How to buy LitecoinLitecoin price live, chart, price analysis

 

Litecoin market live stats

  • litecoin
    Litecoin (LTC)
  • Live Price
    $55.11
  • 24h %
    -3.25%
  • Market Cap
    $3.50 B
  • Volume
    $1.88 B
  • Available Supply
    63.47 M LTC
  • Rank
    6

Litecoin cryptocurrency – How to buy Litecoin 2019

Litecoin explained - Litecoin price, charts, market cap & how to buy litecoin

Litecoin was released via an open-source client on GitHub on October 7, 2011, by Charlie Lee, a Google employee.

While Bitcoin was seen as “gold” and a store of value for long-term purposes.

Litecoin was seen as the “silver” and a means of a transaction for cheaper and everyday purposes.

It’s also an open-source pear-to-pear digital currency the same as Bitcoin and works on its own blockchain technology.

Which has a faster block generation rate hence offers a fast transaction confirmation in comparison to Bitcoin?

The Litecoin Network aims to process a block every 2.5 minutes, rather than Bitcoin's 10 minutes.

The main difference between Litecoin and Bitcoin is their mining procedure.

Both Litecoin and Bitcoin use Proof-of-work consensus mechanism.

Let me explain in simple words what is proof of work?. The miners use their computational power to solve extremely hard cryptographic puzzles.

The puzzle-solving needs to be extremely hard, if it is simple then miners will keep mining blocks and drain out the entire bitcoin supply.

However, while the puzzle-solving part is difficult, checking to see if the solution of the puzzle is correct or it is difficult.

That's how proof of work is explained in simple words by "Blockgeeks"

  • Solving the puzzles and getting a solution should be tough.
  • Checking to see if the solution is correct or not should be difficult.

Miners are currently awarded by 25 new Litecoins per block an amount which gets halved roughly every four years.

There is a total of 84 Million Litecoin available which is four times more than its counterpart Bitcoin.

Litecoin is also one of the few cryptocurrencies which are accepted by the online merchants in the form of payment.

Because Litecoin blockchain is capable of handling higher transaction volume.

As a result, merchants get faster confirmation times, while still having the ability to wait for more confirmations when selling bigger ticket items.

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How to buy Litecoin 2019

There is numerous way to buy Litecoin. Below I have listed every single way to buy Litecoin in any part of the world with prominent payment methods.

How to buy Litecoin with credit & debit card instantly 2019.

There are multiple Litecoin exchange which allows buying Litecoin with credit & debit card directly.

1.CoinbaseOne of the popular cryptocurrency exchange to buy coins with credit & debit card directly (especially for US users). Coinbase exchange supports 23 Cryptocurrencies. It charges 3.99% fee with a credit & debit card directly.

You can buy 1000$ worth Bitcoins just by setting up your account. For buying a higher amount you have to get KYC verified. Getting KYC verified is relatively easy. Submit your photo id card with phone number. Cryptocurrencies supported by the Coinbase are:-

  • Bitcoin
  • Ethereum
  • Litecoin
  • Bitcoin cash (BCH)
  • Ripple (XRP)
  • Dai
  • EOS
  • Stellar
  • Tezos
  • Ethereum Classic (ETC)
  • Maker (MKR)
  • Zcash
  • Chainlink
  • Ox
  • Algorand
  • Zilliqa
  • Augur (REP)
  • Basic Attention Token (BAT)
  • Golem
  • Decentraland
  • Loom Network
  • District Ox
  • Civic

 Receive 10$ sign-up bonus

 

2. Coinmama – High liquidity and buying limits. One of the worlds renowned and secure Cryptocurrency Exchange to buy crypto with credit & debit card instantly. Coinmama is the best choice for users who wanted to deal in a large amount. However, it comes with a little bit higher cost.

The coins prices listed on Coinmama website already include the Exchange brokerage service fee of 5.9%. On top of this buying with a credit & debit card costs 5% added fee. Hence you end up paying 10.9% more than the coin’s market price.

But the transaction is swift and secure. Before buying you have to get KYC verified. You have to submit a government-issued ID, a selfie holding that ID. After getting KYC verified you can buy coins worth thousands of dollars daily.

Cryptocurrencies available to buy with a credit & debit card are:-

  • Bitcoin
  • Ethereum
  • Ripple (XRP)
  • Litecoin
  • Bitcoin Cash (BCH)
  • Cardano (ADA)
  • Qtum (QTUM)
  • Ethereum Classic (ETC)

 

3. Cex.ioCex.io exchange is also a renowned exchange to buy coins with credit & debit card directly. Cex.io Exchange charge 7% buying fee. There is no other fee.

The high exchange rate listed on the Exchange already includes the service fee. It means If you buy coins worth 1000$. You will receive the coins worth 930$.

In order to get KYC verified, you need to provide your personal information with a government-issued id card. After getting KYC verified you can buy an unlimited amount of Bitcoins daily.

