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Charlie Lee, a computer scientist, took Bitcoin’s core code and made modifications to them. He launched the project in October 2011 through a message he posted on a Bitcoin forum. Completing the CAPTCHA proves to us that you’re a human and gives you access to our platform. For depositing LTC, go to the Finance page on the CEX.IO website and click “Deposit” next to your LTC balance. From there your Litecoin wallet address on CEX.IO appear and you can deposit LTC to this address.
Buying Litecoin on CEX.io
PayPal is a trusted payment processor that has been operating in the fintech industry for over a decade, making it a trustworthy method for buying Litecoin. However, if you want to store your Litecoin elsewhere, then you can transfer it to a cold storage crypto https://cryptominer.services/china-says-state-cryptocurrency-set-to-rival/ wallet like Ledger Nano X. The eToro mobile app has a score of 4.1 out of 5 on Google Play and 4.7 out of 5 on the App Store. The high user scores indicate that the eToro app offers users a great trading and investment experience and competitive features.
Select Litecoin as the asset you wish to purchase and select the desired payment method to confirm your transaction. PayPal offers instant deposit speeds, so it’s among the fastest methods of buying Litecoin. Occasionally, PayPal’s customer support team may hold transactions for inspection, which can take 1-2 days.
The simpler algorithm that governs Litecoin’s network allows for faster transaction processing. Depending on network congestion, transactions on Litecoin are https://bitcoin-mining.biz/privacy-policy/ completed within seconds. If this is your first time buying cryptocurrency you’ll need to look for a platform that accepts US dollars, like Public or SoFi.
As one of the earliest altcoins, Litecoin (LTC)’s reputation as a low-cost payments crypto steered it to an all-time-high price of $410.26 in May 2021. Our partners cannot pay us to guarantee favorable reviews of their products or services. Yes, you can sell Litecoin from some of the above-given crypto exchanges. Changelly is one of the best Litecoin exchanges that enables you to exchange crypto fast and buy it with a bank card.
” should be answered with regard to every user’s understanding of and trust in the technology. As LTC is infinitely divisible, it is possible to purchase just a fraction of the currency. Once your funds arrive, simply go to the Exchange tab inside the Nexo app and swap them for the amount of LTC you want.
The listed Litecoin trading apps above were selected because they have some of the highest scores on the Google Play and App Store platforms. Additionally, new users can test the experience out for themselves because of the fast onboarding process and low account minimums. Litecoin is one of the more popular cryptocurrencies, so you’ll find it on most exchanges, including Binance, Coinbase, and Crypto.com. You’ll need to register an account with the exchange where you want to buy Litecoin and finish the KYC verification process.
For example, CEX.IO is a regulated crypto exchange that is available in 99% of countries and provides numerous crypto services such as staking, savings, and loans. CEX.IO supports credit and debit cards for crypto purchases and offers users to pay for crypto using several fiat payment methods. Learn more about payment options supported on CEX.IO on our Limits and Commissions page.
- You can also choose to complete a purchase with Apple Pay or Google Pay.
- Learn more and get started today with a special new member discount.
- With CEX.IO mobile app, you can monitor your crypto portfolio anytime and buy cryptocurrency on the go.
- They may even offer a discount for making payments outside the platform you’re using to connect.
- When you’re buying Litecoin, it’s a good idea to triple check the dollar value of your purchase and to make sure you actually selected Litecoin.
Litecoin and Bitcoin both have a strong positive correlation of 0.83. Yes, you can buy partial Litecoin, a similar way of buying Bitcoin. The Trezor hardware wallet helps you to https://topbitcoinnews.org/pokerstars-accepts-bitcoin-litecoin-ether-and-xrp/ store your Litetcoins. It helps you to randomly generate a PIN code that keeps the device safe and secure. CryptoWallet.com is intuitive and easy to understand for new users.
How can you buy Litecoin with USD?
It allows you to buy cryptocurrency like Litecoin with your credit card. In addition to investing in, trading, and holding Litecoin, a growing number of businesses accept Litecoin directly as payment. Most businesses include VPN service providers, CBD products retailers and fashion brands. For businesses that don’t take Litecoin directly, several debit card options allow users to pay in LTC, such as the Litecoin Card that uses the Visa payment network. OKX is one of the few cryptocurrency platforms allowing users to buy Litecoin directly with a credit card or bank transfer. Once you have Litecoin in your OKX account, you can also choose to earn a regular return on your Litecoin through the OKX earn feature.
This means PayPal users who want a quick and simple LTC purchasing experience don’t need to sign up to a crypto platform. However, we couldn’t find any genuine Litecoin P2P platforms operating in the United States and accepting PayPal as the payment method. You may want to purchase altcoins directly with Litecoin, which you can do by acquiring Litecoin by following the steps outlined above.
Our estimates are based on past market performance, and past performance is not a guarantee of future performance. Litecoin is one of the oldest and most decentralized cryptocurrencies that aims to be a payments-focused alternative to Bitcoin (BTC). Created in 2011 from a modified version of the Bitcoin Core code, Litecoin allows anyone to make payments or transfers with competitively low fees.
We have carefully selected the providers based on noteworthy parameters like reputation, user interface, fees, extra features, and much more. You can trade Litecoin on spot markets via market and limit orders. Market orders allow you to buy and sell crypto at the best available price in the order book with instant execution. If you want to trade on spot Litecoin markets, you can do it on the Trade page on the CEX.IO website or by selecting the Trade Pro section in the CEX.IO mobile app.
Steps to Safely Buying Litecoin
Share your referral code with friends and you’ll each get €10 of FREE Bitcoin when they begin using their accounts. Starting at just a few cents each, Litecoin prices today tend to range between $100 to $150 per coin, representing a significant appreciation since launch. It is often described as “the silver to Bitcoin’s gold” due to its speed and low transaction fees, making for relatively better useability.
Supply, demand, availability, competing cryptocurrencies, and investor sentiment are key indicators of LTC’s utility. You can also choose to complete a purchase with Apple Pay or Google Pay. Make free, instant LTC transfers to all your friends, family, or colleagues as long as they have a Nexo account. Spend the value of your Litecoin without selling it, all while getting up to 2% back in crypto rewards. Swap any asset for LTC with zero fees and fixed-price execution on Nexo’s Crypto Exchange.