Litecoin is one of the world’s most recognised cryptocurrencies. It combines strong brand recognition with neat functionality to offer uncensored, peer-to-peer payments. It is 4x faster than Bitcoin and has cheaper transaction fees, making it a popular digital asset to use as a means of payment. How to Buy Litecoin.

Buying Litecoin is easy and convenient on BitPay’s platform. You can purchase crypto with a credit or debit card, bank transfer, ACH, or Apple Pay. You can also choose to store your cryptocurrencies with our free, secure non-custodial wallet.

Exchanges are the most common way to buy and sell cryptocurrencies. Most major exchanges have robust KYC/AML policies and procedures in place to protect their users. Depending on the exchange, you may be required to provide proof of identity, address, and other documentation before you can begin trading.

How to Buy Litecoin: A Beginner’s Guide to LTC

Broker platforms are another popular way to purchase cryptocurrencies. These websites act as intermediaries between you and the market, offering a simplified purchasing process but often come with higher fees than exchanges.

Litecoin transactions are secured by the blockchain, a decentralized ledger that records all activity on the network. This ensures that no single party can alter or manipulate past transactions. Transactions are recorded as ‘blocks’ that are linked to each other, creating a chain of transactions that is immutable and transparent. This enhances the security of Litecoin transactions and protects your cryptocurrency investments.