Most of the popular crypto exchanges have built-in digital wallets where they can store their Litecoin and other crypto purchases. Some folks prefer to store their crypto in a separate digital wallet that’s not linked to the internet to help keep their crypto safer from hackers. With over 30 million customers, Coinbase is one of the most popular cryptocurrency exchanges. The platform serves both UK and US customers and is a good option for anyone who wants to buy Litecoin. Most of the popular crypto exchanges have built-in digital wallets where you can store your Litecoin and other crypto purchases. Some folks prefer to store their crypto in a separate digital wallet that’s not linked to the internet to help keep their crypto safe from hackers.
When it comes to buying crypto, centralized exchanges are the number one choice. Because they are user-friendly, and the chances of getting scammed are also low. If you select the “trade” option, you can buy the crypto instantly. If you are interested in litecoin mining in order to acquire LTC without buying it, joining a mining pool can be a good option.
Choosing the Right Litecoin Broker
You can now buy Litecoin by entering the size of your stake into the ‘Amount’ box ($25 minimum). Finally, click the ‘Open https://www.tokenexus.com/ Trade’ button to complete your investment. Opening an account on eToro.com can be completed in just a few minutes.
Additionally, Binance is currently running a promotion where it is halving the debit/credit card fee to just 1%. On the flip side, if you decide to use Binance to trade cryptocurrencies – this is where the platform stands out. In terms of buying Litecoin, you can actually do this with a debit or credit card.
Coinbase
This will require you to enter some personal information – such as your first and last name, residential address, and national insurance number. You will also need to supply your contact details – which is inclusive of your mobile number and email address. With maker fees of only 0.019% and taker fees of just 0.060%, Margex offers some of the lowest rates on the market. The LTC tokens will be added to your eToro portfolio and you can assess the value of your investment in real-time.
- He has been using Bitcoin since 2013 and began working in the industry in 2017.
- After all, there have been dozens of instances where cryptocurrency exchanges have been hacked or simply run off with client money.
- While, in general, eToro doesn’t have trading fees, you will pay a spread, which will cover fees charged by other platforms.
- Besides that, Litecoin has a solid value proposition over Dogecoin.
- This website is free for you to use but we may receive a commission from the companies we feature on this site.
This top-rated broker is home to a great selection of markets, which is inclusive of Defi coins like Compound, Maker, Yearn.finance, Uniswap, and 0x. Large-cap coins are also supported – how to buy litecoin such as Bitcoin, Ethereum, Ripple, and Stellar. In terms of getting started, CoinJar will initially ask you to register an account and upload a copy of your passport or driver’s license.
Is Litecoin safe to invest in?
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- Additionally, only invest what you can afford to lose and consider diversifying your investment portfolio to mitigate risks.
- Investors planning on using Litecoin as an investment, will need to open an account at a crypto exchange.
- PayPal’s global reach is a major plus for anyone who wants to buy Litecoin.
- Litecoin is a digital asset that can be used as an asset class when building a diversified portfolio.
- While it does achieve this goal to a certain extent, newer blockchain innovations such as Stellar Lumens do a much better job than Litecoin.