- Litecoin (LTC)
- Live Price $148.55
- Market Cap $9.90 B
- Volume $2.73 B
- Available Supply 66.75 M LTC
- Rank 18
Litecoin price converter – Litecoin to INR, USD, and other Currencies
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Litecoin Price, Litecoin Trading volume, and Marketcap history
Litecoin Price Technical Analysis
Litecoin was released via an open-source client on GitHub on October 7, 2011, by Charlie Lee, a Google employee.
While Bitcoin was seen as “gold” and a store of value for long-term purposes.
Litecoin was seen as the “silver” and a means of a transaction for cheaper and everyday purposes.
It’s also an open-source pear-to-pear digital currency the same as Bitcoin and works on its own blockchain technology.
Which has a faster block generation rate hence offers a fast transaction confirmation in comparison to Bitcoin?
The Litecoin Network aims to process a block every 2.5 minutes, rather than Bitcoin's 10 minutes.
The main difference between Litecoin and Bitcoin is their mining procedure.
Both Litecoin and Bitcoin use Proof-of-work consensus mechanism.
Let me explain in simple words what is proof of work?. The miners use their computational power to solve extremely hard cryptographic puzzles.
The puzzle-solving needs to be extremely hard, if it is simple then miners will keep mining blocks and drain out the entire bitcoin supply.
However, while the puzzle-solving part is difficult, checking to see if the solution of the puzzle is correct or it is difficult.
- Solving the puzzles and getting a solution should be tough.
- Checking to see if the solution is correct or not should be difficult.
Miners are currently awarded by 25 new Litecoins per block an amount which gets halved roughly every four years.
There is a total of 84 Million Litecoin available which is four times more than its counterpart Bitcoin.
Litecoin is also one of the few cryptocurrencies which are accepted by the online merchants in the form of payment.
Because Litecoin blockchain is capable of handling higher transaction volume.
As a result, merchants get faster confirmation times, while still having the ability to wait for more confirmations when selling bigger ticket items.
How and where to buy Litecoin 2020
There are numerous ways to buy Litecoin.
Below I have listed every single way to buy Litecoin in any part of the world with prominent payment methods.
Buy Litecoin with credit & debit card 2020.
There are multiple Litecoin exchanges which allows buying Litecoin with Credit & debit card directly. Few of the best Exchange are:
1. Coinbase Exchange
One of the trusted and renowned Cryptocurrency exchange to buy coins with Credit & debit card directly (especially for US users). Coinbase exchange currently supports 31 Cryptocurrencies and 18 more coming soon.
It charges a 3.99% fee with a Visa and Mastercard.
You can buy 1000$ worth Bitcoins just by setting up your account.
- If you don’t find Litecoin at Coinbase Exchange. Then First buy Bitcoin here
- Then transfer Bitcoin to Binance Exchange.
- Later Exchange Litecoin with Bitcoin at Binance Exchange
Cryptocurrencies supported by the Coinbase are:-
- Bitcoin cash (BCH)
- Ripple (XRP)
- Ethereum Classic (ETC)
- Maker (MKR)
- ATOM (COSMOS)
- Bitcoin SV
- OMISE GO (OMG)
- Augur (REP)
- Basic Attention Token (BAT)
- Loom Network
- District Ox
2. Cex.io Cryptocurrency Broker
Cex.io exchange is also a renowned exchange to buy coins with credit & debit card directly.
Cex.io Exchange charges 7% buying fee if you buy using their brokerage service.
Otherwise, Cex.io Exchange only charge 2.9% Fee with Visa and MasterCard
Cex.io supports 26 cryptocurrencies
Crypto supported by Cex.io are:-
- BitTorrent (BTT)
- Bitcoin Cash (BCH)
- Bitcoin (BTC)
- Bitcoin Gold (BTG)
- Gemini Dollar (GUSD)
- Ethereum (ETH)
- Tether (USDT)
- Chain Link
- OmiseGO (OMG)
- USD Coin
- Ontology Gas (ONG)
- Cosmos (ATOM)
- Ripple (XRP)
- Dash (DASH)
- Zcash (ZEC)
- Litecoin (LTC)
- Stellar (XLM)
- MetaHash (MHC)
- TRON (TRX)
3. Changelly instant cryptocurrency exchange
Best Instant cryptocurrency exchange to buy Litecoin with a credit & debit card instantly. Changelly supports more than 200 coins. Changelly charges a 5% fee.
