Litecoin

How to buy Litecoin (LTC)

Where to buy Litecoin in Australia

Litecoin (LTC) went live on 13 October 2011 as a fork on the bitcoin network. It’s very similar to bitcoin except it’s designed to be quicker and cheaper to transfer.

These similarities have it regarded as a close relative of bitcoin, and its prices have historically risen and fallen with bitcoin prices.

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Where to buy Litecoin in Australia

You can buy or acquire Litecoin in Australia on all of the following platforms, in various ways.

Name Product Payment Methods Available Fiat Currencies Available Cryptocurrencies
Cash, BPAY, POLi, Cryptocurrency
AUD
BTC, BCH, ETH, XRP, ADA, XEM, LTC, XLM, MIOTA, TRX, DASH, NEO, XMR, EOS, QTUM, BTG, LSK, ETC, XVG & over 45+ more
CoinSpot is an Australian marketplace that allows you to easily buy, sell or exchange multiple cryptocurrencies using AUD.
Credit card, Debit card
AUD, USD, EUR, GBP, CAD, CNY & 50+ more
BTC, BCH, ETH, LTC
Buy and sell bitcoin, Ethereum, Litecoin and Bitcoin Cash on one of the world's most renowned cryptocurrency exchanges.
Cryptocurrency
BTC, XRP, USDT, ETH, NEB, XVG, TRX, NEBL, ETH, NEO, FUN, ETC, BCC, POE, DASH, ELF, ICX, BNB, ZRX, APPC & 80+ more
Trade 60+ cryptocurrency pairs on this up-and-coming exchange based in China. Multi-language support.
Credit card, Debit card, Neteller, PayPal, Skrill, WebMoney, Yandex Money
USD
BTC, BCH, DASH, ETC, ETH, LTC, XRP
Losses can exceed deposits.
Copy the trades of leading cryptocurrency investors on this unique social investment platform.
Cash, Electronic Funds Transfer, POLi
AUD
BTC, BCH, ETH, ETC, LTC, DASH, XMR, XRP, ANT, REP, BNT, BAT, BTS, BLK, CVC, CLAM, DCR, DGB, DGD, DOGE & 35+ more
Buy a variety of cryptocurrencies through an Australian exchange platform through POLi, Cash or Electronic Funds Transfer.
QuadrigaCX Bitcoin Trading Platform
QuadrigaCX Bitcoin Trading Platform
Bank transfer, Cryptocurrency
USD, CAD
BTC, BCH, BTG, ETH, LTC
Trade on Canada's largest cryptocurrency exchange, with same-day funding and withdrawals available.
MoneyGram, Perfect Money, Western Union, Cryptocurrency, OKPAY
USD, EUR, RUB
BTC, ETH, LTC
Buy and sell crypto and other digital currencies on this global fixed-rate exchange.
BitBay Cryptocurrency Exchange
BitBay Cryptocurrency Exchange
Wire Transfer, Cryptocurrency, Express Polish Post Office 24/7, Express Żabka Market, Express DotPay
USD, EUR, PLN
BTC. BCC, BTG, LTC, ETH, LSK, GAME, DASH
BitBay is a Polish-based exchange that offers a variety of accessible payment methods, including Express Polish Post Office 24/7 service and Express DotPay.
Cryptocurrency
-
BTC, BTG, DASH, ZET, XVP, XPM, WDC, VTC, VRC, UNO, TROLL, START, SLR, SLG, RDD, QTUM, PPC, POT, OK, NVC, NMC, NLG, NEOS & 25+ more
Trade cryptocurrency to cryptocurrency through this globally accessible exchange based in Brazil.
Credit card, Debit card
USD, EUR
BTC, BCH, BTG, ETH, ETC, DASH, DOGE, NEO, OMG, PIVX, SALT, STEEM, USDT, XLM & 50+ more
Access competitive crypto-to-crypto exchange rates for more than 35 cryptocurrencies on this global exchange.
OKPay, PerfectMoney, Yandex Money, Payeer, QIWI, Cryptocurrency
USD, EUR, RUB
BTC, XRB, ETH, DCN, BCH, NIO, TRX, DASH, COB, DOGE, PRIX, DSR, XCPO, LTC, VERI, LOC, NUA, PKT, PPT, ICO & 80+ more
Supporting over 100 coins, you can exchange a variety of cryptocurrency pairs on this peer-to-peer platform.
Cryptocurrency
-
BTC, BCH, ETH, LTC, DOGE, NEO, XMR, POWR, DASH, PIVX, XEM, OMG, GNT & 500+ more
Buy and sell hundreds of cryptocurrencies with minimal verification on this all-in-one, New Zealand-based exchange.
Cryptocurrency
-
BTC, ETH, XRP, DOGE, XLM, ETC, STRAT, LTC, SC, DGB, BCH, LSK, XMR & 50 more
Trade various coins through a global crypto to crypto exchange based in the US.
Electronic Funds Transfer, SEPA, Wire Transfer *payment methods vary per country
USD, EUR, GBP, JPY, CAD
BTC, BCH, ETH, ETC, XMR, DASH, LTC, XRP, XLM, REP, ICN, MLN, ZEC, USDT, GNO, EOS
Exchange multiple cryptocurrencies through range of payment methods, including Electronic Funds Transfer, SEPA or Wire Transfer.
Cryptocurrency
-
BTC, ETH, XVG, SC, XRP, DOGE, STRAT, XMR, ADA, OMG, ETC, BCC, XLM, DGB, UKG, QTUM, ZCL, RDD, LTC, NEO & 120+ more
New account registration is currently halted on Bittrex due to a surge in demand.
Bank transfer, BPAY, POLi
AUD
BTC, BCH, ETH, ETC, LTC, XRP
Browse the various coin offerings of this Australian based exchange, where coins can be purchased through AUD, LTC and BTC currencies.
Cryptocurrency
-
BTC, BCH, KCS, DRGN, DBC, XRB, ETH, PRL, LTC, SNOV, DENT, RPX, QLC, NEO, UTK, BNTY, ACT, POE, UKG, LA, LEND, VEN & 50+ more
Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency.
Cryptocurrency
-
BTC, BCH, BTG, ETH, ETC, FUN, 1ST, ANT, BAT, BNT, BLK, CVC, CLAM, DASH, DCR, DGB, DNT, DOGE, EDG, EOS, FCT, GAME & 25+ more

