How to Buy Litecoin (LTC) in Palau

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

Step 1 – Signup to Coinbase and recieve 10$ for free

In the beginning you'll need to buy units of the top-tier coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below for registration and getting your welcome 10 Dollar.

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

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Litecoin (LTC) is available on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this manual)

Make sure you have selected the exact coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. If you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our guide).

Step 3 – Locate Litecoin (LTC)

Once your deposit has been verified, you will now have access to your finances and you can begin invest and trading. To purchase (LTC) Litecoin on Binance, you'll want to hover over the “Exchange” tab and after that click on “Basic”.

To discover (LTC) Litecoin, you will need to put the cointype (LTC) into the search-box, which is marked in the image. Make sure you have choosen the correct pairing, we've marked this also. Click on “LTC/BTC” to progress.

Step 4 – Acquisition of Litecoin (LTC)

Once you have found (LTC) Litecoin, you will be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we are making our own Limit Order.

The “Price” field will be filled with the most up-to-date valuation Litecoin (LTC) was traded for. This can be changed to your favoured price. The “Amount” field is the volumen of LTC you want to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll settle for the complete amount of LTC.

If you're glad, click on “Buy LTC”. Your plan will be filled when a Vendor sells their LTC for the price you offered.

Step 5 – Withdraw Litecoin (LTC)

Unless you're frequently trading, best advise is not to keep coins on an Crypto Trader for an longer time period. To take off your (LTC) Litecoin, go to the “Funds” tab and mouse click on “Withdraw”. Litecoin (LTC) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

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

When you are happy, click “Submit”. You may be asked for phone/email verification ahead of a withdrawal.

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

That's it!

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