You can buy Litecoin directly without submitting your personal information. Just attach your Credit or debit card and receive coins instantly to your wallet
Changelly supports more than 150 cryptocurrencies. You can read the review to learn in detail
4. Binance Exchange
Binance has recently started service to buy Litecoin with credit & debit card via simplex. Binance is a leading cryptocurrency trading platform in the industry. The exchange supports more than 1300 cryptocurrencies and thousands of trading pairs.
Although there is no KYC required for trading at Binance but to buy Litecoin with a credit card you have to provide your personal information.
The same is true for the fee. There is a low trading fee on the Exchange.
But to buy Litecoin with a credit & debit card you have to pay a 5% to 10% fee of the total buying amount.
Sign up for Binance using the link and receive a 10% discount on the trading fee for a lifetime.
5. LocalBitcoins Exchange
Local Bitcoins is the world’s best p2p (peer to peer) exchange.
If You are unable to find Litecoin in any of the above exchanges. Then you can buy Litecoin at LocalBitcoins Exchange indirectly.
LocalBitcoins Exchange allows to buy bitcoin with every payment method possible, using any Fiat currency, and in any part of the world.
On top of this, You don’t need to provide any personal information to buy bitcoin from the exchange.
Local bitcoins charge a 1% transaction fee with both seller and buyer.
You can buy Litecoin indirectly at LocalBitcoins Exchange in Approximately 30 minutes
Step -1. First Buy Bitcoin with debit or credit card at LocalBitcoins Exchange.
Buy Litecoin with PayPal directly
The best way to buy Litecoin with PayPal is to First, buy bitcoin at Localbitcoins Exchange
Then transfer Bitcoin to Binance Exchange. Subsequently, Exchange Bitcoin with Litecoin.
There is almost no exchange that allows buying Litecoin with PayPal directly. Therefore, the best way is to buy Litecoin with PayPal at LocalBitcoins exchange indirectly
Buy Litecoin with Skrill, Neteller, Payza
Note: – Cex.io is the best Exchange that accepts Skrill as the payment method. If you are unable to find your coin listed at Cex.io Exchange.
Then you can buy Litecoin indirectly with Payza, Neteller, Skrill at LocalBitcoins Exchange
First, buy Bitcoin with Payza, Neteller or Skrill at Localbitcoins exchange.
Then transfer Bitcoin to Binance Exchange. Then trade Litecoin with Bitcoin.
Buy Litecoin with Bank transfer (SEPA, SWIFT)
Note: If You are unable to find Litecoin at Coinbase or Cex.io Then Buy it Indirectly at LocalBitcoins Exchange.
LocalBitcoins exchange can always be used to buy Litecoin with every possible payment method (like Gift cards or cash) in any part of the world (indirectly).
- First Buy Bitcoins at Localbitcoins Exchange with your preferred payment method.
- Then transfer Bitcoin to Binance Exchange
- Then Exchange Bitcoin with Litecoin.
- At last withdraw Litecoin to the supported wallet
If you don’t find Litecoin at Binance Exchange or Changelly Exchange
Then you can check above Litecoin exchanges section. There you can find the Exchanges the Litecoin is currently trading
Later transfer your bought bitcoins to any of the Litecoin Exchange and convert them to
Paxful Exchange is an alternative to LocalBitcoins Exchange. But Localbitcoins has a relatively large customer base. Hence, you can find better rates here.
ALWAYS USE HARDWARE WALLET TO STORE YOUR Litecoin COINS
Frequently Asked Questions
Above shown Litecoin price is the live price and gets updated every minute.
2. How and Where buy Litecoin in India with INR?
You can buy Litecoin in India with INR directly on WazirX Exchange, BitBns Exchange, or Binance exchange via UPI, PAYTM, Wallets or IMPS.
LocalBitcoins exchange can also be used to buy Litecoin with INR indirectly.
If you wanted to store Litecoin securely then always use a hardware wallet. Ledger wallet is the cheapest and safest hardware wallet available online.
LocalBitcoins and Paxful Exchange are the two exchanges which allow buying Litecoin with Apple Pay or any Gift card indirectly
First, buy Bitcoin at Localbitcoins Exchange or Paxful Exchange with Gift card
Then transfer Bitcoins to Binance Exchange or Changelly Exchange.
Then exchange Litecoin with Bitcoin
Changelly is the best exchange to buy Litecoin anonymously.
Same as mentioned above LocalBitcoins exchange and Paxful Exchange are the exchanges. Where you can buy Litecoin with every possible payment method in any part of the world indirectly.
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