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Buy Litecoin (LTC)

 

 

Litecoin is a peer-to-peer cryptocurrency that enables instant, near-zero cost payments to anyone in the world. Created in 2011 by former Google engineer Charles Lee, Litecoin was intended as “the silver to bitcoin's gold” and is based on Bitcoin’s open source codebase.

 

Just like Bitcoin, the world’s first altcoin is a crytocurrency that is generated by mining. However, mining Litecoin easier, faster and more cost effective than mining Bitcoin. Litecoin processes a block every 2.5 minutes, while the Bitcoin network does it every 10 minutes.

 

Due to its ease and transaction speed, Litecoin is already among the most accepted digital assets around the world and is typically in Top 10 of cryptocurrencies rated by their market cap.

 

 

How to buy Litecoin (LTC)?

 

It is not difficult to buy this coin, as the majority of crypto exchanges support it. Unlike some less popular coins, Litecoin can be purchased directly with fiat currencies.

 

We suppose the easiest way to buy Litecoins is with a credit card or bank wire. That is why we recommend Coinbase – a trusted exchange, which offers these payment methods. It is available in the United States, Canada, Europe, UK, Singapore, and Australia.

 

We have developed a short step-by-step guide that will help you buy some Litecoin:

 

1. Register at Coinbase.

 

 

>>Buy Litecoin at Coinbase<<

 

 

Registration at Coinbase is fast and easy. However, before you deposit some fiat currency, you need to verify your identity. This is a standard procedure, which shouldn’t take more than a few minutes.

 

2. Deposit.

 

At Coinbase, you are able to deposit and withdraw via bank wire (SEPA included), credit / debit card (Visa and MasterCard), as well as PayPal. Transaction fees vary by payment method and country, but generally credit card payments are charged with 4%.

 

3. Exchange your fiat money for Litecoin.

 

Coinbase’s platform is very simple and easy to use. You don’t actually need any previous experience to do that.

 

4. Keep it in a secure wallet.

 

Coinbase keeps the majority of its assests in cold storage, but you can also send your LTC coins to a number of secure wallets. There is a list of approved software wallets for Litecoin can be found in the 'download' section of their official site, so check it out.

 

Besides, if you want a more secure storage of your LTC, you can also use hardware wallets that plug into your computer like a USB stick. We recommend using a hardware wallet like the Ledger Nano S or the TREZOR.

 

 

Other options to trade in Litecoin

 

Of course, Litecoin can be purchased with another cryptocurrency such as Bitcoin or Ethereum on a number of exchanges. 

 

Yet another option is trading in Litecoin, without all the hassle that owning it involves – long addresses, wallets, and so on. You can do that with a forex broker that offers Litecoin CFDs.

 

 

>>Trade in Litecoin with a forex broker<<

 

 

Trading in cryptocurrencies with a forex broker has several strong sides. First, many of those companies are duly licensed, so it is generally safer compared to investing in exchanges (most of which are not regulated). Second, you don’t need to invest much with a forex broker, as all of them offer margin trading. Last but not least, trading in Cryptocurrency CFDs is simpler, as you only speculate on whether the price of Litecoin will to move up or down.

 

Forex

Buy Litecoin (LTC)

