Litecoin is one of the first cryptocurrencies to be in the top 10 most popular digital assets since its inception in 2011. During its existence, LTC has appeared in the listings of various platforms, but not all of them offer safe and truly profitable offers for purchasing coins. Some sites hide commissions under an attractive rate, while others imperceptibly impose inappropriate working conditions.
To figure out how to buy Litecoin, we analyzed popular offers and selected 5 suitable options.
- Binance Exchange
For those who value security, the Binance exchange might be a suitable option to buy Litecoin. The safety of the platform users’ funds is ensured by the SAFU fund. Every day, exchange specialists transfer 10% of the commissions received for traders’ operations on Binance. In case of theft of funds through hacking of the platform or other incidents, the losses will be compensated from the fund.
Binance also frequently tops the rankings of the fairest digital asset exchanges. In particular, the platform was not seen in scandals related to the provision of fake data on trading volumes.
Direct purchase of Litecoin with dollars or euros from bank cards is not available on Binance. To work on the exchange, you need to register and go through verification. In most cases, the account verification process takes a few minutes.
- 365 Cash
Not everyone has time to complete registration and verification. Those who are in a hurry and at the same time want to remain anonymous may be interested in the offer of the 365cash cryptocurrency exchange.
The platform offers to buy Litecoin from Visa and MasterCard payment cards, as well as from wallets of some payment systems. 365cash does not charge additional fees for transactions. The speed of the platform allows you to quickly buy coins while the Litecoin rate is at an acceptable level for the investor.
- EXMO
Another way you can buy Litecoins is through the EXMO exchange. It is not possible to buy LTC on the website directly from the card, but it is possible through preliminary replenishment of the exchange account.
You can deposit money to the EXMO exchange account in several ways:
- From Visa and MasterCard. The commission will be 2.99% of the deposit amount;
- Through the Advcash payment system, with a commission of 0.99%;
- Through the Payeer payment system. The commission will be 2.49% of the deposit amount.
After replenishing your EXMO account, you can buy Litecoin in the quick exchange section or intra-exchange trading.
To carry out transactions on EXMO, you will need to register and verify.
- Stormgain Cryptocurrency Exchange
Another option for those who value anonymity is the Stormgain digital asset exchange. To register on the platform, you need to provide your email address and confirm your mobile phone number. No other information is required.
On Stormgain, you can buy Litecoin from a bank card for dollars or euros through the Simplex payment system without first replenishing your account. The commission will be 5% of the amount but not less than $ 10.
Many consider StormGain to be the most profitable option to buy Litecoin. The fact is that the platform issues a bonus for the replenishment of the deposit of 25 USD to all new users.
- Alternative options where to buy Litecoin
You can also buy Litecoin with cash at ATMs. Before the operation, it is advisable to register a wallet for LTC.
You can also buy LTC directly from the owner of the cryptocurrency. The parties agree on the price and other terms of the transaction. Direct transfer avoids exchange commissions, which makes the purchase more profitable.
Conclusion
Although Litecoin is one of the oldest and most popular cryptocurrencies, not all well-known platforms offer functionality for buying LTC directly for money. On the network, you can find a lot of offers for the purchase of coins that fit any request. To other conclusions:
- Litecoin can be bought anonymously. For example, on Stormgain. If at the same time the user does not want to register, you can buy a coin without disclosing personal data in the 365 Cash exchanger;
- LTC can be purchased with cash. To do this, you should pay attention to crypto ATMs or offers of private coin owners on the network;
- For those who value security, the offerings of the time-tested Binance exchange are suitable;
- The EXMO exchange is popular among traders working with the LTC / USD pair.
Before looking for a platform for purchasing Litecoin, it is worth deciding on a goal. Based on the requirements, you can choose a suitable option. Everyone can choose how to buy Litecoin cryptocurrency from the mass of options available.
