How to Buy Litecoin LTC Buy Litecoin in 6 Simple Steps

As Bitcoin continues to gain traction, more opportunities for purchasing properties using cryptocurrency may emerge. MEXC and OKX only offer crypto trading pairs such as LTC/USDT, LTC/BTC, and LTC/ETH. You’ll need to already hold crypto to buy Litecoin on these exchanges. EToro offers a range of Litecoin trading pairs, including LTC/GBP and LTC/AUD. It includes two-factor authentication (2FA) and keeps users’ coins in cold storage wallets.

Get any of the 500+ supported cryptocurrencies in mere minutes with just a few clicks and at the best rates on the market. Apple Pay and Google Pay are the quickest how to buy litecoin ways to buy LTC with a credit or a debit card from your iOS or Android device. Download your free wallet to join and invest in the future of finance.

When Is the Next Bitcoin Halving?

Another way to buy crypto is through crypto exchanges, which make matches between buyers and sellers. They make money largely through fees on the transactions carried out on their platforms. Many sell Litecoin either for cash or in trade for other digital assets. Binance, the largest centralized cryptocurrency exchange globally, is renowned for its high liquidity, https://www.tokenexus.com/who-invented-ethereum-review-about-ethereum-creator-vitalik-buterin/ competitive fees, and extensive range of trading tools and products. It provides a robust platform for buying Litecoin, accommodating users with varied investment strategies and technical expertise. You’ll also want to ensure that the crypto exchange you choose offers Litecoin, which won’t be too difficult since it’s a popular digital currency.

• Over time, Litecoin’s price has increased, though it also has seen several shorter-term declines.
• Positive news, such as institutional adoption or regulatory clarity, can increase demand and the price of BTC.
• Mega Dice plans to change the platform by giving users daily rewards based on the casino’s performance.
• After a thorough review of various crypto exchanges, we found that eToro, OKX, and MEXC are the top three options.

This suggests increased token transactions and optimism about a potential upward trend, sparking enthusiasm and anticipation. Despite some seeing Litecoin as outdated and slow, the analyst points out that Bitcoin shares similar traits, and both coins complement each other. While some critics have been pessimistic about Litecoin over the last decade, one analyst argues that Litecoin’s long-term potential is overlooked. They believe Litecoin could hit a significant low relative to Bitcoin within the next few decades. This analyst also predicts its growth will accelerate as institutions and exchange-traded funds (ETFs) start including Litecoin. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

Choose How You Want to Buy Litecoin on KuCoin

On top of this, eToro stores clients’ fiat funds in top-tier bank accounts, which are segregated. KYC and AML checks are carried out to ensure no fraudulent accounts are made, and account activity is closely monitored. Paying in cash will be your only option unless you already own crypto.

Open your crypto wallet and welcome your newly purchased cryptocurrency. As among the 1st altcoins on the market, Litecoin typically holds its value better than newer altcoins with lower market capitalizations. Let’s take a look at a few of the advantages of the Litecoin network and technology.

Is Litecoin or Bitcoin better?

Litecoin was able to send payments faster than Bitcoin, but now Bitcoin’s Lightning Network makes Litecoin look quite heavy. While Litecoin does structurally improve upon Bitcoin’s technology, it still presents risks to investors. Litecoin’s rapidly aging infrastructure is no longer as unique as it was when the coin debuted in 2011, with many altcoins now offering the same benefits and efficiency. Litecoin’s founder, Charles Lee, also sold his stake in Litecoin in 2017, which has affected investor confidence.