How to Buy Litecoin (LTC) in Laos

Step 1 – Join Kraken

You will first need to purchase units of the major currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below for registration and getting your welcome Bitcoin or Ethereum.

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

Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Litecoin (LTC) is accessible on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this guide)

Make sure you've chosen the precise coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so forth. If you are using 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 approved, you'll instantly have access to your funds and you can start buying and trading. To purchase Litecoin (LTC) on Binance, you will want to hover over the “Exchange” tab and after that mouse click on “Basic”.

In order to spot Litecoin (LTC), you'll need to put the short name of the asset (LTC) into the search-box, which is marked in the image. Make sure you have selected the correct pairing, we've highlighted this also. Click on “LTC/BTC” to go ahead.

Step 4 – Acquisition of (LTC) Litecoin

After you have discovered Litecoin (LTC), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). For now we are creating our own Limit Order.

The field with the “Price” tag will be automatically filled with the most recent tariff (LTC) Litecoin was sold for. You can change this to your preferred price. The “Amount” field is the quantity of LTC you like to buy. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the complete volumen of LTC.

When you're happy, click on “Buy LTC”. Your plan will be filled as soon as a Seller trades their LTC for the price you offered.

Step 5 – Withdraw Litecoin (LTC)

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

Locate (LTC) Litecoin by using the given drop-down box. Enter the amount of Litecoin (LTC) you'd wish to take off. Don't forget 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 may be asked for phone/email verification before a withdrawal.