How to Buy Litecoin (LTC) in Kyrgyzstan

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

Step 1 – Signup to Kraken

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

Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Trader now. Every exchange has 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 this how-to)

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

BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so forth. If you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Find (LTC) Litecoin

As soon as your deposit has been verified, you will instantly 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 click on “Basic”.

In order to spot Litecoin (LTC), you will need to put the short name of the asset (LTC) into the search-box, which is marked in the graphic. Make sure you have choosen the proper grouping, we have marked this also. Click on “LTC/BTC” to progress.

Step 4 – Buy (LTC) Litecoin

As soon as you have spotted (LTC) Litecoin, you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the image). For now we are creating our own Limit Order.

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

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

Step 5 – Withdraw Litecoin (LTC)

Unless you are regularly trading, best advise is not to keep your coins on an Crypto Exchange for an longer time period. In order to take off your (LTC) Litecoin, go to the tab called “Funds” and mouse click on “Withdraw”. Litecoin (LTC) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find (LTC) Litecoin by using the given drop-down box. Drop in the volumen of (LTC) Litecoin you would like to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address.

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

Congratulations! You've successfully bought and stored Litecoin (LTC) in Kyrgyzstan.

That's it!

Take offs from Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you've confirmed your withdrawal using Etherscan.io or Ethplorer.io and the (LTC) Litecoin is stored within your wallet, you are done.