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Buy Litecoin (LTC) with Credit or Debit Card Online Instantly
Buy Litecoin (LTC) with Credit or Debit Card Online Instantly
Enter the crypto world smoothly with Changelly, one of the leading crypto exchange platforms out there. Whether you are looking to buy Litecoin (LTC), Bitcoin (BTC), Ethereum (ETH), or any other digital asset with fiat money, Changelly is here to help you get the show on the road. Use a debit card, credit card, bank transfer, Apple Pay, or Google Pay to purchase the desired cryptocurrency with no fuss. Unrivaled security measures, 24/7 customer support, extremely low trading fees, and plentiful available coins – over 500 – will make your experience truly a breeze.
1 LTC ~ ... USD
LTC Live Price Chart
How to buy Litecoin in 5 Easy steps
Set the pair
Select the crypto you’d like to purchase, the fiat currency you want to buy crypto with, and your country of residence. Look through the best offers and choose the one that suits you most.
Enter your crypto wallet address
Fill in the required wallet address details in the entry field.
Verify your identity
Verify your identity with our providers to buy crypto without any hurdles. This will help to make sure no one but you uses or changes your payment information.
Confirm your payment
Follow the instructions on the screen and confirm your payment. Your purchased cryptocurrency will arrive in your crypto wallet soon.
Check your crypto wallet
That’s it! Open your crypto wallet and welcome your newly purchased cryptocurrency.
Many changes keep happening in the crypto sphere; hence, it becomes more difficult for customers, especially newcomers to the industry, to discover secure and trustworthy platforms to purchase, sell, and exchange cryptocurrencies. Our website, with its expertly-designed user-friendly interface and great privacy features, is one of the best options if you are aiming to purchase LTC Litecoin, as well as a range of other, over 400, cryptocurrencies.
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Purchase Litecoin with credit card/debit card (Mastercard or Visa), bank transfer, Google or Apple Pay
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Buy Litecoin instantly and get it within 30 minutes
Payment methods to buy Litecoin
A bank transfer is a secure option to buy cryptocurrency, especially if you are thinking of purchasing large amounts of virtual currency. Keep in mind that bank transfers may take a little longer, and fees may vary.
Apple Pay and Google Pay
Apple Pay and Google Pay are the quickest ways to buy LTC with a credit or a debit card from your iOS or Android device.
Credit or Debit Card
Credit or debit card payment is one of the effortless ways to buy LTC and other cryptocurrencies in a fast and secure manner. With Changelly, you can use a Visa or a Mastercard credit card issued in your local currency.
Faster Payments is a speedy payment method that allows residents of the United Kingdom to send payments in their local currency without incurring any additional exchange charges.
With a convenient iDEAL payment service, you can have your Bitcoins or Ethereum bought in no time! Payments with iDEAL are made using the mobile banking app or your own online banking system.
SEPA is a popular payment method for fast and easy payments in euros. It's the best option for you if you prioritize speed, cost, and security when buying crypto.
POLi is a widely used payment method for buying crypto. Apart from its protection measures that safeguard your personal and financial information, it also offers other benefits, such as low fees and fast processing times.
BPay is an intuitive, secure, and instant way to purchase cryptocurrency. Whether you want to buy a little or a lot, BPay makes it easy to schedule regular payments and make everyday crypto purchases.
Interac is the most popular payment method for instant crypto purchases in Canada. It's a quick, simple way to buy crypto using your bank account directly.
Buy Litecoin Without Any Hassle
Purchase your crypto with any payment method that suits you best. Start buying with as little as 30 USD or your local currency equivalent.
Why buy Litecoin on Changelly?
We take a comprehensive security approach to ensure your crypto investments and identity are safe. We provide quick crypto purchases to more than 2.6 million users every month.
Got any questions? We've got all the answers. Changelly offers personal support to each and every user. We are here to help you 24/7 with any challenges that you might face using our services.
