How to buy Litecoin with credit card in 2022

A credit card is often one of the easiest ways to fund your cryptocurrency trading account. This page explains how to buy Litecoin using a credit card and the best brokers to use.
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Updated: Jun 28, 2022

This beginner’s guide will help you understand the pros and cons of using your credit card to get Litecoin. It will also run through some of the best brokers and exchanges that you can use and how to choose between them.

Can you buy LTC with a credit card?

Yes, you can buy Litecoin using a credit card with most brokers. The top cryptocurrency brokers usually accept a wide range of payment methods and credit cards are high up on the list. Using a credit card to purchase LTC is an easy and convenient way to get the coin, with the added benefit of a quick transaction process.

Where can you buy Litecoin with a credit card?

We’ve put together a list of top-rated brokers that accept credit cards and also offer Litecoin. You can head straight to one of the platforms below if you want to get started now, or keep reading to learn more about how to do so first.

1
Min. Deposit
$1
Promotion
User Score
10
The world's largest cryptocurrency exchange with over 2bn daily users
Innovative trading platform offering enormous range of crypto coins
Supports over 60 methods of payment including PayPal
Start Trading
Description:
Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.
Payment Methods
1Pay, 2C2P, 3d Secure Credit Card, ACH, ANELIK, Abaqoos, AdvCash, AlertPay, Alfa-Click
Algocharge, AliPay, American Express, Apple Pay, AstroPay, BPAY, Bank Link, Bank Transfer, Bank Wire, Baofoo, BitGold, BitPay, Bitcoin, Boleto, Bonds, Borneo Exchanger, Bradesco, CEX.io Mobile App, CFDs, CSS System, CUPS, CartaSi, Carte Bleu, Carte Bleue, Cash, CashU, Cashier Order, Check, Check (UK only), China UinonPay, China Union Pay, China UnionPay, ClickandBuy, Commodities, Contact, Contact Z, Credit Card, Cryptocurrencies, Currencies, DCPay, DIXIPAY, Dankort, Debit Card, Dengi Online, DineroMail, DirectPay, Dotpay, E-dinar, ELV, ENets, EPS, ETFs, EXCARD, Easy2Pay, EcoPayz, Ecommpay, Ecurrencyzone, EgoPay, Emerchant Pay, Eprotections, EstroPay, Ethereum, Euro Bank Account, Euteller, Express Dotpay, Express Polish Post Office 24/7, Express Zabka Market, Ezeebill, Ezybonds, FasaPay, Fastapay, Fastbank, Faster Payments, FilsPay, Forex, GTBank, Gate2Shop, Giropay, GlobalCollect, GlobalPAY, GlobePay, Gluepay, Google Pay, Halcash, I-Account, IPS, Ideal, Indices, Individual US State License(s), Indonesia Exchanger, InstaBill, Instadebit, IntellectMoney, Interswitch, Investmate, Investmate, Itukar, KNET, Klarna, LaoForexBoard, LavaPay, Lion Payment, LiqPay, Litecoin, Lobanet, MOTO, MT4, MT5, Mailing Cash, Market Maker, Masari, Mastercard, MegaTransfer, Mister Cash, Mobile Trading App, Mobile Trading Platform, Moneta, Money Bookers, Money Order, MoneyBookers, MoneyGram, MoneyPolo, Multibanco, NETBANX, Nab, Namecoin, Neosurf, NetPay, OKPAY, OMT, OmahPoin, OnPay.ru, Online Naira, OrangePay, PAYSEC, POLi, POLi & BPay, PYEER, PagoEfectivo, Paxum, Pay Nova, PayCo, PayPal, PayRetailers, PayWeb, Payeer, Payoneer, Payonline, Payvision, Payza, Perfect Money, PocketMoni, Postbank, Powercash 21, Prepaid MasterCard, Prepaid MasterCard (I-Account), Prepaid MasterCard (Intercash), Prepaid MasterCard (Payoneer), Privat 24, Przelewy24, QIWI, RBK Money, Rapid Transfer, RegularPay, SEPA, Safecharge, SafetyPay, SahibExchange, Shilling, SmartPay, Sofort, SolidTrust Pay, SorexPay, Sporopay, Stock Certificate, Stocks, Swish, Teleingreso, Thailand Exchanger, Ticketsurf, Todito Cash, Trade Interceptor, Transact Europe Payment, Trazus, TrustPay, Trustly, UAE Exchange, UPayCard, USD, Ukash, Unet, UnionPay, Unistream, Uphold, Verve, Vietnam Exchanger, Visa, VixiPay, VoguePay, Vouchers, Wallet One, WeChat, Web Based Trading Platform, WebMoney, WebPay, Webtrader, Western Union, Wire Transfer, Wirecard, Yandex, Yandex Money, Yemadai, YuuPay, Z-Payment, Zenith, cTrader, dinpay, eCard, eCheck, eKonto, ePay bg, ePayments Transfer, eToro Mobile Trading Platform, eToro Trading Platform, eTranzact, iPay, mPay, neteller, paysafecard, postepay, skrill, unichange.me
Full regulations list:
2
Min. Deposit
$50
Promotion
User Score
9.3
Safe & Secure cryptocurrency exchange
Impressive limits
Liquidity Accepted in over 200 countries
Start Trading
Description:
Coinmama is a bitcoin broker based in Israel. They specialize in selling bitcoins for credit card to nearly anyone in the world.
Payment Methods
Credit Card, Google Pay
Full regulations list:
3
Min. Deposit
$1
Promotion
User Score
8.7
200+ trading instruments, including currency pairs, stocks, metals, indices, commodities and cryptocurrencies
More than 70 cryptos available
Variety of ways to deposit and withdraw money
Start Trading
Description:
Instaforex provides top-notch services and reliability are recognized by numerous awards and proved by the trust of over 7,000,000 clients. A wide selection of offers and investment solutions can meet the needs of any demanding trader. The safety is supported by the licenses from the CySEC, the SNB, the KNF, and CNB. InstaForex has everything to make your trading experience as positive as possible.
Payment Methods
BPAY, Bank Wire, Bitcoin, Boleto, CartaSi, Carte Bleue, China UnionPay, Credit Card, Dankort
Debit Card, Giropay, Ideal, MoneyGram, POLi, Paxum, PayCo, Przelewy24, Sofort, Trustly, Western Union, ePay bg, ePayments Transfer, neteller, postepay, skrill
Full regulations list:

