Litecoin is a prominent cryptocurrency followed by bitcoin and ethereum. Its market capitalization is around $6 billion. It could perform well in the future. In India limited cyrptocurrency exchanges offer litecoin trading. Recently, Zebpay had announced to provide litecoin trading on its app and Zebpay team is actively working to add more cryptocurrencies like bitcoin cash, ethereum, litecoin, and ripple. I’ve find another multi-coin cryptocurrecy exchange (Koinex) that lets you buy litecoin in India. You can also buy ethereum, bitcoin cash, ripple and bitcoin from this exchange. You can transfer your litecoin to other exchange from Koinex or you can keep your litecoin on Koinex if you’d like their services. In my recent post I’ve shown you how to buy ethereum from Koinex and in this tutorial I’m going to show you how to buy litecoin in India through Koinex.
You’ll need to perfrom following steps to buy litecoin from Koinex –
- Create and verify Koinex account
- Add money to your Koinex wallet
- Buy litecoin from Koinex
How to Buy Litecoin in India through Koinex
To buy litecoin from Koinex, first you’ll need to create an account on it. For that purpose, visit official website of Koinex or Sign up using this link and get free litecoin worth Rs. 50 on your first purchase.
Upon reaching on the website homepage, fill up sign form and then login to your account and upload your documents for verification. Verification takes 3-4 days. Once verification gets done then proceed to next step.
Once your account gets verified, add money to it to buy litecoin. You can click on Balances tab to see your Koinex account details (in which you’ve to deposit money using NEFT/IMPS/RTGS). Simply send money to given account using any of the given payment method using your internet banking or mobile banking service. You can read this post how to add money to Koinex wallet.
Once you add money to your Koinex wallet then you’re free to buy litecoin. To buy litecoin from Koinex, select litecoin from the navigation tabs. Then enter amount of litecoin(s) say 1, 2, 10, 100, you want to buy. Thereafter, enter current price of litecoin showing above the price field (see step 3 in above screenshot) and then hit Buy button.
Upon clicking on the button, a pop box will appear on your computer screen, simply hit Confirm button to buy litecoin from Koinex.
That’s it. You’ve successfully bought litecoin from Koinex. You can check your litecoin balance by clicking on Balances tab.
Disclaimer: This post is only for information purpose. Before buying ehtereum from this exchange, please verify its authenticity. Don’t take this post as an investment advise. We don’t hold any legal or financial responsibility, kindly buy and sell on your own risk.