Litecoin also known as the silver to Bitcoin, is one of the most popular cryptocurrencies.
In this guide, we’ll show you the easiest way to buy Litecoin for the best price and lowest fees.
How To Buy Litecoin
1. Sign Up for an Exchange
You can purchase Litecoin across many different exchanges, the question is, which one is best suited to you.
Some of our favorites are:
2. Deposit Fiat
The next step will be to deposit FIAT currency onto your account.
With websites such as FTX or Binance, you can do this quite easily. Head over to the “Wallet” and then look for “Deposit by Card” or “Bank Transfer”.
3. Trade Fiat currency for LTC
Now that you have fiat currency on your account, you can now trade it for Litecoin.
Depending on your pair you are using, you will need to find the corresponding trading pair.
Some examples are:
Once you find your trading pair, click on it to go to the trading page.
On the trading page you’ll want to change the order type to a “Market Order”.
Now you can enter the amount you want. If you want to spend all of your fiat currency on Litecoin, then drag the slider to 100% and it will purchase as much Litecoin as possible.
4. Trade Complete!
Your trade is now complete and you should have LTC in your account. You can now send this Litecoin to other people, trade it on the exchange for other cryptos or convert it back to fiat currency if you have made profits!
Video Guide for Buying Litecoin