How to buy Litecoin?
If what you want is to buy Litecoin and you don’t want to know much more, here you can find 3 simple steps to can buy LTC quickly.
Where to buy Litecoin LTC?
Litecoin is one of the best-known currencies after bitcoin and ethereum, making it the third option in a cryptocurrency investor’s portfolio after buying bitcoin. Of course it is a crypto that you can find in all Exchange or brokers, but we recommend Coinbase or Binance mainly because they are the most important and safe, but it is not always possible depending on your country, especially in Latin America.
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Litecoin purchase methods
We can buy our LTC in different ways, by bank transfer, by card in a broker, by PayPal in an Exchange, from special cryptocurrency ATMs or by buying it from someone or what is known as a P2P purchase.
Buy Litecoin with PayPal
To buy our LTCs with PayPal, all we have to do is make an account in Coinbase and from there they will give us the option to buy our cryptocurrency with PayPal and this Exchange will also serve as a wallet if we want to have our Litecoins in a safe place
Buy LTC with card or bank transfer
In this case we have 2 equal ways to buy LTC, which is basically to deposit money in the Exchange and then with that balance buy the cryptocurrency we want, which in this case will be Litecoin. The only difference is the commission of the income, since with a card the commission is usually around 3.5% depending on the Exchange, although the best option in this case would be Binance for being the lowest.
In the case of the transfer we will have to wait for our transfer to reach the broker and as the safest thing it will be to an account in another country, it will take you a few days, but if you don’t mind waiting, it may be the best option since commissions are lower and in some cases the Exchange will not charge you anything.
Buy Litecoin in person or with cash
This option is the one that many users usually use in case you want to skip commissions or do not want to record a purchase of cryptocurrencies in your bank, either because it is black money that you have saved from some work or because in your country it is blocked or prohibited the purchase of bitcoin or cryptocurrencies.
For this option it is very important that extreme caution because there are many scams that catch unsuspecting people who are not very careful, think that it is the same as if you wanted to exchange your local currency for dollars, so, if in that case you would do it with caution , in this you also have to do it.
For this case you can do it through contacts of people. It is very important that you NEVER do it on second-hand portals, Amazon, eBay or sites like that, because you may have just been scammed. Head over the Security section so you can see some tips
Buy Litecoin at an ATM
This option is one that is not usually used too much, but it is another way of being able to buy them with cash, which, on the contrary, we have to have a personal wallet or wallet to send the LTCs that we have just bought.
Also, although there are several bitcoin ATMs, in the case of Litecoin there are usually not many, so it is much more difficult for you to have one nearby if you do not live in a large city with a lot of potential public.
How to buy Litecoin at an ATM?
Doing this is quite simple since the ATM company has done everything possible to make it understandable for all audiences and we will only have to follow a few simple steps.
- Select how many Litecoins we want to buy
- View and accept the LTC money equivalent
- Indicate your wallet address where you want the cryptos to be sended
- Pay what is worth and that’s it, the LTC will be automatically sent to your private wallet
Where can I find ATMs to buy bitcoin or Litecoin?
In the page Coin ATM Radar You can find the nearest ATM so you can buy your cryptocurrencies. You can select from several and mark the country where you are and thus be able to easily locate it