how to buy litecoin

Uphold is a multi-asset trading platform with support for stocks, precious metals, national currencies, and cryptocurrencies. More than 80 cryptocurrencies are available on this platform, including Litecoin, which can be bought, sold, and exchanged for gold, Bitcoin, stocks, and fiat currency, among others. In the U.S., investors can buy Litecoin through centralized exchanges like Coinbase, Binance US, and OKX, which offer a secure and regulated platform for trading. Decentralized exchanges provide a peer-to-peer trading environment without intermediaries.

how to buy litecoin

Buy Litecoin (LTC) with a Credit or Debit Card

how to buy litecoin

Some are for speculation on the open market, and others are more attracted to its faster validation process. If you are still in doubt about whether to buy Litecoin or not, we list a few reasons why we think you should buy Litecoin today. As with any asset, the values of digital currencies may fluctuate significantly…. CryptoRocket charges low deposits with a minimum deposit of only $10. However, deposit methods on CryptoRocket are limited, unlike other services.

Is Litecoin better than Bitcoin?

This is great for traders who want to liquidate their position when making a profit. The value of digital currencies can go up or down frequently…. The trading https://www.tokenexus.com/ service was founded in 2008 in Israel and is under the Plus500UK Ltd brand. It is an easy and simple-to-use platform that offers a seamless trading experience.

Best Crypto Exchanges, Apps & Platforms

Many investors view Bitcoin as a hedge against inflation, earning it the nickname “digital gold” in the financial market. Amid central banks’ monetary easing, equity market volatility, and rising gold prices, numerous investors have turned to Bitcoin for its high returns. OKX distinguishes itself with competitive fees, a diverse selection of trading pairs, and advanced trading features, catering to a broad spectrum of investors. Beyond how to buy litecoin traditional exchange services, OKX extends into DeFi and on-chain services, offering a comprehensive crypto experience for users seeking more than just trading. If you plan on using Litecoin as an investment, you’ll probably do better by opening an account at a crypto exchange. Whether you’re new to cryptocurrency or well-versed in digital currency, there might come a time when you want to add Litecoin (LTC) to your holdings.

how to buy litecoin

Litecoin is often called “the silver to Bitcoin’s gold,” although it’s a completely separate cryptocurrency. For a full look at that process, check out our guide on how to trade bitcoin for other cryptocurrencies. The only other way to get hold of Litecoin is to trade it for another cryptocurrency like bitcoin. If you do have some alternative tokens you want to trade, you can use asset exchange websites like ShapeShift or Changelly for a more automated experience. You can also use Paxful or indeed Cointal, to make direct trades with one cryptocurrency for another. To use Cointal, head to the site’s homepage and input either how much USD you’re willing to spend, or how much Litecoin you want to purchase and click the “find an offer,” button.

  • Some are for speculation on the open market, and others are more attracted to its faster validation process.
  • Coinbase has a unique interface that is geared toward beginners or newbies.
  • But, unfortunately, in some cases, it’s so easy that you can make a costly mistake if you’re not careful.
  • However, great profits often come with great risks, and you must exert proper risk management to reduce the risks of losses in the volatile crypto market.
  • Fill in your card details, including the card number, expiration date, and CVV.

Step 4 – Specify receiving asset

Do I need an ID to purchase Litecoin?

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