Read this complete guide on how to buy Litecoin and find out. Find all the answers to your MoonPay questions and start swapping cryptocurrency with confidence. Exchange your Litecoin for another cryptocurrency directly by using a DeFi application.
Why is MoonPay the best way to buy LTC?
BitPanda, however, allows you to do bank transfers from within the EU only. BitPanda and Coinbase are two of the easiest platforms to use to buy Litecoins through bank transfer. The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. Before making financial investment decisions, do consult your financial advisor. You will have to verify that they’re your bank accounts or cards.
Buy LTC and 100+ other cryptocurrencies, including Bitcoin, Ethereum, and more
- That’s why US customers have to provide different information in comparison to a German citizen.
- These rules are based on exchanges following legal rules for local territories and countries.
- Just sign up for a free account in seconds from our app, then add a few personal details to verify your identity.
- After you buy Litecoin, you can transfer it to anyone across the globe, as long as you know their wallet address.
- This depends entirely on where you are trying to buy Litecoin from, and also the method of purchase, too.
Join millions, easily discover and understand cryptocurrencies, price charts, top crypto exchanges & wallets in one place. In layman’s terms, a cryptocurrency exchange is a place where you meet and exchange cryptocurrencies with another person. The exchange platform (i.e. Binance) acts as a middleman – it connects you (your offer or request) with that other person (the seller or the buyer).
How to Buy Litecoin: a Complete Guide
- The average fee charge for Coinbase in 1.49% for bank transfers.
- MoonPay works with leading non-custodial wallets like Ledger, Exodus, and Trust Wallet.
- Never keep your Litecoin on an exchange (like Coinbase, Binance, etc.).
- Overall, how you buy Litecoin will depend on your location and your payment source.
- Once you’re at the buy page, you can add your payment format and the total fiat you would like to spend.
- PayPal bans cryptocurrency exchanges from accepting PayPal.
Now, let’s go through the process step-by-step, so we understand exactly how to buy Litecoin on some of the most popular platforms. The platform is worldwide — you can access it from every country! Also, verification is less of a problem than it is with other providers. Also, Coinbase is incredibly strict with verification checks!
What is the difference between a crypto exchange and a brokerage?
Once you’ve chosen Litecoin from the cryptocurrencies and what funds you wish to add from your EUR/LTC wallet transaction, you can now purchase your Litecoin. Once you’re at the buy page, you can add your payment format and the total fiat you would like to spend. There isn’t a global standard and so exchanges have to follow whatever electronic payment laws exist in the territories they wish to trade in. However, CoinFlip has created a multi-crypto ATM system that allows cash purchases for Litecoin! There is even cash out function for LTC so that you can sell your LTC for cash. Maybe wish to buy Litecoin with PayPal or a credit card?
Once these steps have been completed, you can then buy (and sell) Litecoin. A lot of exchanges won’t allow you to buy Litecoin, like CoinMama. Instead, you’ll need to buy different crypto (like Bitcoin or Ether) and then transfer it to a trading exchange on which you can use it to buy Litecoin. For their services, exchanges add their own commission/fee to each trade on their platform. These rules are based on exchanges following legal rules for local territories and countries. That’s why US customers have to provide different buy bitcoin, litecoin & ethereum information in comparison to a German citizen.
MoonPay is a fast and flexible platform that allows users to easily buy, sell, and swap over 100 cryptocurrencies, including Litecoin (LTC), Bitcoin (BTC), and Ethereum (ETH). We offer a variety of payment methods like credit/debit cards and Apple Pay for fast LTC deliveries to your non-custodial wallet within minutes. MoonPay believes in self-custody and decentralization, and our ISO certification means that we implement security measures to protect users’ transactions.
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. MoonPay allows you to easily sell LTC and cash out directly into fiat currency and your bank account.
After you buy Litecoin, you can transfer it to anyone across the globe, as long as you know their wallet address. Purchase LTC in more than 100+ countries using the local currency of your bank account. Just sign up for a free account in seconds from our app, then add a few personal details to verify your identity.