How to Buy Litecoin (LTC)

Learn all about Buy Litecoin

Litecoin (LTC) a cryptocurrency based on the Blockchain Network, is currently attracting significant interest in the crypto market. As the Litecoin ecosystem expands, it has established a notable presence within the decentralized exchange (DEX) sector. More and more people are becoming interested in Litecoin. They wish to invest or purchase Litecoin (LTC), but may not know how to get started. Here, we will guide you through all the information you need to know about purchasing Litecoin. Regardless of your location, Bitrue can provide you with a simple and secure way to buy LTC.

Where and how to buy Litecoin

When it comes to purchasing Litecoin (LTC), users may focus on various factors, such as cryptographic wallets, on-chain protocols, and other complex operations. Fortunately, Bitrue exchange allows you to buy Litecoin in a simple and quick manner. Just register through the official website or app, verify your identity, set up your payment methods (such as credit cards/debit cards/bank transfers), or deposit cryptocurrencies to your Bitrue wallet for spot trading. The purchased LTC will be stored in your crypto wallet account to ensure asset security. Below is a step-by-step guide on how to buy Litecoin (LTC) through Bitrue.

Steps to Buy Litecoin (LTC)

Step 1 Create a Bitrue Account

- Register through the official website, Bitrue.com.
- Download the Bitrue App and complete the registration process.
After successfully registering your Bitrue account, follow the security prompts on the website or app to enable Google 2FA for account dynamic verification.

Step 2 Complete KYC Verification

Visit the identity verification page on the Bitrue official website or app, select your country or region, upload valid identification documents, and submit a selfie. Once the identity verification is successful, you will receive a notification.

Step 3 Choose the method to Buy Litecoin (LTC)

Buy Litecoin Over-the-Counter (OTC)
- 1. Click on "Quick Buy" on the Bitrue official website or app. Choose "Credit Card" or "Bank Transfer" as the payment method.
- 2. Note: Purchasing Litecoin (LTC) using "Credit Card" or "Bank Transfer" on Bitrue requires user identity verification. Please provide identity verification documents as per our platform's instructions.
- 3. Select Litecoin (LTC) from the list of cryptocurrencies.
- 4. Enter the quantity of LTC you wish to purchase.
- 5. Connect your credit card or bank account.
- 6. Confirm and complete the payment process.
- 7. Transaction completed.
Buy Litecoin through Spot Markets
- Note: Currently, the most popular Litecoin spot trading pairs include LTC/USDT and LTC/USDC. Before purchasing Litecoin (LTC) in the spot market, please ensure that your Bitrue wallet has a sufficient amount of cryptocurrencies (e.g. USDT, USDC). If your account does not have enough cryptocurrencies, you will need to recharge your Bitrue account.
- 1. Click on "Trade" -> "Spot" on the Bitrue official website or app.
- 2. Select Litecoin (LTC) from the list of cryptocurrencies.
- 3. Enter the quantity of LTC you want to purchase, either at the market price or set a target price for buying Litecoin.
- 4. Confirm the purchase order.
- 5. Transaction completed.
- If Bitrue exchange currently does not support the above methods for purchasing Litecoin (LTC), users can only deposit LTC assets into their Bitrue accounts through a cryptocurrency wallet or choose a decentralized exchange (DEX) that supports LTC trading pairs for purchasing.

Step 4 Successful Purchase

The purchased Litecoin assets are stored by default in your Bitrue cryptocurrency wallet or trading account. You can use Bitrue to trade other cryptocurrencies, stake for passive income, or withdraw it to an external Litecoin cryptocurrency wallet.
Note: If you have not received your Litecoin (LTC), visit the help center or contact online customer support for assistance.

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Alternative methods to acquire Litecoin

Apart from directly buying Litecoin (LTC), what are the alternative methods to acquire Litecoin ?

Fixed Auto-Investment in LTC

Regularly invest a fixed amount at scheduled intervals in Litecoin (LTC) digital assets, enjoying both short-term returns and long-term benefits.

Staking LTC

Flexible staking of Litecoin (LTC) digital assets to earn interest or high returns in other cryptocurrencies.

POW Mining

Litecoin miners choose mining rigs or cloud mining with high GPU and CPU configurations, configure mining software, select mining pools, and start mining to earn LTC rewards.

Get Litecoin (LTC) for free

If you have enough time, you can obtain Litecoin for free through the following methods:

- Invite friends to join the Bitrue coupon event and earn free Litecoin (LTC).

- Join the Bitrue Rewards Center, participate in ongoing challenges and airdrops to receive free Litecoin.

- All cryptocurrency airdrops and rewards can be exchanged for LTC through coin-to-coin exchange or spot trading.

How to keep your Litecoin safe and secure

Once you have purchased Litecoin, it is crucial to store it in a secure location. Bitrue is a secure, transparent, technologically stable, and user-friendly cryptocurrency exchange. Bitrue allows you to store Litecoin and other digital assets in the encrypted wallet of your platform account, enabling you to trade, deposit, and withdraw anytime, anywhere.

If you are highly familiar with operating on-chain Litecoin wallets, you also have the option to store Litecoin (LTC) separately in a personal encrypted wallet. This wallet serves to keep your Litecoin secure and accessible, allowing you to send and receive it while maintaining control.

To ensure the security of your Litecoin, consider the following types of encrypted wallets:

- Mobile Wallets: Store your private key in an application on your smartphone.

- Web Wallets: Third-party-controlled online servers that store your private key.

- Desktop Wallets: Computer programs that allow you to store your private key on a hard drive.

