How to Buy Litecoin (LTC) in Barbados

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

Step 1 – Join Coinbase and get 10$ for free

In the beginning you'll need to buy one of the top-tier currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below to register and getting your welcome $10.

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

Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Litecoin (LTC) is accessible on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this how-to)

Make sure you have chosen the correct coin you would like to deposit.

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

Step 3 – Locate (LTC) Litecoin

Once your deposit has been confirmed, you'll directly have access to your finances and you can start purchasing and trading. To buy (LTC) Litecoin on Binance, you'll want to go to the tab which is calledExchangeand then mouse click onBasic”.

In order to discover (LTC) Litecoin, you'll need to put the cointype (LTC) into the search box, which is highlighted in the picture. Make sure you have choosen the right pairing, we have marked this also. Click onLTC/BTCto proceed.

Step 4 – Buying (LTC) Litecoin

After you've found (LTC) Litecoin, you will be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). For now we're going to make our Limit Order.

The field with thePricetag will be automatically filled with the most recent valuation (LTC) Litecoin was sold for. This can be changed to your favoured price. The field with theAmounttag is the quantity of LTC you like to purchase. The field with theTotaltag is the total price in Bitcoin that you will settle for the complete amount of LTC.

If you are glad, click onBuy LTC”. Your order will be filled as soon as a Seller trades their LTC for the price you submitted.

Step 5 – Withdraw Litecoin (LTC)

Unless you are trading, never keep your crypto on an Cryptocurrency Exchange for an longer time frame. To withdraw your (LTC) Litecoin, hover over theFundstab and click onWithdraw”. (LTC) Litecoin can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

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

When you're satisfied, click onSubmit”. You could be requested for verfication via phone/email before a take off.

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

That's it!

Withdrawals from Crypto Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you have proved your withdrawal using Etherscan.io or Ethplorer.io and the (LTC) Litecoin is stored inside your wallet, you are all done.