Get any of the 500+ supported cryptocurrencies in mere minutes with just a few clicks and at the best rates on the market.
All premium offers in one spot
We aggregate crypto offers from a variety of fiat payment providers so that you can always find the very best one.
Is Litecoin A Risky Investment?
Investing in Litecoin comes with its fair share of risks, just like any other investment. One major risk is the volatility of the cryptocurrency market. The value of Litecoin, along with other cryptocurrencies, can change rapidly and unpredictably, making it challenging to predict its long-term value.
Another risk to consider is the potential for hacking and fraud. Unlike traditional currency, cryptocurrencies are not backed by any government or financial institution, which makes them more susceptible to hacking and fraudulent activities. To protect your investment, it's important to be cautious and take necessary steps, such as using a trustworthy cryptocurrency exchange and storing your Litecoin securely in a reliable wallet.
Lastly, there is the risk of regulatory changes. Governments worldwide are still figuring out how to regulate cryptocurrencies. It's possible that future regulations could negatively affect the value of Litecoin. It's important for investors to stay informed about regulatory developments and be ready to adjust their investments accordingly.
What is The Cheapest Way to Buy Litecoin?
The cheapest way to buy Litecoin is a cryptocurrency exchange platform Changelly. Since Changelly offers the Best Rate Guarantee feature, users are able to compare dozens of Litecoin offers across multiple exchanges and trading platforms, and pick the cheapest deal currently available at the market. Plus, Changelly charges some of the lowest fees in the industry of just 0.25% per transaction, allowing users to buy cryptocurrencies like Litecoin in an utterly cost-effective way.
What are the fees to buy Litecoin?
Fiat transaction fees often change on the side of our fiat providers since they are a dynamic value that depends on the market conditions and the competitive environment in the fiat aggregator. You can always check the commission via our support or a particular provider. Nonetheless, it's generally between 5% and 11%.
In which countries can I purchase Litecoin with a credit card?
You can purchase cryptocurrency with a credit card if your card issuer and payment network allow this transaction type in a particular region.
However, some issuing banks have their own terms regarding where and when those cards can be used and may decline transactions on their side. Depending on internal politics in regard to cryptocurrency operations, services may be limited in some countries.
Which credit cards are accepted for crypto purchases?
Our fiat provider partners accept most major credit cards, including Visa and MasterCard. Some virtual, prepaid, and debit cards are also accepted. However, some issuing banks have their own terms regarding where and when those cards can be used and may decline the charge on their side.
Please note that depending on internal politics in regard to cryptocurrency operations, services may be limited in some countries.
How long does it take to process LTC purchase transactions made via credit cards?
The transaction processing time for purchases depends on the issuing bank running your transaction. Basically, GBP and USD transfers are usually processed within 1 working day, and EUR transfers are processed within 1 to 3 working days.
What types of bank transfers are supported for crypto purchases?
Our fiat provider partners offer a number of ways for you to complete your cryptocurrency purchase.
Crypto purchases are available via the following bank transfer types:
- SEPA – for bank transfers made in Europe
- Interac – for bank transfers made in Canada
- Pay ID – for bank transfers made in Australia
- Faster Payments – for bank transfers made in the UK
- Wire Transfer – for bank transfers in the USA
Please note that not all the methods are available globally, so please check and confirm whether you have access to a specific payment method.
How long does it take to process crypto purchase transactions via bank transfer?
The time to process your order can vary due to several factors:
- The chosen payment method
- Whether this is your first order with a particular provider
- Blockchain network load
Bank transfer orders that are executed smoothly generally take from 30 minutes to 5 business days to be completed.
However, some aspects of the process are outside of our or our provider's control — namely, delays caused by your chosen payment method and external compliance checks.
What should I do if Changelly does not support the national currency of my country?
You can try to purchase crypto with your bank card and choose USD or EUR as a fiat currency instead of your local currency. Your local currency will be converted to USD or EUR at the rate of your bank.
