Buying Litecoin LTC in the UK Purchase Litecoin with Cash & Card

how to buy litecoin

Coinbase is the largest cryptocurrency exchange in the United States by trading volume. What’s more, it is one of the most traded digital coins in the market, with at least $500 million in daily trading volume. This has helped in categorizing Litecoin as a large-cap digital asset since its market capitalization is more than $10 billion. However, many centralised exchanges and centralised finance (CeFi) platforms now offer interest on Litecoin (LTC) that you deposit in a custodial wallet.

  • For example, if Litecoin is trading at £100 and you want to invest £50, you’ll own 0.5 LTC.
  • In other words, had you invested just £500 into Litecoin just a decade ago, your money would have been over £55,000 when it peaked in 2018.
  • The Forbes Advisor editorial team is independent and objective.
  • For those who are new to the scene, below you will find a list of useful orders to consider when you buy Litecoin.
  • Once the transaction is complete, you will receive BTC in your Paxful wallet and you can now sell it for Litecoin.
  • If you wish to purchase more than this amount, you will be required to make multiple deposits.

Online Finance Wallets ─ You can deposit through PayPal, Skrill, Neteller, and others. PayPal is one of the easiest ways to buy Litecoin – even easier than your credit card. On exchanges such as eToro, you can deposit funds through PayPal without paying any fees.

Where else can I Buy Litecoin aside eToro?

Cryptoassets are a highly volatile unregulated investment product. Litecoin is one of the cryptocurrencies you should consider buying. You can buy a small part of the coin and see where it can take you as per your investment goals.

Has Litecoin got a future?

Long Forecast

The forecasted Litecoin price at the end of 2025 is $98.68– and the year-to-year change is +12%. In the first half of 2023, the Litecoin price in the second half may be around $89.50, and it will close the year at $83.88, which is -5% of the current price.

To go through the relevant investment page, enter ‘Litecoin’ into the search box. Once again, this is why it is crucial to keep control of your stakes and that you never invest more than you can afford to lose. The best way to counter how to buy litecoin this risk is to invest small amounts but on a regular basis. In trading jargon, this means that the asset moves in an extremely sharp and volatile manner. For example, in the last 7 days alone, Litecoin has decreased by 12%.

How to Buy Litecoin with SEPA

This will ease your trading and investing in Litecoin needs. As an e-learning organization, we can understand that some traders want to remain anonymous. With that said, there have been several instances where shadow companies behind some exchanges have taken off with the hard-earned money of innocent people. The aforementioned exchanges are not the only places to buy Litecoin. If you are looking for more ways to buy Litecoin, these are also good options. With a daily trading volume of $7.43 billion on 14th September 2021, Huobi Global is a top 10 exchange when daily trading volume is taken into account.

how to buy litecoin

These products may not be suitable for everyone, and it is crucial that you fully comprehend the risks involved. Prior to making any decisions, carefully assess your financial situation and determine whether you can afford the potential risk of losing your money. If you want to pay using another method, you can always purchase Bitcoin and then use a crypto-to-crypto exchange to buy Litecoin in the UK. Kraken is particularly worthy of consideration for more experienced cryptocurrency traders due to the range of options available. While it remains part of the EEA, the funding options include a free SEPA deposit in Euro. You can also opt for a bank wire deposit in Euro for a fee of €10 or a bank wire deposit in USD for a fee of $10.

Buy Litecoin with SEPA

❌ The coins aren’t available to every country the exchange supports. ✅ It’s highly secured with the necessary encryptions to protect your funds. Embark on an extensive study of LTMs before deciding on risking your money with one.

  • Assuming that the platform accepts your chosen payment method, you can go ahead and deposit some funds to buy Litecoin.
  • For example, in late 2018, Litecoin surpassed the $350-mark.
  • To go through the relevant investment page, enter ‘Litecoin’ into the search box.
  • EToro provides a Money Crypto Wallet, which allows clients to hold several cryptocurrencies.
  • Stocks and ETFs are slightly higher at $50, but this is still small in comparison to other online brokers.
  • This makes Binance useful if you want to buy Litecoin right now.
  • E-wallets are also supported, which includes Paypal, Skrill, and Neteller.

In the end, you should follow reason rather than emotion and choose an exchange that supports your country as well as your preferences. Whatever happens, you will need resourceful people to answer your questions. You must find out supporting languages, response times, and the level of feedback received.

How can I Buy Litecoin with Credit Card?

In terms of how this works, the process can vary depending on how you initially made the purchase. At the time of writing in late 2020, 1 Litecoin will cost $76 – which is about £56. If you’re wondering why the price is quoted in US dollars – this is industry-standard in the cryptocurrency arena. In fact, this is the case with traditional commodities too – as the likes of gold, silver, oil, natural gas, and wheat are all quoted in US dollars. However, cryptocurrencies operate in a volatile battleground.

how to buy litecoin