What is Litecoin (LTC)? - An Overview

Litecoin (LTC) is a peer-to-peer (P2P) cryptocurrency that was created by the Charlie Lee in 2011, one of the former Google Employee). It has many similarities with Bitcoin and is also derived from the Bitcoin’s original source code. Litecoin (LTC) was designed to be used for the cheaper transactions and it should be more efficient for the day-to-day use. The coin limit maket cap value for the Litecoin is higher than bitcoin, and the process for mining is easy and faster which means transactions are cheper and moreover it is smaller in size. Like Bitcoin, Litecoin is also a cryptocurrency, utilizing blockchain technology, can be used to transfer funds directly between invidual users or businesses.

How do traders buy, sell, and trade Litecoin (LTC) in India?

Like other major cryptocurrencies, LTC is also available on several exchanges like Koinbazar. Do you want to invest in Litecoin (LTC)? Then Koinbazar would be one of the best crypto exchange platforms where you can exchange LTC to INR easily. Koinbazar supports instant INR and crypto deposit options. which makes it easy for traders to invest in any cryptocurrencies which like the most.

To invest and get a good return from it, check the website, sign up with Koinbazar, Complete KYC, link your bank account, deposit your funds and start trading. For the Indian user who has completed the above-mentioned details, you will get 50 KBC tokens FREE and it gets deposited into your Koinbazar account wallet. And also you want to earn more from the Koinbazar referral program, share the referral link (or) code with your friends to earn 50 FREE KBC tokens and also get 50% commission on their trading fees.

How to buy, sell and trade LTC with INR from Koinbazar?

Here's a step-by-step procedure for users to buy LTC with INR from Koinbazar.

Step 1:

Visit the Koinbazar website.

Step 2:

If you are already a registered user, choose 'SIGN IN' at the top right corner of the website to log into your account. if you are a new user, click 'SIGN UP' in the top-right corner to register your account.

Step 3:

After you sign into the account, choose "MY ACCOUNT" at the right top of the list.

Step 4:

Choose KYC verification under MY ACCOUNT.

Step 5:

Update the KYC authentication section requested details and identity certificates and then click 'SAVE'.

Step 6:

Choose 'BANK DETAILS' and update your required information. Click "SUBMIT" then.

Step 7:

Go to ‘Assets’ and select ‘Deposit’.

Step 8:

Transfer your required funds to be deposited in either crypto (or) fiat.

Step 9:

Choose 'Manual Deposit' and update the account information in the required pages, as needed And also instant INR deposit options available. Your transferred amount will be credited to your wallet after a check by the administrator.

Step 10:

Now, go to the home page, select ‘TRADE’.

Step 11:

On the trading page, choose ‘SELECT INR MARKET’ and select LTC/INR pair to buy Litecoin with INR.

Trade LTC/INR -->https://www.koinbazar.com/trade/LTC-INR

Step 12:

At the bottom left of the page, start trading by setting the order type and order value you would like to buy.