Alternatively, you can issue a credit card in USD or other supported fiat currency and try to purchase crypto with it.
How to buy Litecoin privately?
On Changelly, you can purchase Litecoin and over 500 cryptocurrencies anonymously. This means that our platform requires no registration and no verification for crypto purchases so that you can buy LTC crypto securely, without being tracked.
The option to buy cryptocurrencies privately depends on various factors, including the volume of your transaction.
While it’s possible to buy cryptocurrency anonymously, taking appropriate precautions can help ensure a more secure transaction.
Do I need an ID to purchase Litecoin?
Changelly partners with Simplex, MoonPay, and Banxa for fiat-to-crypto transactions. These providers enable you to use your credit card or debit card as well as such payment options as Apple Pay, Google Pay, or bank transfer.
You can invest in Litecoin crypto with an easy verification process or no verification at all, depending on the amount of your crypto purchase. For some LTC transactions, our providers might require you to pass the KYC check with the easiest ID verification to buy cryptocurrency.
Can I buy Litecoin without passing the KYC verification on Changelly?
Simplex and MoonPay, our providers for fiat-to-crypto transactions, allow buying cryptocurrency without a verified ID. Only card details should be enough if the Litecoin purchase amount is below a certain point. Yet, they might still demand you to pass the KYC check with an easy and quick verification process.
If you opt to purchase LTC cryptocurrency through Banxa, they will require you to comply with their KYC requirements, no matter the size of the crypto purchase.
Is it safe to share my personal data while passing ID verification?
Designed to verify your identity, KYC processes rely on biometric data nowadays. Your information is not transmitted between servers. Your personal data is encrypted, and your own storage space is created.
How to buy large amounts of Litecoin on Changelly?
For larger volume deals, instant cryptocurrency exchange Changelly launched the crypto OTC platform.
OTC stands for over-the-counter trading, which is done directly between two parties without the supervision of an exchange. You will be assisted by an individual crypto OTC broker with whom you will be able to discuss all the details and conditions of the deal.
Changelly has acquired an impressive number of reliable partners and liquidity providers supporting OTC transactions at the best rates possible.
Got any questions about the LTC purchase on Changelly?
We tried to gather all the necessary information about the LTC purchase on this page. Yet, the crypto world can be darned confounded. If you still have questions, check out the FAQ page or contact our support team 24/7.
Keep your Litecoin safe and sound
If you are searching for the best cryptocurrency wallets for your favorite coins, look no further! Whether you are a crypto pro or just starting out, these wallets might be a good option for crypto storage.
Integrating Changelly services into Trezor Wallet's exchange has been a great success for all parties, especially the users. Working with Changelly is a pleasure, thanks to their professional and courteous approach.
Changelly is the best option for users to access the most cost-savvy rates
With Changelly's stellar team, we have developed a unique system to ensure exchanges are fulfilled in the fastest possible time and with immediate customer support.
We are thrilled to partner with Changelly to provide an exceptional trading experience: anytime, anywhere - in a few simple taps!
More cryptos to buy
Exchange Crypto with Lowest Fees
Make the most of your LTC exchange with the lowest fees on Changelly.
What is Litecoin?
Litecoin LTC is a peer-to-peer (p2p) digital currency that facilitates instantaneous, cheap payments across the planet. Litecoin is also an open-source, global payment network that is fully decentralized and free from censorship, meaning it is not controlled by any central authority. The network is mathematically secured, and it empowers individuals to control their own finances.
The Litecoin project is released under the MIT/X11 license, which gives users the ability to run, modify, and copy the Litecoin software and to distribute modified copies of it. The software is released in a transparent process that allows for independent verification of binaries and their corresponding source code.
The Litecoin blockchain can handle higher transaction volumes compared to its major rival – Bitcoin. Thanks to more frequent block generation, the Litecoin network can process more transactions without a need to modify the software in the future. This means that merchants can get faster payment confirmations, but still have the option to wait for more confirmations when selling expensive items.
