How to Buy Litecoin (LTC) in Uzbekistan

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

Step 1 – Join Kraken

You'll first need to buy units of the top-tier coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below to register and getting your first Bitcoin or Ethereum.

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

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Litecoin (LTC) is available on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this guide)

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

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our manual).

Step 3 – Locate (LTC) Litecoin

As soon as your deposit has been verified, you'll directly have access to your assets and you can launch purchasing and trading. To invest in Litecoin (LTC) on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”.

To discover Litecoin (LTC), you'll need to put the short name of the asset (LTC) into the search box, which is highlighted in the image. Be certain of having selected the proper grouping, we have marked this also. Click on “LTC/BTC” to go on.

Step 4 – Buying Litecoin (LTC)

Once you have spotted (LTC) Litecoin, you'll be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). And now we are going to create our Limit Order.

The field with the “Price” tag will be automatically filled with the most recent rate Litecoin (LTC) was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of LTC you like to buy. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the whole volumen of LTC.

When you're happy, click on “Buy LTC”. Your order will be filled when a Vendor trades their LTC for the price you submitted.

Step 5 – Withdraw Litecoin (LTC)

Unless you are regularly trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an extended time frame. In order to take off your Litecoin (LTC), hover over the tab called “Funds” and 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. Put into the volumen of Litecoin (LTC) you would wish to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have entered your right withdraw address.

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

Congrats! You've successfully bought and stored (LTC) Litecoin in Uzbekistan.

That's it!

Withdrawals from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you've confirmed your take off with Etherscan.io or Ethplorer.io and the (LTC) Litecoin is stored inside your wallet, you're finished.