How to buy Litecoin (LTC) in Canada

With a market cap of $5,931,155,983.00 USD, Litecoin ranks as the 30^th largest cryptocurrency by market capitalization in the world. It is currently trading at a price of $77.46 USD per coin and trades using the cryptocurrency code LTC.

Litecoin is a highly volatile asset capable of major price swings in a single day. So before you buy Litecoin, make sure you understand these unique risks as well as its tax and legal status in Canada.

If you want to buy Litecoin in Canada or track its performance, keep reading to see the latest LTC price, market cap and trading volume along with a step-by-step guide on how to invest in LTC crypto in Canada.

Litecoin (LTC) summary

Current price	$77.46
All-time high	$410.26
All-time low	$1.15
1-year price change	▼ -23.52%
Market cap	$5.93B
Market cap rank	#30
Total volume (24h)	$478.46M
Circulating supply	76,643,708
Max supply	84,000,000
Where to buy LTC	Buy on Kraken

All monetary values in this table are in USD and were last updated on December 20, 2025.

How to buy Litecoin in 5 steps

The whole process of buying LTC can take as little as 15 minutes, and all you need is a smartphone or computer, an internet connection, photo identification and a means of payment. Follow these five steps to learn how to buy Litecoin in Canada:

1. Compare crypto exchanges

   The easiest way to buy Litecoin is through a cryptocurrency exchange. Choose an exchange that offers low fees, a user-friendly platform or 24-hour customer support. You can easily see top picks in our guide to the best crypto exchanges in Canada, or compare options below.

2. Create an account

   To create an account on an exchange, you will need to provide an email address, come up with a strong password and verify your identity through a process called KYC, which requires government-issued photo ID.

3. Make a deposit

   Once verified, you can deposit CAD using the payment method that best suits you. Common methods like Interac e-Transfer, bank wire and debit card payments are widely accepted on Canadian-friendly exchanges.

4. Buy Litecoin

   You can now exchange your funds for Litecoin. On beginner-friendly exchanges, this is as simple as searching for the coin name (Litecoin) or its crypto code (LTC), entering the CAD or LTC amount you want to purchase and clicking "Buy."

5. Secure your Litecoin

   Consider transferring your LTC to help protect against hacks, scams, platforms going bankrupt and other risks of keeping crypto on an exchange.

Dive deeper: Our guide to how to trade crypto

Where to buy Litecoin in Canada

We've curated a list of legitimate crypto exchanges below where you can buy Litecoin in Canada to help you compare deposit methods, supported fiat currencies and fees.

Litecoin price

The recent Litecoin (LTC) price is $77.46 USD per coin, which is +4.21% higher than the previous day's trading price of $74.33 USD. Over the past 30 days, LTC's price has changed by -16.45%, from $92.71 USD to the current price of $77.46 USD. Compared to this time last year, Litecoin's price has seen a decrease of -23.52% to its value as a cryptocurrency.

What is Litecoin's all-time high?

Litecoin reached its all-time high of $410.26 USD on May 10, 2021, which was a +35,574.78% increase from its previous all-time low of $1.15 USD, which it reached on January 14, 2015. It has since landed at its current price of $77.46 USD.

Historical Litecoin price chart

You can use this chart to track LTC price performance over time.

Can I buy Litecoin in Canada?

Yes, you can buy Litecoin in Canada. Simply open an account with a crypto exchange that operates in Canada and supports Litecoin—like the ones in our curated list above—and place a "buy" order. For example, Kraken supports Litecoin and is a registered crypto exchange in Canada.

Because Litecoin is decentralized, it isn't tied to any single country. That means you can buy and sell it from anywhere in the world, including Canada, as long as you have internet access.

What is Litecoin?

Litecoin (LTC) is a cryptocurrency built for payments. It enables near-instant, low-cost peer-to-peer transactions.

One of the earliest altcoins, Litecoin was launched in 2011 and was created from a copy – not to be confused with a fork – of Bitcoin's source code. Sometimes referred to as the silver to Bitcoin's gold, Litecoin's software is similar to Bitcoin's. However, compared to Bitcoin, it has:

• A simpler mining hashing function/algorithm
• A faster block generation time
• A larger max supply

The simpler algorithm that governs Litecoin's network allows for faster transaction processing. Transactions on the Bitcoin network can take up to hours. Depending on network congestion, transactions on Litecoin are completed within seconds.

For this reason, some think of Litecoin as a complement to Bitcoin, not a competitor. Litecoin and Bitcoin have many of the same properties, but Litecoin is often considered more of a payments technology and Bitcoin a store of value.

Dive deeper: Read our beginner's guide to how Litecoin works

What will I need to buy Litecoin?

To create an account with your chosen crypto platform, you only need an email address or mobile number. This will usually allow you to deposit cryptocurrency, but not CAD.

If you want to buy Litecoin with Canadian dollars, you'll need to pass a Know Your Customer (KYC) check.

This is a standard security procedure for most exchanges in Canada and requires you to upload government-issued photo ID, and, in some cases, a selfie with today's date.

KYC is usually approved instantly, but in rare cases, you may have to wait a few hours or days.