Litecoin (LTC) is also suitable for mining. As a reward, Litecoin miners currently receive 12.5 new LTC coins per block. Yet, this amount is halved roughly every 4 years (every 840,000 blocks). The Litecoin mining algorithm is therefore programmed to generate 84 million LTC coins as the maximum supply, which is 4 times as many as the scheduled total supply of Bitcoin (which is designed to produce only 21 million coins).
The beauty of this blockchain technology is that it adapts to make sure a Litecoin block is created about every 2.5 minutes, which is much faster compared to the 10-minute average of Bitcoin.
Litecoin developers employ Scrypt, a specialized cryptographic algorithm, in the Litecoin blockchain. Unlike other algorithms, Scrypt prioritizes memory usage rather than computational power, making it less susceptible to being dominated by specialized mining hardware. This approach allows users to mine Litecoin using common hardware like CPUs and GPUs, promoting a more decentralized mining process. Additionally, Scrypt enhances the speed and efficiency of block generation, resulting in quicker confirmation times.
The Litecoin Foundation is a non-profit organization established to support and promote the development and adoption of the Litecoin cryptocurrency. It was founded by Charlie Lee, the creator of Litecoin, with a mission to advance the use of digital currencies and blockchain technology. The foundation focuses on various activities including advancing the core development of Litecoin, funding key initiatives, fostering partnerships with businesses and organizations, and educating the public about the benefits of Litecoin. Through its endeavors, the Litecoin Foundation strives to contribute to the growth and sustainability of the Litecoin ecosystem, making it a trusted and widely used Internet currency.
Who Created Litecoin?
Litecoin was created by Charlie Lee, a former Google engineer and cryptocurrency enthusiast, in October 2011. Charlie Lee set out to create a digital currency that would overcome the limitations of Bitcoin and offer faster transaction confirmation times, improved scalability, and a different mining algorithm that would make it more accessible to a wider range of individuals. Inspired by Bitcoin, he developed Litecoin as an open-source project touted as “the silver to Bitcoin’s gold,” which gained significant popularity over time. Charlie Lee's creation of Litecoin has made him a prominent figure in the cryptocurrency community, and he continues to actively contribute to its development and advocacy.
How Is Litecoin's Market Price Determined?
How does the Litecoin price get determined? It's not like traditional currencies where banks and central banks make the decisions.
For cryptocurrencies, especially decentralized ones like Litecoin, the price is dictated by the market movements. It's all about supply and demand – when there's high demand, the price goes up, and when demand is low, the price drops.
The value of Litecoin depends on how many coins are bought and sold. Unlike traditional currencies, it has a limited supply of 84 million coins. So, every time you buy or sell Litecoin, even if it's a small amount, you're contributing to the price swings.
There are multiple factors that can startle the crypto market and in turn affect the LTC price.
First, there are legal and tax regulations that can change from time to time and impact investor decisions.
Then, there's the reputation of Litecoin, which is affected by how the media portrays it and how the public perceives it. Innovations in the cryptocurrency world also play a role in reputation, and being linked to decentralized finance is definitely an advantage for Litecoin.
Market supply is another factor to consider – the number of new coins being mined affects the overall supply of Litecoin.
Additionally, Bitcoin's price can have an indirect influence on the price of Litecoin, as they are often seen as interconnected in the cryptocurrency market.
Lastly, the real-world applications of Litecoin, or what you can actually buy with it, also put a pressure on its value.
Why Buy Litecoin (LTC)?
If you're considering purchasing Litecoin, there are several reasons why it can be a profitable investment.
Increasing Adoption by Major Institutions
Litecoin has gained significant adoption from mainstream institutions since its inception. Major merchants like BitPay and Travala accept LTC as payment, with over 3,070 merchants taking LTC coins as of now. This widespread acceptance demonstrates the real-world applications and potential of Litecoin.
