How to Buy Litecoin (LTC) in Peru

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

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

You will first need to purchase one of the major coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click the button below for registration and getting your first $10.

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

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Litecoin (LTC) is obtainable on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this how-to)

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

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

Step 3 – Find (LTC) Litecoin

Once your deposit has been approved, you'll directly have access to your assets and you can start buying and trading. To invest in Litecoin (LTC) on Binance, you will want to hover over the tab which is called “Exchange” and mouse click on “Basic”.

To discover Litecoin (LTC), you'll need to put the cointype (LTC) into the search-box, which is highlighted in the graphic. Make sure you have selected the correct pairing, we have highlighted this too. Click on “LTC/BTC” to progress.

Step 4 – Buying Litecoin (LTC)

After you've found (LTC) Litecoin, you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). Next we're going to create our Limit Order.

The “Price” field will be filled with the latest rate (LTC) Litecoin was traded for. You can change this to your favoured price. The “Amount” field is the quantity of LTC you want to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the complete quantity of LTC.

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

Step 5 – Withdraw Litecoin (LTC)

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

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

If you are happy, click on “Submit”. You may be asked for verfication via email/phone before a take off.

Congratulations! You have successfully purchased and safed Litecoin (LTC) in Peru.

That's it!

Withdrawals from Cryptocurrency Exchange can durate between 1 – 30 minutes (depending on usage of the network). As soon as you have confirmed your withdrawal using Ethplorer.io or Etherscan.io and the (LTC) Litecoin is stored within your wallet, you are done.