Coins supported by the exchange are:-

  • Bitcoin
  • Ethereum
  • Ripple (XRP)
  • Bitcoin Cash (BCH)
  • Bitcoin Gold (BTG)
  • Dash
  • Stellar (XLM)
  • Zcash
  • Gemini Dollar (GUSD)
  • OmiseGo (OMG)
  • MetaHash (MHC) – MetaHash is only available for the deposits.

 

4. ChangellyBest Instant cryptocurrency exchange to buy Litecoin with a credit & debit card instantly. Changelly supports more than 200 coins. Changelly charges a 5% fee.

You can buy Litecoin directly without submitting your personal information. Just attach your Credit or debit card and receive coins instantly to your wallet.

Sign up now

 

5. BinanceBinance has recently started service to buy Litecoin with credit & debit card via simplex. Binance is a leading cryptocurrency trading platform in the industry. The exchange supports more than 1300 cryptocurrencies and thousands of trading pairs.

Although there is no KYC required for trading at Binance but to buy Litecoin with a credit card you have to provide your personal information.

The same is true for the fee. There is a low trading fee on the Exchange. But to buy Litecoin with credit & debit card you have to pay 5% to 10% fee of the total buying amount.

Sign up now

 

6. Local Bitcoins – Local Bitcoins is world’s best p2p exchange. User can buy bitcoin with any payment method possible, using any fiat currency, and in any part of the world. On top of this, You don’t need to provide any personal information to buy bitcoin from the exchange. Local bitcoins charge 1% transaction fee with both seller and buyer.

How to buy Litecoin at Local Bitcoins

First, you buy Bitcoin with debit & credit card. Then, you can exchange Bitcoin with Litecoin on the Localbitcoins itself.

Or you can transfer the Bitcoin to the Binance exchange and trade Bitcoin for Litecoin. Binance charge no deposit fee and a significantly low trading fee.

Signup Now

 

7. Paxful exchange is another P2P exchange which provides the same platform as Localbitcoins.

 

8. Exmo exchange Exmo is a British cryptocurrency exchange which allows buying more than 30 altcoins with Visa and Mastercard.

Exmo supports 6 Fiat currency USD, EUR, RUB (Russian Ruble), PLN (Polish Zloty), UAH (Ukranian Hryvnia), TRY (Turkish Lira)

Below are the Crypto you can buy with Visa and Mastercard at Exmo

BTC, BCH(Bitcoin Cash), ETH, ETC(Ethereum Classic), XRP(Ripple), KICK (Kick Coin), DASH, WAVES, ZEC, Monero( XMR), Litecoin(LTC), DOGE, USDT, Stellar(XLM), Cardano(ADA), INK, BTCZ(BitcoinZ), DXT(Data Wallet), MNX(Minex Coin), OMG(Omise Go), Golem(GLN), ZRX (Ox), MNC(Main Coin), GAS, GUSD(Gemini Dollar), BTG(Bitcoin Gold), LSK(Lisk), DAI, MKR (Maker), PTI (Paytomat), USDC, ETZ (Ether Cash), HB(Heart Bout), SMART(Smart Cash), ATMCASH, DCR(Decred), ETZ(Ether Zero)

Other than Visa and Mastercard Exmo support more than 50 payment methods.

Signup Now

How to buy Litecoin with Paypal directly

1. The best way to buy Litecoin with PayPal (Indirectly)

First, buy bitcoin with PayPal at Localbitcoins directly. Then transfer Bitcoin to Binance. Subsequently, trade Bitcoin with Litecoin.

2. Paxful is another exchange where you can buy Litecoin with PayPal indirectly.

Follow the same process as above

 

How to buy Litecoin with Cash

1. Coinmama exchange is one of the few exchanges which allows buying supported cryptocurrencies with cash directly.

2. As mentioned above, the best way to buy Litecoin with cash is to first buy bitcoin with Cash at LocalBitcoins exchange.

Then, transfer Bitcoin to Binance. Next, exchange Bitcoin with Litecoin.

Later, withdraw Litecoin to the Litecoin wallet.

 

Buy Litecoin with Payza, Neteller, Skrill

The best way to buy Litecoin with Payza, Neteller Skrill is to buy indirectly.

Follow the same process I mentioned above.

First, buy Bitcoin with Payza, Neteller or Skrill at Localbitcoins exchange.

Next transfer Bitcoin to Binance. Thus trade Litecoin with Bitcoin.

 

How to buy Litecoin with Bank transfer (SEPA, SWIFT)

Cex.io, Coinmama, Exmo are few exchanges which allow buying supported cryptocurrency with Bank transfer and SEPA (European Customers) directly

Secondly, As I mentioned above LocalBitcoins exchange can always be used to buy Litecoin with every possible payment method in any part of the world (indirectly).

First, buy Bitcoin with preferential payment method. Then transfer Bitcoin to Binance and Trade bitcoin with Litecoin. Subsequently, withdraw Litecoin to the supported wallet.

 

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