Where to Buy Litecoin (LTC)
Are you trying to decide where to buy Litecoin (LTC)?
+Buying any cryptocurrency such as Litecoin can seem like a daunting task, especially if you are a beginner. But worry not! We are here to help you get started in a simple way.
If you want to buy LTC and are unsure of which crypto exchange to choose, you can start by checking out the most liquid trading pairs available. That's why we have narrowed it down on a list of the most liquid exchanges and their trading pairs, and some exchange options if you're worried about availability in your region.
Once you select a trading pair, you can create an account on your preferred exchange and be able to buy LTC. If you're just getting started in the cryptocurrency world and are unfamiliar with how trading and exchanges work, we suggest you take the time to read news and information about them, so you can make the best decision for yourself.
Here is a list of the top 4 liquid exchanges to buy Litecoin (LTC) on:
- HitBTC: This exchange is based in Denmark and claims to have one of the largest cryptocurrency selection and it's currently the most liquid for the LTC/USD trading pair, and it also has great liquidity on the USDT pair.
- Binance: The most popular exchange around the world to buy any crypto, and the best to buy LTC on USDT, perfect for active traders.
- Huobi Global: Originally from China but now based on Seychelles, this exchange is another great option to buy Litecoin on USDT.
- OKEx: This exchange is one of the top 5 exchanges in the world in terms of liquidity, with good liquidity levels on the USDT trading pair.
Unfortunately, none of these are available for US traders, that's why we've made a list down below with some options for investors in the USA as well as those in the EU, UK and Asia.
List of Recommended Top Exchanges for US Residents
- Coinbase Pro
- Bitmart (Except for traders in Connecticut, Georgia, Hawaii, New Mexico, New York and Washington)
- Gate.io (Except for traders in New York and Washington)
List of Recommended Top Exchanges for EU/UK Residents
List of Recommended Top Exchanges for Asian Residents
- View more
What is Litecoin (LTC)?
+Litecoin is a decentralized open source payment network, secured by mathematics, with fast transactions and improved storage efficiency, according to their website. LTC is a peer-to-peer currency based on Bitcoin's original source code, created to have transactions with lower costs.
Having so many similar features to Bitcoin, it's quite easy to understand how Litecoin works if you are already familiar with BTC. Their main differences are that Litecoin focuses on faster transactions and although it uses a proof-of-work mining system like Bitcoin, it uses a different algorithm.
Before you buy LTC you might be interested in comparing its price growth with Bitcoin or other cryptocurrencies over time, which you can do easily with our Crypto Compare tool.
Buy LTC - Best Cryptocurrency Wallets to Store Litecoin (LTC)
+Another important step you should take when buying LTC is creating an account in a cryptocurrency wallet, that allows you to store your data safely in order to make the transactions you need to handle your Litecoin.
There are four main types of crypto wallets out there: Hardware, desktop, mobile and web wallets.
Here, we have selected our top picks for each type of wallet to help you with your decision:
- HashWallet: This hardware wallet has an innovative card design and it's the first non-programmable cryptocurrency wallet, making it one of the most secure options on the market to manage your money.
- Exodus is a great desktop option to store your Litecoin and many other cryptos. It is available for MacOS, Linux, Windows and it comes in a Mobile app format as well.
- Litewallet: A wallet specifically made for Litecoin that you can download on your iOS or Android phone.
- Guarda: A very safe and convenient multi-platform wallet available as a Desktop, web and mobile app that supports over 45 blockchains, like Bitcoin.
Litecoin (LTC) - Useful Crypto Resources
+Website: litecoin.org/
Reddit: reddit.com/r/litecoin/
Twitter: twitter.com/LTCFoundation
Litecoin Foundation Hardware Wallets: shop.litecoin-foundation.org