How to Buy Litecoin (LTC) in Turkmenistan

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

Step 1 – Join Kraken

You will first need to buy units of the major currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click the button below for registration and receive your welcome Ethereum or Bitcoin.

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

Your BTC (Bitcoin) or ETH (Ethereum) will need 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 Exchange? (Follow this guide)

Make sure you have selected the correct coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow these easy steps).

Step 3 – Find (LTC) Litecoin

As soon as your deposit has been affirmed, you will instantly have access to your finances and you can start purchasing and trading. To buy Litecoin (LTC) on Binance, you will want to hover over the “Exchange” tab and mouse click on “Basic”.

To find (LTC) Litecoin, you will need to insert the shortname of the coin (LTC) into the search-box, which is highlighted in the image. Make sure you have selected the correct grouping, we've highlighted this also. Click on “LTC/BTC” to go ahead.

Step 4 – Acquisition of Litecoin (LTC)

Once you have discovered Litecoin (LTC), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we are creating our own Limit Order.

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

If you're satisfied, make a mouse click on “Buy LTC”. Your plan will be filled as soon as a Vendor trades their LTC for the price you introduced.

Step 5 – Withdraw (LTC) Litecoin

Unless you're frequently trading, best advise is not to keep crypto on an Crypto Exchange for an longer period of time. To take off your Litecoin (LTC), hover over the tab called “Funds” and mouse click on “Withdraw”. Litecoin (LTC) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

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

If you are glad, make a mouse click on “Submit”. You could be requested for verfication via email/phone before a withdrawal.

Kudos! You've successfully purchased and stored Litecoin (LTC) in Turkmenistan.

That's it!

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