How To Buy Litecoin Full Bigger Guide
How To Buy Litecoin Full Bigger Guide
How To Buy Litecoin With Paypal, A Credit Card or A Bank Transfer
How To Buy Litecoin Full Bigger Guide, Litecoin has become very popular crypto currency and its booming in present. There are lots of different ways to buy Litecoin. You can use various different payment methods to buy Litecoin. Here in this guide we have listed some exchanges from where you can buy Litecoin.
First of all you need to create a wallet. You need Litecoin wallet in order to store Litecoin. Some popular LTC wallets are Jaxx, Exodus and Coinbase. You can also use hardware wallets such as ledger or TREZOR, if you need better security for your LTC.
Buy Litecoin with Credit Card:
This is very popular company that offers you an easiest way to buy Litecoin with a credit card. This exchange is available in various major countries including US, Canada, UK, Europe, Australia, Singapore and much more. The fees (that you have to pay) will be 3.99% per purchase.
Coinbase users are allowed to buy up to $500 worth of Litecoin. You can also achieve the higher limit once your identity is verified by the exchange. It can accept buyers from 33 countries all across the world.
This is a crypto brokerage service and it is based in Austria. You can use Litecoin using credit card with BitPanda. You can buy from various major European countries. Users are allowed to buy Litecoin using various payment modes that may include Skrill a/c, credit card, SOFORT transfer and much more. Purchasing on Bitpanda may need verification. Here you will find relatively low buying limits that may reach up to 600 Euros.
Bitstamp is also a very popular and oldest cryptocurrecy exchange. Users are allowed to buy Litecoin via a wire transfer of EUR or USD. Here you will also get a facility to exchange BTC to Litecoin.
This is the largest altcoin exchange of the world. You can use this exchange to convert ETC to Litecoin. It doesn’t have any ETH or LTC market but you have to trade your ETH to Bitcoin and then you can trade your Bitcoin to Litecoin. You can make various trades and pay fee for it easily.
Buy Litecoin with Bank Transfer:
This is the simple and popular way to buy LTC with a bank transfer or bank a/c. This is something like purchasing LTC with credit card. This is available in Australia, Singapore, UK, Europe, Canada, US and much more. Americans are allowed to use ACH transfers to buy LTC. They may have to wait for five or seven days. Europeans can use SEPA transfer in order to buy LTC. They may have to wait one to three days. The fees would come out to 1.49% per Litecoin purchase.
This is Austria based company that allowed you to buy LTC using SEPA transfer. Users can also use Giropay, NETELLER, SOFORT and much more.
Buy Litecoin with cash:
This is not an appropriate way to purchase Litcoin. There are so many popular exchanges that do not support Litecoin. Customers can buy BTC first with cash and then they can exchange them for Litecoin using some procedure.
Buy Litecoin with PayPal:
There is no any direct procedure to purchase LTC with PayPal. You have to buy BTC with PayPal first that can be an extensive process. You can convert your BTC to LTC using some procedure. You can buy BTC with PayPal via VirWox or various other available options. These BTC can be exchanged to LTC on any exchange such as BTC-e.
VirWox may delay new user transaction for 1-2day if you are a new user. The entire process may take 48 hours to complete. This can be a faster method than wire transfer. You have to keep some things in mind if you are choosing this method to buy LTC.
First of all, don’t forget that it is hard to buy BTC with PayPal as of the risk it poses to sellers. You cannot buy BTC with PayPal directly. You have to choose some other procedure in order to accomplish the process. This additional procedure may make the transaction fee much higher.
Buy Litecoin with BTC:
Those people who already have some BTC, they can convert some of their BTC to LTC. They just need to search an exchange with Litecoin and Bitcoin pair. You can easily find some exchanges for this as it is a LTC/BTC is a famous pair to trade. You should also look for Changelly. This is the fastest and easiest way to convert BTC to LTC.
You just need to enter some LTC amount that you need to buy. You can enter that amount and give a Litecoin address. You were asked to send some BTC to the address. Once your BTC is sent, your LTC would be delivered to your wallet.
There are lots of payment methods to buy Litecoin but if you are looking for instant and speed, then credit card can be the fastest option that you should look into. If you are looking for larger amount LTC, then you should go for bank transfer.
If you are concerned about security, then you should buy BTC with cash and then trade for LTC using Shapeshift or Changelly. We have mentioned some important ways to look for. You can choose one of them that you find right or suitable.
Once you done with the LTC buying procedure, you need to make your Litecoin secure. You can move your LTC to your wallet immediately. You should not leave your Litecoin on an exchange. There are so many cases of hacks in volatile currency so it is suggested to keep your LTC to your secure wallet.
It prevents risk of hacking, losing money or any scam. As LTC continues to grow, it would be easy to buy. You can get more updated information about crypto currency in the next posts. Hope you find this post informative and useful. Do comment if you have any query regarding LTC.