How to Buy Litecoin (LTC) in Taiwan

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

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

In the beginning you'll need to purchase one of the major currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Follow the Link below to register and receive your first 10 Dollar.

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

Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Litecoin (LTC) is accessible on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this manual)

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

BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, et cetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Locate Litecoin (LTC)

Once your deposit has been affirmed, you will instantly have access to your funds and you can start buying and trading. To purchase Litecoin (LTC) on Binance, you will want to go to the “Exchange” tab and click on “Basic”.

In order to find Litecoin (LTC), you will need to put the shortname of the coin (LTC) into the search-box, which is highlighted in the graphic. Make sure you have selected the right grouping, we've marked this too. Click on “LTC/BTC” to advance.

Step 4 – Purchase Litecoin (LTC)

Once you've located Litecoin (LTC), you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). Next we're going to make our own Limit Order.

The “Price” field will be filled automatically with the recent tariff (LTC) Litecoin was traded for. You can change this to your preferred price. The “Amount” field is the quantity of LTC you like to purchase. The “Total” field is the total price in Bitcoin that you'll settle for the whole volumen of LTC.

If 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 gave.

Step 5 – Withdraw Litecoin (LTC)

Unless you are regularly trading, never keep your coins on an Crypto Exchange for an extended period of time. To withdraw your Litecoin (LTC), hover over the “Funds” tab and mouse click on “Withdraw”. (LTC) Litecoin can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (LTC) Litecoin by using the given drop-down box. Drop in the volumen of Litecoin (LTC) you'd like to withdraw. Take into account the shown minimus/fees. Also make sure you have entered your right withdraw address.

If you're glad, click “Submit”. You could be requested for verfication via phone/email ahead of a take off.

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

That's it!

Withdrawals from Exchange can take anywhere from 1 – 30 minutes (depending on network usage). Once you have proved your withdrawal with Ethplorer.io or Etherscan.io and the (LTC) Litecoin is stored within your wallet, you're finished.