How to buy Litecoin

Litecoin trading on Binance guide!

Litecoin ( LTC ) is a Bitcoin spinoff made by previous Google representative Charles Lee in October 2011. Litecoin has taken the general thought behind Bitcoin, however changed a couple of key segment:
Purchasing Litecoin can either be extremely simple or extremely troublesome — everything relies upon where you live and how you need to pay for your Litecoin. Rest guaranteed, however, on the off chance that you need to realize how to purchase Litecoin, you're in the opportune spot!
This guide will demonstrate to you how you can purchase Litecoin utilizing fiat money, purchasing Litecoin with PayPal, bank transfer or a Visa.
Before the finish of this guide, you'll realize where to purchase Litecoin, and have the option to work out which is the best spot to purchase Litecoin for you explicitly.

BASIC STEPS

  1. Create! An Exchange Account
  2. Buy Your First Crypto
  3. Trading and Finding Litecoin

Step 1: Create! An Exchange Account

If you’re not already registered on Binance, go to Binance and create an account...

Then simply click the register button and follow the instructions.

Step 2: Buy Your First Crypto

Now you can simply buy crypto using your credit-card or bank account

Simply navigate to this menu by clicking “your mail” in the top banner and then simply click “Buy/Sell Crypto”.
Next you’ll be sent to this screen, here you can either choose to enter the amount of crypto you want, with the choice of Bitcoin (BTC), Ripple (XRP), Binance Coin (BNB), Ethereum (ETH) and Litecoin (LTC) or you can choose to enter the exact amount of USD or EUR you want to spend on your purchase.

Once you’ve entered your order simply click “Buy now” and you’ll then be presented with instruction for the KYC-program of Simplex (Binance’s partner) which is shorthand for Know-Your-Customer. This is a necessary part of being allowed buy crypto through established exchanges and the same thing is required by other exchanges such as Coinbase and Kraken.

After placing your order you’ll receive your crypto in a matter of minutes! Last time I made a purchase it took about 15 minutes for it to show up, but your experience may vary depending on the load of the network! So don’t worry if yours doesn’t show up immediately.

Step 3: Trading and Finding Litecoin

İn this article we wanted to buy some Litecoin, I would click “Exchange” in to upper left-hand corner, then “BTC Markets” since I bought Bitcoin using my credit-card, and then click “Litecoin” because that’s what I want!

Now there’s a metric ton of coins on Binance, so if you cannot find the one you want simply use the search function on the right-hand side of the screen to search for whatever you want!

Buying Litecoin

  1. Click on “Market” underneath the big price-graph
  2. Set the desired amount you want to buy or click simply click the “100%” button if you want to spend all your BTC.
  3. Click “Buy”


That’s it, now you’ve successfully completed a transaction between — in this case — Bitcoin and Litecoin. This process is 100% identical for all other pairs of coins!