If you want to know how to purchase litecoin, there’s some good news for you! Because the process of purchasing LTC through a debit or credit card is quite simple. A normal process starts with creating an account on a crypto platform that supports LTC trading and then depositing funds into your account. As soon as the funds have been transferred into your account, you can then place an order to buy litecoin with debit card instantly. Using one of the payment methods available, deposit funds into eToro.

Litecoin’s seen a decrease of -10% over the past year. Capitalize on the market movements with our trading solution featuring low fees and multiplier levels around x20. The amount is calculated based on the current market price and can slightly differ after execution. EXMO freezes the price for 60 seconds to make sure you will receive the agreed amount, not less. The crypto winter has not been an excuse to stop trading for EXMers. And that’s why we want to reward everyone who still believes in the crypto future during the most difficult times, with a unique achievement….

Choose a cryptocurrency exchange

In practice, this means that those without any crypto knowledge or trading experience can find trending investors who are doing well and automatically copy their trades. If you want to buy Litecoin, start by comparing a range of crypto brokers and exchanges available in the US. Look at their features, fees, security and overall reputation to decide which platform is the right fit for you. Consider an exchange registered with FinCEN for added peace of mind. You can swap any cryptocurrency you already own for LTC using the “swap” or “convert” service on some platforms.

Ledger is your gateway to buy, store and manage your Litecoin securely. Our solution lets you securely manage your Litecoin and more than 1800 different assets in one single app. Our Bluetooth® hardware wallet lets you manage and protect all your crypto on the go, including Litecoin. The biggest determinants of Litecoin price are playing coins, increased adoption, and risk-taking appetite.

What could be the best way to buy Litecoin?

You can https://www.beaxy.com/ litecoin on eToro in a few easy steps. Binance and Coinbase are also good options for buying LTC. Sell bitcoin or any other crypto and withdraw fiat funds to your payment card instantly. In the CEX.IO mobile app, you can also find the Exchange option. This service is useful when you need to switch between fiat currencies and cryptocurrencies even when there is no direct market available for trading.

Handling billions of dollars in transactions every day, Binance is the largest cryptocurrency exchange in the world by trading volume. It was also the first crypto exchange to operate using the United Kingdom’s Faster Payments Scheme. It’s more likely to accept US dollars and local payment methods like SWIFT, which helps avoid foreign exchange fees. You can use a P2P platform to find someone who will sell you LTC directly in exchange for cash.

best way to buy litecoin even has a unique CopyTrader system which allows users to automatically copy the trades of popular investors. When users decide to use Apple Pay to buy Litecoin or other cryptocurrencies. And also many wallets provide you with an easy way to buy litecoin and other cryptocurrencies using credit or debit card. Litecoin is one of the earliest cryptocurrencies in the web 3.0 landscape, hence, it’s listed on most cryptocurrency platforms that offer coin trading.

Make sure to store both of these privately and securely. When Litecoin’s price was at an all-time high in December 2017, the network’s founder Charlie Lee sold all of his LTC. Bitcoin’s founder – the anonymous Satoshi Nakamoto – has never sold even 1 of their 1.1 million BTC. Founders selling their tokens often undermines investor confidence. Litecoin bills itself as a payment network as it facilitates faster transactions than the Bitcoin network.

Store LTC — some users choose to hold Litecoin cryptocurrency on CEX.IO balance for a certain period of time, expecting its value to increase over time. After that, enter the amount in the selected primary currency and confirm the transaction. Your local currency will be converted based on your bank conversion rates and the purchased amount of crypto will appear in your CEX.IO balance. Ledger XRP best way to buy litecoin is one of the leading hardware wallets in the industry. Recently purchased the Nano Ledger X, and the simple, easy-to-use interface helped me to easily transfer my Bitcoins from Coinbase.

Click on “Trade” and you will see the screen to buy Litecoin with the current price and a graph on it. The creator of Litecoin, Charlie Lee, was a Google employee and was formerly the Director of Engineering at Coinbase. Charlie Lee is one of the most influential personalities in the crypto universe. Litecoin was created by Charlie Lee, an ex-CTO of Coinbase.

At the bottom of the page, you will also discover the top popular crypto traders. MoonPay offers a fast and easy way to buy Litecoin with credit card. Everyone must of course make this decision for themselves, based on their own personal finances and investment strategy.

These devices can connect to your PC, phone or tablet to transact with LTC. A few hardware wallets that support LTC include Leger, Trezor and BitBox. If you’re looking for a simple way to buy Litecoin, all you need to do is sign up with a crypto exchange. You can access it online with a computer, smartphone, or tablet to quickly buy and sell Litecoin and a range of other cryptocurrencies.

Spreads are represented in the price of an asset, so these fees can be sneaky. Spreads leave you paying more than you should for your crypto. For example, an exchange that charges a 1% spread will charge you an extra $50 for every $5,000 invested on the platform. Luckily, Interactive Brokers is one of the few platforms that doesn’t charge a spread, so you won’t have to put up with any hidden fees.

Your Litecoin are as secure as the wallet storing them. Ledger hardware wallets combined with Ledger live have been designed to help you secure your Litecoin and other cryptocurrencies. A Litecoin wallet helps you protect your private key, not storing your Litecoin. If you are fairly new to cryptocurrencies you might still be struggling with the concept of private key and why it’s so important.

However, if you have a low budget, avoid mining, as you need a decent initial investment to get started. In most cases, staking is more profitable as you don’t need to rent space or buy mining gear. Here you can analyze the best providers for each payment method when you buy Litecoin. Now, deposit funds into Binance using your preferred payment method. EToro is the best CFD broker for trading Litecoin, thanks to its intuitive UI/UX. Moreover, the platform offers an in-depth educational section to help you understand everything you need to know about getting started with eToro.

Therefore, it is recommended that advanced users rely on the trading feature to buy Litecoin to save fees on their trade. Coinbase is fairly popular and widespread as it allows depositing money through bank transfer, debit cards or domestic transfers. You can purchase litecoin using any of the above platforms mentioned in this guide. All allow you to buy litecoin using a debit or credit card.