Real-World Use Cases
Litecoin has also been adopted as a payment method by well-known companies, such as the Canadian internet service provider Oxio. Its popularity among new customers played a role in this decision. Moreover, the Litecoin Foundation announced that Visa would enable LTC holders to spend their cryptocurrency via the Litecoin Card. These developments further establish Litecoin as a viable investment option.
Faster Transaction Processing
Another reason to purchase Litecoin is its four times faster transaction processing compared to Bitcoin. While Bitcoin takes approximately 10 minutes to generate a block, Litecoin only takes around 2.5 minutes. This efficiency makes Litecoin ideal for small and quick transactions.
Strong Team and Community
Litecoin boasts a solid team, led by its creator Charlie Lee, which contributes to its success. Additionally, the project has a passionate and extensive community dedicated to improving and enhancing the cryptocurrency. This collaboration between the team and the community strengthens Litecoin's position in the market.
Considering all of these factors, Litecoin has the potential to be a successful long-term investment. It possesses the necessary characteristics of a thriving cryptocurrency and shows promise for adoption by mainstream institutions. With its faster transaction speeds, lower costs, enhanced security, dedicated team and community, and a solid market cap, Litecoin might offer a good investment opportunity for the long haul.
Before you invest in Litecoin or any other crypto asset, you should perform your own research and evaluate your personal risk tolerance. LTC is a volatile asset, meaning its price can change radically within short periods. Lacking censorship and government control, market behavior of cryptocurrencies like Litecoin is hard to predict, and past performance of a digital asset does not guarantee the same performance in the future. Purchase Litecoin with caution.
Best Ways to Buy Litecoin (LTC) Safely
If you want to purchase Litecoin safely, your best bet is to use a reliable platform for cryptocurrency exchanges, such as Changelly. Crypto exchanges allow you to buy LTC online, from the comfort of your home.
Such platforms are perfectly optimized for beginner traders, as they support multiple ways to invest in cryptocurrencies with ease, including debit and credit cards, wire transfers, e-wallets, and more.
Online crypto exchanges prioritize security by implementing strong encryption methods and utilizing two-factor authentication to create a secure environment for cryptocurrency transactions. When it comes to Changelly, it stands as one of the leading cryptocurrency exchange platforms to buy Litecoin instantly. Users have the convenience of buying, selling, and swapping digital assets directly from their own personal wallets.
Changelly has this nifty tool called the Best Rate Guarantee. So, here's the deal: when you start buying Litecoin (LTC), Changelly's fancy algorithm goes on a mission. It checks out a bunch of different cryptocurrency exchanges and liquidity providers that it partners with to find you the absolute best exchange rate for your transaction.
Once you see that rate at the start, it's locked in for the whole shebang, no matter how the market swings. Changelly's got your back! Even if the rate changes before the transaction is completed, you will still receive the initially quoted rate. With the platform’s some of the lowest fees in the industry equal to 0.25% per trade, investing in cryptocurrencies through Changelly becomes truly beneficial.
How to Buy Litecoin with a Credit and Debit Card
Purchasing Litecoin with a credit or debit card is not a rocket science. This digital asset is available on over 240 major exchanges, including Changelly, and most of them are eager to accept credit and debit cards issued by Mastercard, VISA, Union Pay, and American Express.
Here is an easy step-by-step guide to how you can become a proud owner of LTC using your credit or debit card.
Search for a trusted Exchange
Start by exploring different cryptocurrency exchanges that offer Litecoin trading and comparing their features. Look for well-established platforms that have a good track record of security, positive user reviews, and low fees.
Create an Account
Once you have selected a company that suits your needs, visit their website and open an account, which is often free. As a rule, you will need to include your valid email address, devise a strong password, and agree to the terms and conditions of the provider.
Pass KYC Check
In order to comply with regulations and secure their platform against different risks, most exchanges mandate users to complete a Know Your Customer verification procedure. This commonly involves uploading a picture of your valid ID document, such as a passport or driver's license, as well as taking a selfie or completing a facial recognition procedure on the platform before you can buy Litecoin.
