Litecoin was designed to be more efficient for everyday use, by being a lighter version of Bitcoin. Selling LTC for traditional money on Changelly is hassle-free. We partnered with Mercuryo to introduce this feature to our ecosystem (visit the Sell tab and enter the amount you’d like to sell and your bank details). Yes, and its maximum supply is limited to a number of 84 million coins. Make the most of your LTC exchange with the lowest fees on Changelly.

Cryptocurrencies have found major utility as a form of payment, thanks in part to the speed at which funds settle. Crypto transactions, whether international or sent to your next-door neighbor, are typically lightning-fast. Launched in 2011, Litecoin is one of the oldest cryptocurrencies apart from Bitcoin.

Store LTC — some users choose to hold Litecoin cryptocurrency on CEX.IO balance for a certain period of time, expecting its value to increase over time. After that, enter the amount in the selected primary currency and confirm the transaction. Your local currency will be converted based on your bank conversion rates and the purchased amount of crypto will appear in your CEX.IO balance.

A growing number of platforms, including OKX, also offer the ability to earn a return just by holding Litecoin. You can buy Litecoin directly on Ledger Live from our partner Coinify. You will need to create a Litecoin account on Ledger Live, to connect your Ledger hardware wallet and to verify your identity. Once you buy your Litecoin using your payment card or a bank transfer, it will be automatically sent to your hardware wallet, and thus secured. Buying Litecoin with a credit or debit card is possible on Ledger Live from our partner Coinify. Your newly brought crypto are immediately sent to the safety of your hardware wallet.

The future of Litecoin

The goal of Litecoin was to improve on the Bitcoin protocol and make it a more suitable currency for everyday transactions. XRP Charlie Lee also wanted to ensure that Litecoin was more accessible to the average person, so he decided to implement some changes that would make it easier to use. For example, Litecoin uses a different algorithm than Bitcoin, which makes it easier for people to mine. With Credit Card, Sofort or Giropay, buying Litecoin can be done in an instant!

In addition, Litecoin is often used for charitable purposes. Organizations such as AfricaAid, All Hands and Hearts, and Cedars Home for Children all accept Litecoin donations. Due to reduced fees and transparency, Litecoin is an ideal currency for charitable donations. This means that it may be harder to find merchants who accept it as payment.

comprar ltcs like Coinbase and Coinmama have also made the process smooth and fast but you’ll need a Litecoin wallet before you buy since some exchanges require one. Despite being overshadowed by other tokens, Litecoin still has a lot to offer. Firstly, its transaction fees are much lower than Bitcoin’s. Secondly, its block time is much faster, which makes it more efficient for small payments. Lastly, its total supply is four times higher than Bitcoin’s, which means that it is less likely to experience price deflation.

How to Buy Litecoin (LTC)?

This is evidenced by Litecoin’s much larger coin supply of 84 million. A larger coin supply typically means a lower price per coin. In addition, Litecoin also has a lower market cap than Bitcoin, resulting in a lower price. Political events, the world economy, celebrity endorsements, and market news are among the countless factors that influence cryptocurrency prices. To see how LTC tracks the overall market, check out our comprehensive cryptocurrency price page. Kriptomat is designed to provide the most comprehensive yet easy-to-use trading experience on the planet.

https://www.beaxy.com/ is a cryptocurrency that employs the proof-of-work consensus mechanism to achieve distributed consensus. In proof-of-work, miners compete to solve a cryptographic puzzle in order to add a new block to the blockchain. The first miner to solve the puzzle is rewarded with newly created Litecoin.

It takes roughly 2.5 comprar ltc to produce one Litecoin block in the Litecoin mining process, which is four times faster than it does for Bitcoin. As technically almost identical to the cryptocurrency created by Satoshi Nakamoto, people often think of Litecoin as the lite version of Bitcoin. Similarly, Litecoin is also designed to be a deflationary asset, with only 84 million LTC tokens that will ever be created. To trade with Litecoin, deposit any cryptocurrenct that is supported by OKX such as BTC, ETH, or SOL. Then navigate to our trading terminal, select LTC and the relevant token you want to swap it with to complete the trade.