- Hardware Wallets: Physical devices for offline storage of private keys.

Note: Cryptocurrency wallets do not technically store your Litecoin encrypted assets. Instead, the assets remain on the blockchain, and access is granted using the digital private keys stored in the wallet.

Why Bitrue is the Best Platform for Buying Litecoin (LTC)

User-friendly Interface

Trading cryptocurrencies on Bitrue is a breeze, requiring just a few simple steps to instantly purchase Litecoin.

Swift Deposits and Withdrawals

Our efficient real-time trading system ensures your Litecoin assets are instantly depositable and withdrawable.

Security and Stability

With dual-factor authentication, multi-signature support, and cold-hot wallet segregation technology, we ensure the systematic security of Litecoin.

Get LTC with Bitrue

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Some market stats about LTC

Price Analysis

LTCLitecoin Price Now:

$83.78+3%24H

Litecoin is rising this week.

The price of Litecoin has increased by 15.76% in the last 7 days. It has seen a 3.91% increase in the past 24 hours and a -0.35% decrease in just the last hour. The current price is $83.78 per LTC. Litecoin is dropped -79.11% from its all-time high of $401.08.

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Sandbox Testing

Calculate the Returns on Your Litecoin Investment

How much profit would I have if I bought $ worth of Litecoin in

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Returns based on the average Litecoin price for that year. Not financial advice.

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FAQ About Buy Crypto

What is Litecoin?

Litecoin (LTC) is one of the oldest cryptocurrencies in existence after Bitcoin, having launched in October 2011. It was developed by Charlie Lee, who remains involved with the coin to this day. Litecoin is a codebase fork of Bitcoin which means it doesn't share any history or connection to the Bitcoin genesis block. As a fork, it has many similar characteristics to Bitcoin, but has opted for shorter block generations times of around 2.5 minutes. This allows transactions to be added to the blockchain sooner. Because of the decreased block generation time, it quadrupled its base supply to 84 million to compensate for the inflation rate. Currently, Litecoin has lower transaction fees than Bitcoin and can be used as a digital currency on the web to pay for goods and services and to play at crypto casinos. The value of Litecoin has grown significantly, and the currency¡¯s market cap now exceeds $4 billion. Part of Litecoin¡¯s surge in popularity in 2017 has been attributed to the currency being able to adopt and test a number of new features before Bitcoin, such as Segregated Witness and the Lightning Network, technology which allows the network to process more transactions.

How many Litecoin are there in total?

The total supply of Litecoin is 84,000,000 and the Circulating Supply is 75,190,037 .

Why are people buying Litecoin?

People buy Litecoin for various reasons. Some view it as an investment, expecting its value to increase, while others appreciate its decentralization and anonymity, seeking to avoid restrictions of traditional financial systems. Additionally, Litecoin serves as a digital asset with transactions independent of central authorities. Overall, motivations for purchasing Litecoin include investment, risk diversification, and trust in new digital assets.

Where is the preferred place to buy Litecoin?

Bitrue exchange, with its secure and stable platform, user-friendly interface, low fees, and high liquidity, stands as the best exchange for millions of users to purchase LTC.

Should I buy Litecoin?

Deciding whether to buy Litecoin depends on individual financial goals, risk tolerance, and understanding of the digital asset market. Litecoin investments involve market volatility and risks, so it's advisable to thoroughly understand its characteristics and market conditions before purchasing. If you have investment experience, can withstand price fluctuations, and are willing to accept potential losses, buying Litecoin (LTC) may be a suitable investment choice. However, remember that all investments come with risks.

Can I use cash to buy Litecoin?

Generally, buying Litecoin digital assets by cash is relatively challenging, as most cryptocurrency exchanges prefer electronic payments or bank transfers.

How much does it cost to buy 10 LTC?

To purchase 10 LTC, the cost in USD would be $837.8.

What are the fees for buying Litecoin?

Bitrue offers the lowest fees across all cryptocurrencies. Check the fee rates for all cryptocurrencies here.

How to use Apple Pay to buy LTC?

Currently, Bitrue does not support purchasing LTC or adding fiat currency using Apple Pay.

How to use Google Pay to buy LTC?

Currently, Bitrue does not support purchasing LTC or adding fiat currency using Google Pay.

How to use Paypal to buy LTC?

Currently, Bitrue does not support purchasing LTC or adding fiat currency using Paypal.

What can I do with Litecoin?

You can use Litecoin to pay for goods and services, invest, transfer and remit, preserve assets, participate in DeFi, donate, and more.

How to sell my Litecoin?

If your Bitrue wallet does not hold Litecoin, you need to deposit LTC into your Bitrue account. If you already have LTC, log in to your trading platform account, find the Sell option, usually located on the OTC or market trading page. Enter the quantity of LTC you want to sell, select the selling price, confirm the sell order, and once your LTC is successfully sold, you can withdraw funds to your set bank account or other payment methods.

Can I purchase Litecoin (LTC) worth 1 US dollar?

In theory, Litecoin (LTC) can be divided into many units of 1 US dollar each, but on Bitrue, the minimum order amount for LTC is 10 US dollars.

Disclaimer

Cryptocurrency markets are highly volatile and can experience rapid price fluctuations. You are solely responsible for your investment decisions and Bitrue is not liable for any losses you may incur. We rely on third-party sources for price and other data related to the cryptocurrencies listed above, and we are not responsible for its reliability or accuracy. The information provided on this platform and any associated materials are for informational purposes only and should not be considered as financial or investment advice.

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