How to Buy Litecoin (LTC) in Eritrea

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

Degrau 1 – Join Coinbase and recieve 10$ for free

You'll first need to purchase one of the bigger 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 $10.

Degrau 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange

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

Make sure you have chosen the exact coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etc. No caso de você usar uma bolsa descentralizada, like Airswap or DDEX could be opposed (Follow our guide).

Degrau 3 – Find Litecoin (LTC)

As soon as your deposit has been approved, you'll instantly have access to your finances and you can start buying and trading. To buy (LTC) Litecoin on Binance, you will want to go to the “Troca” tab and then mouse click on “Básico”.

To discover Litecoin (LTC), you will need to put the shortname of the coin (LTC) na caixa de pesquisa, which is highlighted in the picture. Make sure you have choosen the correct grouping, we have marked this too. Clique em “LTC/BTCto advance.

Degrau 4 – Buy Litecoin (LTC)

As soon as you have located Litecoin (LTC), you'll be presented with a Chart with Prices (in the Center of the image) e alguns livros de pedidos (on the Left of the picture). Next we're making our own Limit Order.

o “Preço” field will be filled automatically with the recent valuation (LTC) Litecoin was traded for. You can change this to your preferred price. o “Montante” field is the volumen of LTC you wish to purchase. o “Total” field is the aggregated price in BTC that you will pay for the whole volumen of LTC.

When you're satisfied, click onBuy LTC”. Your order will be filled as soon as a Seller trades their LTC for the price you submitted.

Degrau 5 – Retirar (LTC) Litecoin

Unless you're regularly trading, best advise is not to keep crypto on an Crypto Trader for an longer period of time. In order to withdraw your Litecoin (LTC), go to the tab called “Fundos” and mouse click on “Retirar”. (LTC) Litecoin can be safely stored using a Wallet, por exemplo MyEtherWallet. (Guia de configuração do MyEtherWallet)

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

If you're glad, click on “Enviar”. You could be requested for verfication via email/phone before a take off.

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

É isso aí!

Withdrawals from Exchange can durate between 1 – 30 minutos (depending on network usage). Once you have confirmed your withdrawal using Etherscan.io or Ethplorer.io and the (LTC) Litecoin is stored within your wallet, you are finished.