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Litecoin prices

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Updated: 18 Feb 2018 05:29:23 UTC

How to buy Litecoin with PayPal

You can buy Litecoin with PayPal on Cryptex24.

Alternatively, you might buy bitcoin with PayPal via VirWox exchange, and then trade bitcoin for Litecoin elsewhere.

How to buy Litecoin with a credit card

You can buy Litecoin with a credit card on Coinbase, Indacoin, Coinmama and 247exchange.

Depending on the rates they offer and the fees they charge, Coinbase and 247exchange might be the most cost-effective options because you can buy directly with AUD rather than needing to pay exchange fees to convert to USD or other currencies first.

How to buy Litecoin with cash

You can buy Litecoin with cash in various forms, at different places.

  • Coinmama. Pay cash over the counter at a Western Union for transfer.
  • Litecoinlocal.net. You can arrange a cash payment when buying peer to peer.
  • Cryptex24. Pay cash over the counter at a money transfer service.
  • 247exchange. Make a cash deposit at a bank or pay cash for a Flexepin prepaid voucher which can be used to buy Litecoin.

To pay for Litecoin with cash you’ll want to look for platforms that accept cash deposits, prepaid cards or local peer-to-peer trading.

Other ways to get Litecoin

If you want to get Litecoin but don’t want to buy in, there are other ways to get some:

  • Trade other altcoins. You can head to an exchange and diversify your investments by trading other altcoins for Litecoin.
  • Mining. You can get Litecoin by mining, but it’s popular enough that mining likely won’t be profitable without special equipment.
  • Accept in exchange for goods and services. You can accept payment in LTC by providing your cryptocurrency wallet address.

Litecoin wallets

Litecoin needs to be held in a cryptocurrency wallet just like any other altcoin. There’s a wide range of options, but not quite as many as you’ll find with bitcoin.

All of the following hardware wallets support Litecoin.

Name Product Wallet type Supported Cryptocurrencies
Hardware
BTC, BCH, LTC, ERC20, ETH, ETC, EXP, ARK, DASH, DOGE, KMD, LTC, PIVX, POSW, XRP, STRAT, UBQ, VTC, VIA, ZEC
Securely store some of the world's most popular cryptocurrencies on the Ledger Nano S hardware wallet.
Hardware
BTC, BCH, BTG, DASH, DOGE, ETC, ETH, ERC20, LTC, NMC, ZEC, NEM, UBQ, EXP
TREZOR hardware wallet is a secure way to keep your cryptocurrency safe from hackers and malware.
Hardware
BTC, BCH, DASH, DOGE, ETH, LTC, NMR
Protect your digital assets from hackers with the virus- and malware-proof KeepKey hardware wallet.

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Litecoin (LTC) vs bitcoin (BTC)

Litecoin has a range of small but significant technical differences. You might think of it as the quarter to bitcoin’s dollar.

  • A supply limit of 84 million LTC vs 21 million BTC

The supply limit is the maximum number of coins that will be created. This finite limit is necessary for an altcoin to have value. The LTC supply limit is 84 million compared to bitcoin’s 21 million, so it’s up to 4 times more common. In November 2017 there were about 54 million Litecoin tokens in circulation and about 30 million left to mine.

  • 2.5-minute vs 10-minute block generation time

Litecoin blocks are generated four times faster than bitcoin blocks. The completion of each block confirms the transactions recorded in that block. Generally, this means Litecoin transfers can be done about four times faster than bitcoin transfers.

Learn more about LTC.

Litecoin price predictions: Things to consider

Some proponents of LTC believe it will continue to increase in value. They point out that it’s like a “quarter sized” version of bitcoin that’s arguably more functional, but that its price is much less than a quarter of bitcoin’s. The assumption among some buyers is that even if Litecoin prices peak at a quarter of bitcoin’s, it can still be very worthwhile.

Toward the end of 2017 about two thirds of all the Litecoin that will ever exist were already in circulation, and it can be assumed that mining will get increasingly difficult as it approaches the supply limit. This makes it more likely that the popularity of Litecoin will result in increased demand, and if demand exceeds supply in the future, that could naturally drive the prices up.

It’s also worth noting that Litecoin has tended to be ahead of its time. It was the first top 5 cryptocurrency by market cap altcoin to adopt the features of Segregated Witness (SegWit), which has since become standard among bitcoin and others.

This ongoing development might bode well for its future popularity, as it could prevent other altcoins from overtaking it later. However, like all cryptocurrencies, nothing about Litecoin can be taken for granted.

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