Purchase Litecoin with a Credit or Debit Card
As soon as your account is verified, go invest in LTC! Navigate to the "Buy Crypto'' section on the exchange's website, choose Litecoin as your coveted cryptocurrency, enter how many LTC coins you wish to purchase, and pick the payment method as "Credit Card/Debit Card". The platform will instruct you on how to enter your card details, so you can quickly complete the transaction. Once the Litecoin purchase is successful, your coins will instantly drop into your wallet.
Keep in mind that when it comes to buying Litecoin (LTC) from crypto companies, there are two types to consider: custodial and non-custodial.
With a custodial crypto exchange, your LTC tokens will be stored in a vault integrated within the same platform, and it will be kept online for you.
With a non-custodial service like Changelly, you'll need to provide your personal wallet address when purchasing LTC. If you don't have a wallet yet, don't worry! Changelly can help you get one right away. We've partnered with top crypto wallet providers such as Ledger and Trezor to ensure that you can securely store and manage your cryptocurrencies after making an investment.
How to Buy Litecoin with Bank Transfer
When you want to buy Litecoin online using a wire transfer (for example a SEPA bank transfer), the process is similar to utilizing a debit or credit card. First, you find a trustworthy cryptocurrency exchange (such as Changelly), set up an account, verify your identity, and start the process of buying Litecoin.
Instead of choosing a card payment, you select "Wire Transfers/Bank Transfers" and enter your bank account details. Once you review the Litecoin transaction and confirm the payment, your dear Litecoins will be released to your wallet.
Note that, when you want to buy Litecoin, your bank may charge a transaction fee for sending money from your bank account to that of a crypto exchange. Wire transfers also take longer to settle compared to other payment methods, so you may need to wait several days for your crypto coins to arrive.
How to buy Litecoin with Apple Pay or Google Pay
Apple Pay and Google Pay often act as a preferred payment method when it comes to buying Litecoin or other cryptocurrencies online.
Both Apple Pay and Google Pay offer great security features. With Apple Pay, your transaction details are encrypted and tokenized, meaning your actual card details are not shared with the seller. Apple Pay also requires Touch ID or Face ID authentication for every transaction, adding an extra layer of protection.
On the other hand, Google Pay utilizes multiple layers of security, including encryption and tokenization, to keep your payment information secure. Additionally, Google Pay requires your device to be unlocked or authenticated before a transaction can be completed. These security features help safeguard your personal and financial credentials when purchasing cryptocurrency through these payment schemes.
Many cryptocurrency exchanges, including Changelly, allow users to buy cryptocurrency using Apple Pay or Google Pay. To purchase LTC, you need to visit the iOS App Store or Google Play Store (depending on whether you have an Apple or Android mobile device). Then you need to find and install the mobile application of your chosen crypto platform and log in to your account (or create one if you're a new user).
From there, you can initiate the LTC purchase process. Select the target crypto asset from the list of available cryptocurrencies, specify the amount of LTC you wish to purchase. Next, choose your preferred fiat currency (like US Dollar or Euro), and pick "Apple Pay and Google Pay" as your payment option.
After confirming the transaction as prescribed by your Apple Pay and Google Pay system, the crypto platform will swiftly transfer LTC tokens to your wallet. Now you are one of the LTC holders!
How to Buy Litecoin (LTC) with PayPal
Customers in certain countries, such as the U.S. and U.S. Territories, can buy Litecoin, Bitcoin Cash, Bitcoin, and Ethereum directly via PayPal. PayPal can also be used to sell Litecoin or other supported cryptos, as well as to store and transfer assets to and from the platform.
Apart from allowing you to purchase a few virtual currencies, PayPal also enables seamless crypto-to-fiat conversions, called "Checkout with Crypto" feature. With it, you can use PayPal crypto balance to buy products and services at stores, paying with LTC like you would do with traditional fiat currencies.
