Crypto.com App

- Trade LTC and 276+ other cryptos
- Get cryptoback rewards with Crypto.com's Visa card
- Join 70M+ app users around the world
Disclaimer: This page is not financial advice or an endorsement of digital assets, providers or services. Digital assets are volatile and risky, and past performance is no guarantee of future results. Potential regulations or policies can affect their availability and services provided. Talk with a financial professional before making a decision. Finder or the author may own cryptocurrency discussed on this page.
Buying Litecoin (LTC) is a relatively simple process to follow. You just need some photo ID to create an account on a platform that sells it, then link a payment method to buy it with, like a bank account or debit card. Credit cards are another common way to buy LTC, and Finder has created a separate guide for buying LTC with a credit card.
Cryptocurrency exchanges are the main way people buy Litecoin and other cryptocurrencies. While blockchain, the technology behind Litecoin, is complex, Finder has all the information you need to buy LTC. The process is the same for buying other cryptocurrencies, so it will be easy to buy crypto assets and tokens and have a diverse portfolio. You are not locked in to buying a lot or a little of Litecoin, the amount you spend is your choice.
A cryptocurrency exchange is a platform that lets you buy and sell cryptocurrency coins and tokens. They operate like stock exchanges. Cryptocurrency exchanges differ in terms of fees, security, payment methods and features, so use Finder's table to help determine which is right for you. If you're a beginner, you won't need a ton of features, and you can always sign up to other exchanges later.
Some of the most popular exchanges that accept USD are SoFi Invest Crypto, eToro USA LLC Cryptocurrency Trading and KuCoin Cryptocurrency Exchange. All of these exchanges are considered relatively beginner friendly and offer deposit methods in a variety of methods.
To help you pick an exchange for buying Litecoin, consider the following:
Once you have selected an exchange to purchase Litecoin from the table above, you will need to register.
Exchange | Bank deposit | Card deposit | Crypto deposit | Buy Litecoin |
---|---|---|---|---|
SoFi Invest Crypto | Go to site | |||
eToro USA LLC Cryptocurrency Trading | Go to site | |||
KuCoin Cryptocurrency Exchange | Go to site |
To buy Litecoin, you will first need to deposit funds into your exchange account or link a credit or debit card. Some exchanges allow registration without KYC, but they will require it when users go to fund their account with fiat or buy Litecoin with a card.
There are various ways to deposit money into an exchange account to buy Litecoin, each of which will have a different wait time before funds are deposited.
Navigate to the markets section on your chosen exchange to find your desired Litecoin pairing. Look for the section on buying LTC, and type in the amount of the paired cryptocurrency you want to spend or the amount of LTC you want to buy.
Some cryptocurrency exchanges only offer one way to purchase cryptocurrency while others give you a few options. The most popular methods of purchasing Litecoin are instant buy and the spot market.
Instant buy/market orderMost exchanges offer the ability to buy high volume cryptocurrencies like Litecoin instantly, and this is one of the fastest ways to purchase LTC. Simply enter the amount you would like to purchase in USD and the exchange will calculate the equivalent amount of LTC, according to the market rate.
Buying LTC via the instant buy method is generally more expensive than on the spot market as there is usually an extra exchange fee added on top of the market price. This is a simple way to purchase cryptocurrency for beginners but it's important to be aware of the extra costs involved, especially if using this method with a linked credit card due to fees.
Spot marketThe spot market is offered on the majority of exchanges and is the most common way to buy and sell LTC or other assets and tokens. There are a few different ways to buy LTC on a spot market, but market buys and limit orders are the most common.
A market buy is like an instant buy, but without the added fees charged by the exchange for brokering the deal. There is still the trading fee, but the fee is less than instant buy.
A limit order means placing an order for Litecoin at a set price and amount of LTC. The order is filled as other traders sell their assets through a selling limit order or market sale at the price set. Trading fees for a limit order are less than for a market buy and much less than for instant buy.
Cryptocurrencies are complicated and volatile assets, and buying any digital asset or token comes with a high level of risk attached. Before buying, make sure you do plenty of research and that you recognise the factors that could potentially drive the price of Litecoin either up or down. Here are a few risks of buying LTC:
While some people choose to store their Litecoin in their exchange account, this is not recommended. Exchanges are regular targets for hackers and thieves. It's a much safer option to move Litecoin or other assets into a wallet which allows you to retain full control of your private keys. There are hardware and software wallets for desktop and web browser available to store cryptocurrencies. Keep Litecoin safe with any of Finder's recommended wallets.
Litecoin's price may be cheap for a variety of reasons. See Finder's expert analysis here.
The easiest way to buy Litecoin is through a cryptocurrency exchange.
Buying Litecoin may be a good investment. See what Finder's experts think of Litecoin's price here.
This guide provides step-by-step instructions on how to buy Aptos, lists some exchanges where you can get it and provides daily price data on APT.
This guide provides step-by-step instructions on how to buy Aptos, lists some exchanges where you can get it and provides daily price data on APT.
This guide provides step-by-step instructions on how to buy EthereumPoW, lists some exchanges where you can get it and provides daily price data on ETHW.
This guide provides step-by-step instructions on how to buy Coinbase Wrapped Staked ETH, lists some exchanges where you can get it and provides daily price data on CBETH.
This guide provides step-by-step instructions on how to buy EthereumPoW, lists some exchanges where you can get it and provides daily price data on ETHW.
This guide provides step-by-step instructions on how to buy Coinbase Wrapped Staked ETH, lists some exchanges where you can get it and provides daily price data on CBETH.
This guide provides step-by-step instructions on how to buy Optimism, lists some exchanges where you can get it and provides daily price data on OP.
This guide provides step-by-step instructions on how to buy Efinity, lists some exchanges where you can get it and provides daily price data on EFI.
This guide provides step-by-step instructions on how to buy Threshold Network, lists some exchanges where you can get it and provides daily price data on T.
This guide provides step-by-step instructions on how to buy UltraSafe, lists some exchanges where you can get it and provides daily price data on ULTRA.