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How to buy Litecoin (LTC) Guide

Updated on:  2024/07/23 19:49:50(UTC+0)
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In this tutorial, we will discuss:
Where and how to buy Litecoin
Alternative methods to obtain Litecoin
Methods to obtain Litecoin for free
What are the applications of Litecoin
Market stats to assist in determining optimal times for purchasing Litecoin
How to safely store your Litecoin
How to withdraw Litecoin

Where and how to buy Litecoin

Investing in Litecoin has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Litecoin. Here's a step-by-step guide on how to buy Litecoin on Bitget.

Step-by-step guide

Step 1: Create a Bitget account.

Sign up and download the Bitget app to start your journey on Bitget.

Step 2: Complete Bitget's identity verification.

Kindly verify your identity to ensure full compliance and enhance your Bitget experience.
You can access the identity verification page, fill out your country, upload your ID documents, and submit your selfie. You will receive a notification once your identity has been successfully verified.

Step 3: Place a Litecoin order through any of the various payment options provided.

Credit/Debit card: For Visa/Mastercard, select Credit/Debit card and then click Add New Card in the Buy Crypto tab.
Complete your payment on Bitget AppCredit/Debit in the Buy Crypto tab of the Bitget app
Enter the bank card details to complete your payment on Bitget WebsiteCredit/Debit in the Buy Crypto tab of the Bitget website
Select your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Complete your payment on Bitget AppAdd a new card to complete your payment on the Bitget app
Enter the bank card details to complete your payment on Bitget WebsiteEnter your bank card details to complete your payment on the Bitget website
For Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Litecoin order.
How to buy crypto with credit/debit card
Google Pay and Apple Pay: Turning your Google Pay and Apple Pay balance into Litecoin is easy and secure on Bitget. Click Buy Crypto > [Third Party] in the top navigation bar to place your Litecoin order.
How to buy crypto via third-party gateway
Buy Litecoin via bank transfer: We accept iDeal and SEPA for EUR payments, PIX for BRL payments, PayID for AUD payments, UPI for INR payments, QRIS, DANA, and OVO for IDR payments, SPEI for MXN payments, and Gcash for PHP payments. Services are provided by the AlchemyPay, Banxa, Mercuryo, and Simplex payment gateways. Select Buy Crypto > [Third Party] in the top navigation bar, then select a fiat currency to place your Litecoin order.
How to buy crypto on Bitget P2P
Buy Litecoin with your Bitget account fiat balance: You can Deposit fiat funds with Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Litecoin order.
Zero-fee P2P trading: With Bitget P2P, you can buy crypto with over 100 payment methods, including bank transfer, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Just place an order, pay the seller, and you'll get your crypto. Enjoy secured transactions using escrow.

Step 4:Monitor Litecoin in your Bitget spot account

If you've chosen to purchase Litecoin on Bitget, your Litecoin will be instantly credited to your Bitget spot account upon payment completion. You can click Assets located on the top right corner of the page to check your assets. Additionally, you can buy, deposit, convert, trade, and withdraw them.
Check your Assets
Check your assets

Alternative methods to obtain Litecoin

In addition to purchasing Litecoin directly, there are numerous other ways to obtain Litecoin.

Convert crypto to Litecoin with Bitget Convert

Bitget Convert offers a secure, swift, and zero transaction fee method to convert crypto to Litecoin. Just choose your available crypto assets, specify the amount for the Litecoin swap, confirm, and check Litecoin instantly credited to your spot account. Ensure sufficient account balance before proceeding with the conversion.
Bitget Convert Preview
Bitget Convert preview

Swap on-chain assets to Litecoin with Bitget Swap

Unlike buying or selling crypto, swapping does not access traditional financial rails since fiat currencies are not involved. Bitget Swap supports over 250,000 cryptocurrencies on 30 major blockchains including Ethereum, Polygon, and Solana. You can exchange any other crypto to Litecoin anytime, anywhere, including cross-chain transactions. Transaction gas fees are automatically converted.
Click Trade > [Bitget Swap] in the top navigation bar to swap any other cryptocurrency for Litecoin.