If you're in a location where your PayPal account can't be used for crypto investing, don't worry! There are workarounds available. Peer-to-peer exchanges, like Paxful and Simplex, enable transactions with PayPal funds. All you need to do is set up an account and publish a bid to purchase or sell Litecoin, specifying your preferred payment method and desired price.
Some crypto brokers, such as eToro, have also jumped on the crypto trading bandwagon and now accept PayPal as a funding source. These brokerages may even offer advanced trading features like futures contracts on Litecoin, allowing traders to speculate on its future value without actually owning the coins.
A few exchanges, like VirWox, allow users to buy and sell various cryptocurrencies, including Litecoin, using PayPal as a payment method. However, not all large crypto exchanges can support PayPal as a deposit mode, or they may have certain limitations or requirements in terms of verification, fees, or transaction limits. You should review the terms and conditions of each trading platform before making any transactions.
How to Buy Litecoin from an ATM
With a crypto ATM (automated teller machine), you can buy Litecoin instantly. These cryptocurrency vending machines, adorned with sleek design and cutting-edge technology, provide a gateway to the realm of digital currencies.
With a simple swipe or tap, they unlock investment possibilities for crypto enthusiasts and novices alike. In mere seconds, a crypto ATM can transform your physical cash into the digital currency like Litecoin, letting you enter the crypto market with little to no effort. Here is an instruction to purchasing Litecoin from an ATM.
Get a Litecoin Wallet
You should get an LTC-friendly wallet before you buy Litecoin from a machine. You'll need to bring this wallet (or a printed QR code) along with you, to the machine. Note, if your crypto wallet does not support Litecoin, you will lose your investment.
Find a crypto ATM near You
Websites like Coin ATM Radar allow you to identify crypto or Bitcoin ATMs in your location. You can customize your search by the desired crypto asset, supported fiat currency, and the nature of operation (“buy or sell”). All you need is the QR code for your wallet address and some cash.
Scan a Crypto Wallet QR Code
To get started, simply go up to the machine and give its touchscreen a gentle tap. It'll come to life, guiding you through the whole process.
Next, choose the cryptocurrency you want to work with – in this case, go ahead and select LTC (you can buy Bitcoin Cash or any other supported coin, too).
Now, retrieve your digital wallet and locate the QR code associated with your Litecoin address. Hold it up to the machine's camera, so it can scan it and have all the necessary information to send your LTC to the right place once you're done.
Keep in mind that for bigger LTC transactions, you might need to verify your identity. But don't worry, it's just a precautionary measure to ensure everything goes smoothly.
Complete Buying Litecoin
Once you've scanned the QR code, the ATM will prompt you to insert your banknotes to purchase LTC. To complete the purchase, simply confirm the amount of currency you've deposited on the screen. Keep in mind that there may be a transaction fee, which can vary depending on the ATM operator and the current Litecoin market price.
Send Litecoin to the Wallet
After completing the Litecoin purchase, your crypto assets will be sent to the address you provided. Usually, transactions happen quickly, although in rare instances it may take several minutes, depending on the Litecoin network congestion.
How to Buy Litecoin with Cash
If you are not ready to buy Litecoin online using the fiat currency held on your card or bank account balance, there are multiple ways to incorporate hard cold cash.
The platform LitecoinLocal net presents the easiest way to find people buying/selling Litecoin for cash.
Other ways to buy Litecoin with cash include the Local Litecoins subreddit and this Facebook group. Expresscoin supports cash deposit at Credit Unions participating in Shared Branching.
247exchange supports cash deposit for buying Litecoin and express cash transfers (via MoneyPolo and its partners) all over the world.
CoinTouch helps you find people willing to buy and sell Litecoin in your extended social network, for cash trading (or other payment options).
How to Buy Litecoin with a Prepaid Card
Prepaid cards are a convenient way to make payments because they already have money loaded onto them. They're great for managing your spending and staying within your budget. When the funds on the card run out, just add more money to it so you can keep making purchases.
