You’ll likely get a feel for the user-friendliness of the exchange as soon as you browse the platform. Save my name, email, and website in this browser for the next time I comment. Then the best next step for me was using Binance exchange. For example, if the trading fee is 1% and you buy $500 worth of Litecoin, you’ll pay a trading fee of $5. As such, Lee performed a fork of the Bitcoin blockchain – meaning that it utilized the same underlying code, but with some key changes along the way. On the other hand, many would argue that this represents a good buying opportunity. As such, unless a hacker had access to both your mobile phone and desktop device concurrently, your funds should be safe. On the flip side, shrewd investors will look at the current value of Litecoin and note that it is now worth just a fraction of its previous all-time high. Although policymakers around the world are looking to clamp down on unregulated cryptocurrency exchanges,  much of the industry still operates without a license. While you may appreciate the opportunity to exchange Litecoin anonymously, keep in mind that the same goes for the sellers you're potentially buying Litecoin from. 6. Check here for the most up to date cryptocurrency prices. For convenience, let’s take a look at the easiest ways: If you already have Bitcoin or any other cryptocurrency, you can easily trade them for Litecoin. After your initial registration, you'll have to verify your identity. Join us via email and social channels to get the latest updates straight to your inbox. wikiHow, Inc. is the copyright holder of this image under U.S. and international copyright laws. Once you’re done buying litecoin, you should look for a way to secure it. I set up a Coinbase account and linked my bank account info to it so I could purchase a few Litecoin. Thank you and Happy Holidays. This image is not<\/b> licensed under the Creative Commons license applied to text content and some other images posted to the wikiHow website. Coins are sent almost instantly once the buying process is completed. Litecoin is like Bitcoin’s Gold to silver. By using our site, you agree to our. Easily purchase Litecoin (LTC) with your credit/debit card, $50-$20,000. Average block time of 2.5 mins, as opposed to Bitcoin’s 10 mins. And of course, most of us know that Bitcoin is leading this charge, but altcoins are not far behind. This image may not be used by other entities without the express written consent of wikiHow, Inc.
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