How to Buy Litecoin (LTC) in Spain

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

Step 1 – Join Kraken

You will first need to purchase one of the major coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Click below to register and getting your first Bitcoin or Ethereum.

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

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Litecoin (LTC) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Follow these easy steps)

Make sure you've chosen the exact coin you want to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. In the case you're using a decentralized exchange, like Airswap or DDEX could be unlike (Follow these easy steps).

Step 3 – Locate Litecoin (LTC)

As soon as your deposit has been confirmed, you'll now have access to your funds and you can begin buying and trading. To invest in (LTC) Litecoin on Binance, you'll want to hover over the tab which is called “Exchange” and click on “Basic”.

In order to locate (LTC) Litecoin, you will need to put the short name of the asset (LTC) into the search box, which is marked in the image. Be certain of having selected the correct pairing, we have highlighted this also. Click on “LTC/BTC” to progress.

Step 4 – Purchasing (LTC) Litecoin

As soon as you have located (LTC) Litecoin, you'll be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). For now we are going to make our own Limit Order.

The field with the “Price” tag will be automatically filled with the up-to-date rate (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 wish to buy. The “Total” field is the aggregated price in Bitcoin that you will settle for the complete quantity of LTC.

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

Step 5 – Withdraw (LTC) Litecoin

Unless you're regularly trading, best advise is not to keep your coins on an Crypto Trader for an extensive time frame. To take off your Litecoin (LTC), 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)

Find (LTC) Litecoin by using the provided drop-down box. Enter the amount of (LTC) Litecoin you'd like to withdraw. Take into account the displayed minimus/fees. Also make sure you have filled your correct withdraw address.

If you're glad, click “Submit”. You could be requested for email/phone verification ahead of a withdrawal.

Congratulations! You have successfully bought and stored (LTC) Litecoin in Spain.

That's it!

Take offs from Crypto Trader can take between 1 – 30 minutes (rely on usage of the network). Once you've confirmed your withdrawal using Ethplorer.io or Etherscan.io and the (LTC) Litecoin is stored within your wallet, you are done.