How to buy LTO Network (LTO) in the UK

Learn how to buy LTO Network (LTO) in our step-by-step guide.

Where to buy LTO Network in the UK

It looks like LTO may not be available to purchase on an exchange in the UK.

You can still purchase LTO by using a decentralised exchange (DEX) instead. Decentralised exchanges are web applications that run on blockchains like Ethereum and allow users to trade any asset directly with one another.

Decentralised exchanges (DEX) are unregulated and run using autonomous pieces of code known as smart contracts. To use a DEX you must interact with the blockchain directly, which is not recommended for novice users. Please learn about decentralised exchanges first if you're unfamiliar.

How to purchase LTO using a decentralised exchange.
  1. Find LTO on a decentralised exchange and make sure LTO Network can be traded for ETH which is the native asset of Ethereum. Popular DEXs include Uniswap, SushiSwap and 1INCH.
  2. Buy ETH to trade for LTO using an exchange like CoinJar. You will need to purchase enough ETH to swap for LTO as well as ETH to pay for transaction fees on the Ethereum network (known as gas). You can use a service like Etherscan to get an idea of how much gas fees currently cost.
  3. Transfer the ETH into a web 3.0 wallet like MetaMask to connect to the DEX.
  4. Trade ETH for LTO on the DEX of your choice, following the instructions on screen. Make sure to leave enough ETH in your wallet to pay for gas.
  5. Wait for the transaction to finalise and the LTO tokens will arrive in your wallet.
  6. You may now keep the tokens in your web 3.0 wallet or transfer them somewhere more secure like a hardware wallet.

You can follow the same process when you want to sell your tokens, or come back to this page to see if they can now be traded on an exchange in the UK.

Best LTO Network wallets to store your LTO

You can keep your LTO on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
  • Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your LTO below.

Ledger Nano X Wallet

Trezor Model T Wallet

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Supported assets

5,500+

Supported assets

1,317+

Price (USD)

$149

Price (USD)

$186

Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.

Is LTO Network a good investment?

Understanding both the project and the purpose of the accompanying cryptocurrency token is crucial to making any investment. Here are a few things to consider before buying LTO:
  • User-focused design: Unlike other blockchains,the LTO Network aims to solve a real-world problem that is already prevalent. Thanks to its private/public-based hybrid design, LTO is able to provide users with a host of practical advantages related to governance, administration and overall usability.
  • Scalability-focused design: The system is designed to be scalable as per the needs and requirements of its users, which makes it already primed for mass adoption. The increasing use of the platform can be witnessed by the blockchain activity which has steadily risen since its inception. It now consistently ranks as one of the top 20 blockchains worldwide.
  • Supply: There is a maximum supply of 403 million LTO tokens. 283 million are currently in circulation with the remaining 120 million to be released over the next 4 years. This could cause inflationary effects and place downwards pressure on price.
  • Leadership team: The LTO Network leadership team consists of Rick Schmitz and Arnold Daniels. Prior to joining the project, Schmitz served as the acquisitions and mergers lead for Deloitte and PwC, while Daniels served as a software developer and lead engineer for a number of tech firms.
  • Distribution of tokens: The 403 million LTO tokens are separated into native LTO, ERC-20 (Ethereum-compatible) and BEP-2 (BSC-compatible) versions. This could lead to some confusion. ERC-20 and BEP-2 versions are for speculation trading, whereas native LTO tokens are used in the LTO blockchain.

Today's LTO Network price versus ATH

Compare today's price of LTO Network ($0.083775 USD) against its all-time-high price of $0.901021 USD on 07 April 2021. The closer the bar is to 100%, the closer LTO is to reaching its ATH again.

LTO Network's price: $0.083775
ATH date: April 07, 2021
9.30%

LTO Network ATH: $0.901021


How to trade, convert or sell LTO Network

You can convert or sell your LTO with the same exchange you bought it through:
  1. Sign in to the exchange you have LTO on.
  2. If you store your LTO Network in a digital wallet, compare crypto exchanges to convert or sell it on.
  3. Choose Sell or Convert and place a sell order.
  4. Choose the amount of LTO you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of LTO Network.
  6. Complete your transaction and move your LTO to a wallet for storage.

* Cryptocurrencies aren't regulated in the UK and there's no protection from the Financial Ombudsman or the Financial Services Compensation Scheme. Your capital is at risk. Capital gains tax on profits may apply.

Cryptocurrencies are speculative and investing in them involves significant risks - they're highly volatile, vulnerable to hacking and sensitive to secondary activity. The value of investments can fall as well as rise and you may get back less than you invested. Past performance is no guarantee of future results. This content shouldn't be interpreted as a recommendation to invest. Before you invest, you should get advice and decide whether the potential return outweighs the risks. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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