Can I buy Litecoin with a credit card?

Several crypto exchanges in Canada accept credit cards as an instant purchase method. However, before buying Litecoin with a credit card, you should be aware of the additional cost and risks involved.

For instance, credit card fees are usually higher than bank transfers or e‑Transfers. Some card issuers may even block cryptocurrency transactions or treat them as cash advances, which are more expensive. Plus, if you don't pay off your credit card within your statement period, you may end up paying interest on your card balance and losing money if the price moves quickly.

For example, if you were to use a credit card to buy Litecoin, you could end up paying this:

• Price of LTC: $77.46 USD
• Purchase amount: 5 LTC
• Estimated exchange fee (3%): $11.62 USD
• Total cost: $398.92 USD

If it took you three months to pay off your Litecoin purchase at a credit card interest rate of 19.99% APR, you would pay an additional $19.94 USD in interest on top of what you originally paid to buy Litecoin.

This example can help you compare the relative cost of buying Litecoin with a credit card versus other lower‑fee methods like Interac e-Transfers.

You can check the table of Canadian crypto exchanges above to see which ones accept credit cards for buying Litecoin, or visit our guide on buying crypto with a credit card for more details.

Can I buy Litecoin with a debit card?

Yes, it is possible to buy Litecoin with a debit card, as most Canadian crypto exchanges accept debit cards as an instant payment method.

To buy Litecoin with a debit card, you'll typically need to go through the standard steps to purchase crypto on your preferred platform and then select debit from the list of payment options (e.g. Interac e-Transfer, debit card, credit card) before completing your purchase.

Just note that there are often higher fees for crypto purchases with cards (both debit and credit) compared to paying with Interac e-Transfer or with another cryptocurrency.

Is buying Litecoin crypto a good investment?

Like any cryptocurrency, buying Litecoin can be risky. But there are precautions you can take to help mitigate risk. Consider these general factors before investing in Litecoin:

• Price volatility: Litecoin's price is largely based on speculation, meaning it can rise or fall quickly. For example, Litecoin's price has decreased by -5.48% in just the last seven days.

• Transactions can't be reversed: Once you submit a transaction to the crypto network, it can't be cancelled or reversed. Double-check the receiving address before submitting a Litecoin purchase order or moving Litecoin off an exchange. One good way to do this is to verify the first and last four digits of the wallet address before sending. There is no way to refund Litecoin sent to the wrong address.

• Regulatory uncertainty: The regulatory environment for Litecoin and other cryptocurrencies is constantly changing. It's important to understand how international rulings have the potential to impact Litecoin's future—for better or worse.

Dive deeper: Learn about common crypto scams and legit exchanges in Canada

Where to store your Litecoin once you buy it

There are two main options for storing Litecoin once you've bought it—keep it on an exchange or store it in your own personal wallet. Take a look at our guide to the best crypto wallets in Canada to see our top picks.

While it can be more convenient to leave your Litecoin on an exchange, you're vulnerable to risk if the exchange gets hacked or compromised in another way.

It's generally much safer to store your crypto on a software or hardware wallet, which gives you full control and custody of your coins.

How is Litecoin taxed in Canada?

Like all crypto, Litecoin is considered a commodity for tax purposes by the Canada Revenue Agency (CRA). That means it will be taxed similarly to other investments like stocks and ETFs.

Money you get from selling Litecoin can be treated as income or capital gains. That said, the CRA will tax crypto profits differently if you're a casual Litecoin buyer than if your crypto profits are classified as business income.

You can learn more about how crypto taxes work in our guide to crypto tax in Canada.

Bottom line

Keep in mind that buying Litecoin can be risky. But if you decide to invest in Litecoin, look for a regulated crypto exchange in Canada that supports LTC, and make sure to store your crypto securely.

Once you've bought Litecoin, think about your short and long-term goals. Crypto markets can be very volatile, so keep an eye on Litecoin's price over time to decide whether to keep it on an exchange, sell it or move it to your wallet.

Frequently asked questions about buying Litecoin in Canada

• How do I buy Litecoin instantly?

  You can quickly purchase Litecoin on trading platforms like Kraken or Paybis. If you already have a funded account with an exchange like this, then you can buy Litecoin instantly.

  Otherwise, many crypto exchanges also offer an "instant buy" feature using a credit card. However, be warned that this comes with higher fees and other added risks. Use our list of exchanges to look for a platform that offers various types of deposits to get started.

• What is Litecoin worth today?

  Litecoin is currently worth $77.46 USD today. For some context, it was worth -23.52% less a year ago.

• How are crypto exchanges regulated in Canada?

  Crypto exchanges operating in Canada are required to register with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). This agency safeguards the Canadian financial system by working to prevent money laundering, terrorist financing, and other financial crimes.

  Many crypto trading platforms in Canada have taken the added step of registering with the Canadian Securities Administrators (CSA), which creates and enforces policies designed to help protect investors from unfair and fraudulent market activity.

  Exchanges that are registered with the CSA and FINTRAC are:

  • Subject to federal regulation and laws
  • More likely to offer regional customer support
  • More likely to support CAD transactions and local payment methods like EFTs and bank transfers