steps).

Step 3 – Find Litecoin (LTC)

As soon as your deposit has been verified, you will instantly have access to your assets and you can commence buying and trading. To buy Litecoin (LTC) on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”.

To find (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 pairing, we have highlighted this also. Click on “LTC/BTC” to proceed.

Step 4 – Purchase (LTC) Litecoin

After you've spotted (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 image). Next we are creating our Limit Order.

The field with the “Price” tag will be filled with the most latest valuation (LTC) Litecoin was sold for. You can change this to your desired price. The field with the “Amount” tag is the quantity of LTC you want to purchase. The “Total” field is the total price in Bitcoin that you'll settle for the complete volumen of LTC.

If you are happy, make a mouse click on “Buy LTC”. Your plan will be filled when a Vender sells their LTC for the price you submitted.

Step 5 – Withdraw (LTC) Litecoin

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

Locate Litecoin (LTC) by using the provided drop-down box. Drop in the volumen of (LTC) Litecoin you'd like to take off. Don't forget the presented minimus/fees. Also make sure you have entered your right withdraw address.

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

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

That's it!

Withdrawals from Exchange can take between 1 – 30 minutes (depending on usage of the network). As soon as you've confirmed your withdrawal using Ethplorer.io or Etherscan.io and the (LTC) Litecoin is stored within your wallet, you're done.