Methods to obtain Litecoin for free

Using real money to buy Litecoin is not the only way to obtainLitecoin. If you have the time to allocate, you can get Litecoin for free.
Learn how to earn Litecoin for free through the Learn2Earn promotion
Earn free Litecoin by inviting friends to join Bitget's Assist2Earn promotion
Receive free Litecoin airdrops by joining On-going challenges and promotions
All crypto airdrops and rewards can be converted to Litecoin through Bitget Convert, Bitget Swap, or Spot Trading.
Note: Want to keep tabs on coin prices? Visit our Coin prices directory or Litecoin Price Page and bookmark them to stay updated!
Litecoin Price Now:
The live Litecoin price today is $72.08 USD with a 24-hour trading volume of $8753634.41 USD. We update our LTC to USD price in realtime. LTC is -0.10% in the last 24 hours.
Are you planning to buy LTC?
See if other users are buying LTC:
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How to buy Litecoin in other countries?

You can easily buy Litecoin (Litecoin) with the lowest fees and highest security wherever Bitget is available. Select your country in the search box below to start buying Litecoin in your preferred location:
This information is manually updated. If you come across any inaccuracies, please inform us at Last checked on 2024-07-23.

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A welcome pack of 6200 USDT for new Bitgetters!

What can you do with Litecoin?

Now that you've secured your share of the digital revolution, it's time to take the next steps. Whether you're a seasoned investor or just starting out, explore our advanced trading features, like margin trading and futures trading, to amplify your potential returns. Keep an eye on the market through our intuitive interface and real-time charts, helping you seize opportunities as they arise. Consider staying ahead of market trends with Bitget's insightful educational resources, providing you with the knowledge you need to make informed trading decisions. Your crypto journey has just begun. With Bitget, you're positioned to navigate the exciting world of cryptocurrencies with confidence. And remember, our dedicated customer support team is here to assist you on your journey, addressing any queries you might have.

Store/Hold Litecoin

Many users hold on to their Litecoin with the expectation of it increasing in value. You can store your LTC safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.


Trade Litecoin

You can trade Litecoin for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for Litecoin trading to meet your needs.


Send Litecoin

Yes, Bitget allows you to easily transfer value around the world, fast. You can buy Litecoin online and send to anyone and anywhere with their Litecoin address.


Spend Litecoin

You can also buy goods and services with your Litecoin. More and more vendors and retailers accept Litecoin every day.


Donate Litecoin

Bitget Charity accepts Litecoin donations for global projects that aim to improve the lives of people in the bottom billion. You can donate Litecoin so no one misses out on the growth made possible by blockchain.


Learn More About Litecoin

You can read more in-depth articles on Litecoin from Bitget Research and study how cryptocurrencies like Litecoin work on Bitget Academy

Market stats to assist in determining optimal times for purchasing Litecoin

Maybe you just need to know more about it. Let us briefly guide you through the most interesting Litecoin facts from our Bitget Academy articles. Learn why people buy Litecoin today!

What is Litecoin (LTC)?

Litecoin is a decentralized open-source blockchain and is widely considered the first successful alternative coin (or altcoin) in the market. Technically, Litecoin was not the first altcoin to exist in the market; there were many that came before Litecoin, but all of them died soon because they were not convincing enough so that crypto users could adopt them en mass. Launched in 2011, Litecoin has the aim to be “the silver to Bitcoin’s gold”. Though whether the goal of Litecoin is achieved is up for debate, it is no doubt among the biggest cryptocurrencies by market capitalization.

Litecoin was a hard fork from Bitcoin that was created to remedy the shortcomings of the original. The major differences of Litecoin are that

(1) it was fairlaunched,

(2) block is generated in less time,

(3) total supply of token is increased,

(4) different hashing algorithm, and

(5) different GUI (graphic user interface).

These technical improvements lead to faster speed, lower fee, and more accessible for the masses.

Regarding the creator of Litecoin, he is an MIT graduate and former Google engineer, Charlie Lee. Lee invented Litecoin as “mainly a fun side project” and got a job at Coinbase not long after. However, in 2017, he quit Coinbase to work on Litecoin full-time.

How Litecoin (LTC) Works

Litecoin is one of the few popular cryptocurrencies that still use the PoW consensus algorithm because PoW is often criticized for huge energy consumption, low speed, and lack of scalability. Yet, the PoW consensus of Litecoin is quite different. Instead of using the SHA-256 hashing algorithm of Bitcoin, Litecoin implements a different hashing algorithm called Scrypt. It has a special time-memory trade-off to enhance the decentralization in mining and avoid the situation where a few miners with better computing power claim too many tokens. Basically speaking, a miner can increase speed while having to use more memory, or they can use less memory while doing more work and taking longer. This means that it would cost either a lot of time or a lot of resources to perform operations on Litecoin, thus making a large-scale attack much less likely. In fact, Litecoin has not had any major exploits.

