How to Buy Litecoin (LTC) in Turkey

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

Step 1 – Join Kraken

You'll first need to purchase units of the major coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below for registration and receive your first BTC (Bitcoin) or ETH (Ethereum).

Step 2 – Transmit Your Ethereum or Bitcoin to an Exchange

Your Bitcoin or Ethereum has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Litecoin (LTC) is available on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this manual)

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

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so on. In the case you are using a decentralized exchange, such as Airswap or DDEX could be different (Follow these easy steps).

Step 3 – Locate Litecoin (LTC)

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

To discover Litecoin (LTC), you'll need to insert the short name of the asset (LTC) into the search-box, which is marked in the graphic. Make sure you have choosen the correct pairing, we've marked this too. Click on “LTC/BTC” to progress.

Step 4 – Buying (LTC) Litecoin

After you've spotted Litecoin (LTC), you'll be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). And now we're creating our Limit Order.

The “Price” field will be automatically filled with the up-to-date price Litecoin (LTC) was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the amount of LTC you want to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the whole quantity of LTC.

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

Find Litecoin (LTC) by using the given drop-down box. Enter the volumen of Litecoin (LTC) you would wish to take off. Take into account the presented minimus/fees. Also make sure you have filled your precise withdraw address.

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

Congrats! You've successfully purchased and stored (LTC) Litecoin in Turkey.

That's it!

Take offs from Crypto Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you have proved your take off using Ethplorer.io or Etherscan.io and the Litecoin (LTC) is safe in your wallet, you are finished.