How to Buy Litecoin (LTC) in Nicaragua

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

Step 1 – Signup to Coinbase – Get Free $10

You will first need to buy one of the top-tier coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below for registration and getting your first 10 Dollar.

Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Trader

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. 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 Cryptocurrency Exchange? (Just follow these easy steps)

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

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our manual).

Step 3 – Find (LTC) Litecoin

Once your deposit has been approved, you will directly have access to your assets and you can start invest and trading. To invest in (LTC) Litecoin on Binance, you will want to go to the “Exchange” tab and after that mouse click on “Basic”.

In order to locate (LTC) Litecoin, you will need to put the shortname of the coin (LTC) into the search-box, which is highlighted in the picture. Be certain of having selected the correct pairing, we've marked this too. Click on “LTC/BTC” to continue.

Step 4 – Buy Litecoin (LTC)

As soon as you have located (LTC) Litecoin, you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the picture). For now we're going to make our Limit Order.

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

If you are satisfied, make a mouse click on “Buy LTC”. Your order will be filled when a Vender trades their LTC for the price you introduced.

Step 5 – Withdraw (LTC) Litecoin

Unless you're regularly trading, never keep your crypto on an Cryptocurrency Exchange for an extensive period of time. In order to take off your (LTC) Litecoin, hover over the “Funds” tab and mouse click on “Withdraw”. Litecoin (LTC) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Litecoin (LTC) by using the provided drop-down box. Put into the amount of (LTC) Litecoin you would like to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your right withdraw address.

When you're satisfied, click “Submit”. You could be asked for phone/email verification before a withdrawal.

Congratulations! You have successfully bought and safed (LTC) Litecoin in Nicaragua.

That's it!

Withdrawals from Exchange can take anywhere from 1 – 30 minutes (depending on network usage). As soon as you have confirmed your take off using Ethplorer.io or Etherscan.io and the (LTC) Litecoin is safe in your wallet, you're done.