Moreover, this inherent time-memory compromise of Scrypt allows easier mining for those with limited computing power. In Litecoin, custom hardware does not necessarily have the edge over non-custom hardware. For example, mining Bitcoin with a GPU is twenty times faster than with a CPU (a more general-purpose hardware), while mining Litecoin with a GPU is only ten times faster than with a CPU.

Other than the fundamental difference in hashing algorithm, Litecoin has each block added every 2.5 minute instead of every 10 minute like Bitcoin. This means that transactions of Litecoin are technically processed four times faster than in Bitcoin.

How Many LTC Tokens Are There in Circulation?

The main token of the Litecoin network has the ticker LTC. This token has a total supply of 84,000,000 to ensure that the last LTC is mined at the same time as when the last Bitcoin is mined. At the moment, there are 71,224,181.28 LTC in circulation.

LTC implements a halving mechanism to control inflation. Yet to make Litecoin’s halving event happen at roughly the same time as Bitcoin's, 840,000 blocks must pass before each halving event on Litecoin while the number is 210,000 on Bitcoin. LTC has gone through two halving events, the first one in 2015 and the second one in 2019. At the beginning, each block rewarded 50 LTC, then decreased to 25 LTC and 12.5 LTC after each halving. Currently, the reward for mining is 12.5 LTC per block. The next halving event of LTC will happen in 2023 and the mining reward per block will be reduced to 6.25 LTC then.

How to Buy Litecoin (LTC)

Consider investing in Litecoin (LTC)? It only takes 2 minutes to create an account on Bitget and start trading LTC.

Check out the available LTC trading pairs on Bitget!

Futures Market



Spot Market




Litecoin Resources



How to safely store your Litecoin

Many investors opt to hold onto their Litecoin for long-term investment. Safeguard your Litecoin with confidence using the Bitget Wallet, known for its industry-leading security and risk control, backed by Suntwin Technology, Qingsong Cloud Security, HEAP, and Armors. Sign up now to enjoy the perks of owning a Litecoin wallet at Bitget.

How to withdraw Litecoin with Bitget's hassle-free withdrawal process

Using an exchange is one of the most convenient methods to cash out your Litecoin or other crypto, and Bitget stands out as an excellent choice. With its user-friendly Buy/Sell buttons, Bitget simplifies the experience, allowing you to intuitively select the cryptocurrency you want to sell and specify the sell amount.
When it comes to withdrawing the Litecoin you've acquired, Bitget offers a seamless experience. Enjoy competitive fees, a flexible minimum withdrawal threshold, and lightning-fast delivery times within 24 hours, ensuring your is readily available for you.

How to buy Litecoin (LTC) Guide

How do I purchase Litecoin?
Nowadays, you can purchase and store Litecoin hassle-free on a CEX like Bitget. You can use your debit/credit card, bank transfer, or perform peer-to-peer trading to buy Litecoin. You can easily do it on your computer, tablet, iOS, or Android.
Can I buy US$1 worth of Litecoin?
In theory, Litecoin can be divided and bought in an amount that is worth US$1, but on Bitget, the minimum order amount on the spot market is limited to US$5.
Can I buy US$10 of Litecoin?
Yes, can be divided and bought in an amount that is worth US$10. On Bitget, the minimum order amount on the spot market is limited to US$5.
Where else can I buy Litecoin?
If a token is not available for purchase via the P2P market or debit/credit card. You can place a buy order for it via the spot market.
Where is the best place to buy Litecoin?
The best place to buy Litecoin is the exchange that provides hassle-free and secure transactions combined with a convenient interface and high liquidity. Millions of users every day choose Bitget as a trusted crypto purchase platform.
Should I buy Litecoin right now?
You should make a decision on purchasing or investing in Litecoin or other tokens after performing your own research and analysis. Bitget provides user-friendly crypto trading and purchasing services. Additional resources such as Bitget Academy and Bitget Insights help users to navigate the current market news and trends.
Cryptocurrency investment activities, including actions done to buy Litecoin online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Litecoin instantly, and we put our best efforts to fully inform our users about each and every cryptocurrency we offer on the exchange, but we are not responsible for the results that may arise from your Litecoin purchase. This page and any information in it is not meant to be interpreted as an endorsement of any particular cryptocurrency or method of acquiring it.