How to Buy Litecoin (LTC) in Tonga

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

Step 1 – Signup to Kraken

In the beginning you'll need to buy units of the bigger currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Follow the Link below for registration and getting your first Ethereum (ETH) or Bitcoin (BTC).

Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Litecoin (LTC) is available on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow these easy steps)

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

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. If you're using a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our manual).

Step 3 – Locate Litecoin (LTC)

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

In order to find Litecoin (LTC), you'll need to put the short name of the asset (LTC) into the search box, which is marked in the picture. Be certain of having selected the proper grouping, we've marked this also. Click on “LTC/BTC” to advance.

Step 4 – Acquisition of (LTC) Litecoin

As soon as you've located (LTC) Litecoin, you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we're making our own Limit Order.

The field with the “Price” tag will be automatically filled with the most recent tariff (LTC) Litecoin was traded for. You can change this to your preferred price. The field with the “Amount” tag is the amount of LTC you wish to buy. The “Total” field is the whole price in Bitcoin that you'll pay for the complete amount of LTC.

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

Step 5 – Withdraw (LTC) Litecoin

Unless you're trading, never keep your crypto on an Cryptocurrency Exchange for an extensive time period. To withdraw your Litecoin (LTC), go to the “Funds” tab and mouse click on “Withdraw”. Litecoin (LTC) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Litecoin (LTC) by using the given drop-down box. Drop in the volumen of Litecoin (LTC) you'd like to take off. Take into account the displayed fees/minimums. Also make sure you have filled your precise withdraw address.

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

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

That's it!

Take offs from Cryptocurrency Exchange can take between 1 – 30 minutes (depending on network usage). As soon as you have proved your withdrawal using Ethplorer.io or Etherscan.io and the (LTC) Litecoin is stored inside your wallet, you're done.