How to Buy Litecoin (LTC) in Sierra Leone

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

Step 1 – Signup to Kraken

In the beginning you'll need to purchase one of the top-tier coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click below for registration and to get your welcome Ethereum or Bitcoin.

Kraken Signup
Step 2 – Send Your Ethereum or Bitcoin to an Crypto Exchange

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Litecoin (LTC) is available on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this how-to)

Make sure you have chosen the precise coin you wish to deposit.

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

Binance Signup

Step 3 – Locate (LTC) Litecoin

As soon as your deposit has been approved, you'll immediately have access to your funds and you can initiate purchasing and trading. To purchase Litecoin (LTC) on Binance, you'll want to hover over the tab which is called “Exchange” and click on “Basic”.

In order to spot (LTC) Litecoin, you'll need to put the cointype (LTC) into the search box, which is highlighted in the image. Make sure you have selected the right grouping, we have highlighted this too. Click on “LTC/BTC” to proceed.

Step 4 – Acquisition of (LTC) Litecoin

Once you've discovered Litecoin (LTC), you will be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we are creating our own Limit Order.

The “Price” field will be filled automatically with the up-to-date valuation (LTC) Litecoin was sold for. You can change this to your desired rate. The field with the “Amount” tag is the quantity of LTC you wish to buy. The “Total” field is the total price in BTC that you'll pay for the complete volumen of LTC.

When you are glad, make a mouse click on “Buy LTC”. Your plan will be filled as soon as a Seller trades their LTC for the price you introduced.

Step 5 – Withdraw (LTC) Litecoin

Unless you are trading, you should never keepyour crypto coins on an Exchange for an extended time period. To withdraw your (LTC) Litecoin, hover over the “Funds” tab and mouse click on “Withdraw”. Litecoin (LTC) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

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

If you are happy, make a mouse click on “Submit”. You could be requested for email/phone verification ahead of a withdrawal.

Congratulations! You've successfully purchased and stored (LTC) Litecoin in Sierra Leone.

That's it!

Take offs from Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). As soon as you have proved your take off with Ethplorer.io or Etherscan.io and the (LTC) Litecoin is safe inside your wallet, you're all done.
    /* */