How to Buy Litecoin (LTC) in Moldova

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

Step 1 – Join Kraken

You'll first need to purchase one of the major coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below to register and receive your welcome Bitcoin (BTC) or Ethereum (ETH).

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

Your Bitcoin or Ethereum will need to be sent over to an Exchange 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 illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow these easy steps)

Make sure you have selected the correct coin you would like to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. If you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow our manual).

Step 3 – Find (LTC) Litecoin

As soon as your deposit has been affirmed, you will immediately have access to your finances and you can launch invest and trading. To buy Litecoin (LTC) on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”.

In order to find Litecoin (LTC), you will need to insert the cointype (LTC) into the search box, which is highlighted in the image. Be certain of having selected the right pairing, we've highlighted this too. Click on “LTC/BTC” to continue.

Step 4 – Acquisition of (LTC) Litecoin

Once you have found (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 picture). Next we're creating our own Limit Order.

The “Price” field will be filled automatically with the recent price (LTC) Litecoin was traded for. You can change this to your favoured price. The field with the “Amount” tag is the amount of LTC you like to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the whole amount of LTC.

When you're satisfied, make a mouse click on “Buy LTC”. Your plan will be filled when a Vender sells their LTC for the price you offered.

Step 5 – Withdraw Litecoin (LTC)

Unless you're regularly trading, you should never keepyour crypto on an Cryptocurrency Exchange for an longer time frame. In order to take off your (LTC) Litecoin, hover over the tab called “Funds” and mouse click on “Withdraw”. Litecoin (LTC) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

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

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

Congrats! You've successfully bought and safed Litecoin (LTC) in Moldova.

That's it!

Take offs from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (depending on network usage). As soon as you have confirmed your withdrawal with Etherscan.io or Ethplorer.io and the (LTC) Litecoin is safe inside your wallet, you're finished.