To begin, log in to the OKX website or install the OKX app. Create an account and verify your identity to set up your account. Select Litecoin as the asset you wish to purchase and select the desired payment method to confirm your transaction. Ultimately, users should always buy cryptocurrency like LTC tokens from a reliable exchange. If they withdraw their digital assets to a personal wallet, they should keep their private keys safe and backed up to ensure the security of their funds. Additionally, virtually every cryptocurrency exchange, wallet, and CeFi service support LTC or LTC trading.

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 offers a fast and easy way to buy Litecoin with credit card. The live price of Litecoin is $ 90.40 per (LTC / USD) today with a current market cap of $ 6.55B USD. Transfer fiat currency from your bank account to Binance, and then use the amount to buy Litecoin .

• With Credit Card, Sofort or Giropay, buying Litecoin can be done in an instant!
• At Kriptomat, we simply provide the tools needed to make joining the world of Litecoin and cryptocurrencies as simple and safe as possible.
• This means there are more Litecoins in circulation, and because of this, it is worth less on the open market.
• After buying Litecoin, you can transfer it to anyone across the globe, as long as you know their %name% wallet address.
• There is some debate over whether or not Litecoin is truly decentralized.

The network is secured and enables individuals to manage their finances. Litecoin offers faster transaction authorisations and better scalability other leading cryptocurrencies. With substantial support from the industry, trading volumes and liquidity, Litecoin is a proven trading medium is on a par with Bitcoin. Litecoin is bought and sold reliably and securely at LiteBit. One of the best methods to buy Litecoin online is a purchase with credit or debit cards.

Buy Litecoin with credit or debit card

But before you can buy Litecoin , you’ll need to open an account and verify your identification. Over 1 million registered retail and institutional traders trust AscendEX. Trade freely and securely with our unique Wallet to Wallet trading model. Litecoin was created with the purpose of becoming the ‘silver’ to Bitcoin’s ‘gold’, and to improve on Bitcoin’s shortcomings.

• This company has over 20 thousand customers in more than 130 countries.
• Created by Charlie Lee in 2011, Litecoin was launched as a fork of Bitcoin.
• If you want to store your Litecoin in a safe place, you can also use the Anycoin Vault.
• Cold wallets are a popular option for those who value security, or for traders holding Litecoin as a long term investment.

Please also note that data relating to the above-mentioned cryptocurrency presented here are based on third party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under Binance’s control. Binance is not responsible for the reliability and accuracy of such third-party sites and their contents. Your Binance account acts as a gateway into buying crypto.

Litecoin is a cryptocurrency that enables nearly instant and low-cost payments. Similar to other cryptocurrencies, it works on a peer-to-peer network, through which users can send and receive money without the need for intermediaries. Litecoin was founded in 2011 by former Google engineer Charlie Lee, who called it the “lite version of Bitcoin”. Litecoin adopts many of the same features as Bitcoin, with the goal of prioritizing transaction confirmation speed to allow for more transactions per second. Its cryptographic algorithms improve network efficiency and facilitate a shorter block generation time. LTC was designed as a deflationary currency, with a total circulation capped at 84 million.

Once your funds arrive, simply go to the Exchange tab inside the Nexo app and swap them for the amount of LTC you want. Find answers to all your questions about buying Litecoin on Nexo. Start with as little as $10 or go up to $15,000 – including fees, if any. However, like all other cryptos, the above are also featured with volatility and risks. You should do your own research and evaluate your risk appetite before investing in any cryptos.

However, Litecoin features faster transaction confirmations than Bitcoin, which makes it a more suitable currency for everyday transactions. Buy Litecoin instantly with a credit or debit card, bank transfer, Apple Pay, Google Pay,and more. The network doesn’t suffer from delays stemming from congestion — it was purposely built to be fast. That’s why transactions are confirmed in the blockchain in just a few minutes. Usually, it takes about 5 to 30 minutes to have LTC coins credited to the wallet when purchasing Litecoin on Changelly. If you are planning to use LTC for trading or for other purposes, then the best way to store it is on an exchange.