How to buy Litecoin? Buy LTC

how to buy litecoin

Exodus is available on desktop for Windows, Mac and Linux, as well as on mobile for both iOS and Android. Edge on the other hand is only available on mobile, with both iOS and Android apps available. If you want more information you can read my Exodus review or my Edge review. To sum it up, if Bitcoin is digital gold, Litecoin is digital silver. It’s faster but also cheaper and more abundant than Bitcoin – and now more private.

If you’re just starting out, it will probably be better if you use the brokerage service since it’s simpler than the trading platform. In this section, I’ll focus on the easiest exchanges to get started with, that also supply the widest variety of payment methods. One of the most popular brokers is the Capital.com which offers top-notch security and low fees when you buy Litecoin.

Should I Buy Litecoin LTC Now?

Litecoin’s halving event takes place every four years, and it reduces the supply of the coin by 50%. This is why many investors anticipate that the halving event will positively affect Litecoin’s price, as it will create scarcity for the coin. Meanwhile, you must invest through a cryptocurrency broker supporting fractional investment ownership.

It is also one of the few crypto platforms where users can dabble in other assets such as stocks. Of course, small market cap tokens come with increased risk that have to be priced in when investing. While small cap tokens can see much higher growth in a shorter https://www.tokenexus.com/ltc/ spell than the more established coins, they are also more likely to plummet in price. One of the best ways of achieving this goal is to search high and low for solid presale projects, which are often referred to as crypto ICOs (initial coin offerings).

Roadmap and Future Plans (5%)

We covered how to buy Litecoin with GBP and exchanges where you can do so. Lastly, we mentioned supported payment methods and offered guidance on how to store your Litecoins and protect them from predators. With over 30 million customers, Coinbase is one of the most popular cryptocurrency exchanges. The platform serves both UK and US customers and is a good option for anyone who wants to buy Litecoin. If you’re looking for a simple way to buy Litecoin, all you need to do is sign up with a crypto exchange.

  • CEX.IO is a regulated cryptocurrency exchange available in almost all countries.
  • However, we also think it’s worth highlighting emerging small-cap crypto tokens that offer potentially high risks and high rewards.
  • We covered how to buy Litecoin with GBP and exchanges where you can do so.
  • The platform has no specific deposit fees, but you must factor in transaction fees when exchanging.
  • Bitcoin is the world’s oldest cryptocurrency and the largest crypto by market cap by a wide margin.
  • Litecoin can’t be staked while you hold it as it is a Proof of Work network secured by mining.

Flexibility in payment options for depositing fiat currency is also a significant advantage. 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.