There are plenty of places where you can use prepaid cards to buy Litecoin. To get started, follow these simple steps:
Find a trustworthy crypto trading platform or exchange that accepts prepaid cards for Litecoin transactions.
Create an account on the platform you choose by entering your email, full name, phone number, and password. Remember to activate your account by clicking on the link they send to your email.
Provide the necessary documents to verify your new account. This step might take some time, but some platforms may let you access certain features without going through the KYC process.
Once your account is verified, enter the details of your prepaid card to make your Litecoin purchase. Specify the amount of LTC you want to buy and wait for the transaction to be confirmed.
Check your wallet to make sure the Litecoin was successfully sent. You can do this by going to your wallet and checking the balance of your LTC.
With these simple steps, you can use your prepaid card to buy LTC hassle-free.
What Can You Buy With Litecoin (LTC)?
An online service cryptwerk com offers a map of all the places where you can spend your precious Litecoin (LTC). There are over 3200 companies, service providers, and merchants worldwide eager to trade their goods and services for your LTC coins. You can easily spend your LTC crypto on shopping, gaming, traveling, renting, web development, gambling, and even luxury. Cryptwerk allows you to search for Litecoin-friendly companies by location or by a category of goods/services.
Another way to spend Litecoin is through a crypto debit card. Providers, like Wirex, Coinbase, Cryptopay, and Revolut, allow you to get a Litecoin debit card that works similarly to a traditional VISA or Mastercard. It means, with such a card, you can spend your LTC crypto like traditional currency, both online and at brick-and-mortar stores.
Where to Store Your Litecoins?
You have a few options when you need to safely store Litecoin (LTC). Litecoin can be stored in a digital wallet, specialty hardware device, or online through a crypto exchange. You can manage, store, and send fractions of a coin to anyone else who has an LTC wallet, no matter where they are or what time it is, as the Litecoin network runs non-stop.
Litecoin wallet types include:
Hardware wallets. A hardware wallet is alternatively called a cold storage wallet because it presents a physical USB-like device that is offline. A cold wallet is a physical key to the crypto world.
Mobile wallets. A mobile wallet refers to hot storage solutions because they exist in an online realm. Installed on your mobile device, such a wallet lets you store LTC, send, receive, and trade cryptocurrency on the go, with a private key generally kept in the confines of your device.
Web-based wallets. Such a cryptocurrency wallet is also hot storage and presents an online exchange or browser extension. Hot wallets often offer plentiful features to users, such as interest-bearing accounts, portfolio tracking, crypto purchases with fiat currencies, and more. Yet they are online, meaning they are exposed to various cyber threats.
Desktop wallets. Such a wallet is downloaded to your PC. Litecoin Core is the official wallet of Litecoin and a full node Client. It allows you to store, sell, send, and buy Litecoin instantly. Managing transactions and issuing money are carried out collectively by the network. Litecoin Core is the name of open source software which enables the use of this currency.
How to Cash Out Litecoin?
To sell Litecoin for cash, you can rely on the same platforms where you initially bought the cryptocurrency. These include cryptocurrency exchanges, P2P marketplaces, PayPal, and crypto ATMs. The process for selling Litecoin is often similar to purchasing it.
Fees are charged by different platforms based on your trading volume. Some companies may also charge withdrawal fees when customers cash out their LTC via a specific modus, for example, to a bank account or third-party payment system.
A few exchanges typically establish daily and monthly withdrawal limits, which may stop you from withdrawing large amounts of LTC.
Other platforms may have no restrictions on how much LTC you can sell and withdraw.
You can actually trade Litecoin for cold hard cash by using gift cards. There are a bunch of online platforms and marketplaces where you can trade LTC for gift cards from big-name stores, like Amazon, Walmart, and iTunes. Just remember that these platforms usually charge a fee, which depends on how much LTC you want to trade and which gift card you want to get. Some popular options for exchanging Litecoin for gift cards include: