How to Buy Litecoin (LTC) in Kiribati

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

Step 1 – Signup to Coinbase – Get Free $10

You will first need to purchase one of the major coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below for registration and receive your first 10$.

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

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Litecoin (LTC) is available on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow these easy steps)

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 Ethereum deposit address, et cetera. If you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our how-to).

Step 3 – Locate (LTC) Litecoin

As soon as your deposit has been verified, you will directly have access to your funds and you can initiate purchasing 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 Litecoin (LTC), you will need to put the cointype (LTC) into the search box, which is highlighted in the image. Make sure you have choosen the right pairing, we have highlighted this too. Click on “LTC/BTC” to progress.

Step 4 – Buy Litecoin (LTC)

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

The field with the “Price” tag will be automatically filled with the latest price Litecoin (LTC) was sold for. You can change this to your desired price. The field with the “Amount” tag is the amount of LTC you like to purchase. The field with the “Total” tag is the total price in BTC that you will settle for the complete volumen of LTC.

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

Step 5 – Withdraw Litecoin (LTC)

Unless you're trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an extended time period. To take off your Litecoin (LTC), hover over the tab called “Funds” and mouse click on “Withdraw”. Litecoin (LTC) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Litecoin (LTC) by using the given drop-down box. Put into the amount of Litecoin (LTC) you would like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address.

If you are satisfied, click on “Submit”. You could be requested for verfication via email/phone before a take off.

Kudos! You have successfully purchased and stored Litecoin (LTC) in Kiribati.

That's it!

Withdrawals from Crypto Exchange can take between 1 – 30 minutes (depending on usage of the network). Once you've proved your take off with Etherscan.io or Ethplorer.io and the (LTC) Litecoin is stored within your wallet, you are done.