Broker Country Deposit Fees Trading Fees Review
USA CC: 4% SEPA: Free 1.5% Review Website
USA SEPA: free SWIFT: $10 0.26% Review
USA SEPA: free SWIFT: $10 0.25% Review
China Crypto only, free 0.03% Review
China Crypto only, free 0.10% Review
Japan Free 0% Review
UK SEPA: 1 EUR 0.35% Review
China Crypto Only: Free 0.15% Review
Australia no fee 0% Review
USA Approx. 1.8% - Review
Malta, Italy SEPA: €2.5, Crypto: 0.01% 0.2% Review
Decentralized Crypto: Free; CC: 27% 0.003 WAVES Review
Cyprus - 2.5% Review
BVI Wire: 0.1%, min $20 0.20% Review
Singapore Crypto: Free; CC:Unspecified 0.20% Review
UK Crypto only, free 0.10% Review
China 0.6% + Markup - Review
Norway $3,5 + 1% 1% Review
Japan No No Review
Singapore Crypto: Free 0.10% Review
China Crypto: Free 0.20% Review
Singapore, UAE 0.125% + $8 0.25% Review
Poland Wire: $5 max 0.25% Review
US Crypto only, free 0.2% Review
3.99% (cards only) 1.05% for BTC Review
Belize CC: $9.95+3% Wire: Free 0.5% Review
UK CC: 6% SEPA: €25 0.2% Review
Hong Kong No 0.1% Review
Brazil Wire: 1.99% + 2 R$ 0.70% Review
Mexico - 0.10% - 1.00% Review
Turkey - 0.15% Review
Honh Kong, UK No 0.1% Taker Review
Taiwan - 0.1% Review
Turkey Free 0.30% Review
N/A unspecified 0.15% taker Review
Canada no 0.2% Review
India Review
Hing Kong - 0.2% Taker;0.1% Maker Review
Turkey Bank Transfer: Free 0.15% Review
Poland Wire: Free 0.30% Review
Russia Unknown 0.30% Review
Hong Kong Crypto Only: Free 0.20% Review
India up to 2% for fiat; 0.001 BTC 0.3% Taker Review
Bulgaria 3% - Review
Argentina - 0.15% Review
UK no 1% Sell fee Review
N/A - 0.2% Review
N/A - 0.15 Taker Review
Russia Crypto only, free 0.20% Review
Unknown Crypto Only: Free 0.20% Review
UK 0.02% Taker Review
N/A - 0.1% Review
N/A No 0.20% Taker Review
- 0.65% Taker; 0.35% Maker Review
Brazil 0.5% BRL (fiat only) 0.35% Review
Croatia EUR 10 (SEPA and SWIFT) 0.29%Taker Review
Hong Kong Wire: Free 0.20% Review
India Bank Transfer: Free 1% Review
Poland, UK - 0.20% Taker; 0.10% Maker Review
N/A 0.10% Maker; 0.24% Taker Review
South Korea No 0.01% Review
Austria 1% SEPA; 2% CC up to 0.50% Review
Slovakia N/A 0,05% Review
Thailand No 0.25% Review
Turkey - 0.20% Review
Ukraine 2.75% (fiat) 0.1% Review
Seychelles, Poland 2 EUR (SEPA only) 0% - 0.15% Maker; 0.30% – 0.45% Taker Review
Singapore 3% (Perfect Money), 3.5% (Skrill) + 5.00 SGD or 8 USD (for fiat) up to 0.35% Review
Poland 1.8% -1.9% (Dotpay & Homepay) up to 0.3% Review
Taiwan No factored into the price Review
1% + 5 UAH (for fiat) 0.25% Review
USA Crypto only, free 0.25% Review
New Zealand No info 0.20% Review
Hong Kong, Russia up to 4.9% 0.10% Maker; 0.18% Taker Review
Russia, Belize network 0.1% Review
South Korea No 0.25% Review
India 10 INR 0.59% Maker; 1.18% Taker Review
Israel - 0.5% Review
- 0.15% Review
Denmark - miner only Review
Chile No 0.07% - 0.29% Review
Turkey Free 0.40% Review
US 5%-10% Review
US, Philippines vary spread mark-up Review
Russia? Up to 2% 0.15% Review
Singapore Crypto: free; CNY not clear 0.20% Review
UK, Russia 3.00 % (AdcCash) 0.10 – 0.20% Review
China, Cayman islands No, but 0.2% withdrawal None Review
UK Not specified 0.20% Review
Hing Kong No in the spread Review
Singapore Free 0.10% Review
China - - Review
Unknown Up to 6% 0.20% Review
Unknown Varies 0.25% Review
Unknown Crypto Only: Free - Review
Unknown Crypto Only: Free 0.20% Review
Payeer: 0% Wire: 5%+$22 0.20% Review
BVI Crypto Only: Free 1% Review
Australia Unspecified 0.20% Review
Japan Free 0.15% Review
UK SEPA and CC: Free 1% Review
China - 0.15% Review
Russia Only via NIX money, 0.50% 0.10% Review
N/A - 0.25% Review
Belize - - Review
Unknown 0.15% 0.15% Review

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