How to buy Litecoin with credit card – a step-by-step guide

Below we’ve put together an easy step-by-step guide to help you start buying Litecoin with a credit card. This process can be replicated across all brokers who accept credit cards. 

  1. Create a credit card account. The first thing you need to do is get a credit card if you don’t already have one. Applying for one is usually a straightforward process, although it can take some time, as banks will usually want to do some checks before accepting you. 
  2. Find a broker and sign up. Once you have your credit card you’ll need to find a broker that accepts it as a payment method. You can check out our list above for some expert suggestions. Signing up is quick and easy. All you need to do is fill in your information and provide some ID and you’re ready to go. 
  3. Deposit money using your chosen payment method. When your account is up and running you’ll need to fund it. Just click on the deposit button when you have logged in. Next fill in your credit card information and the amount you wish to deposit. Finally click the deposit button and your account will be funded. 
  4. Search for the coin you want to buy. Brokers often have lots of different coins available to buy so you’ll need to find the Litecoin page. Simply go to the search bar and enter the ticker symbol LTC. You’ll then be taken to the Litecoin trading page where you can see all of its information, including up to date prices. 
  5. Execute the trade. When you’re happy with the current price for LTC you’ll be ready to place your order. All you need to do is choose how many coins you want to purchase and click the buy button. Your trade will now be live and you can always check up on it in the open position section of your platform. 

Top platforms that accept credit card

A lot of brokers now accept credit cards so it can be difficult to find the best ones. Below we’ve selected three top platforms that accept credit cards and explained how to buy LTC using each. 

Use credit card with Coinbase

Coinbase is one of the biggest crypto exchanges around and has over 20 million users. The platform lets you buy and sell coins. You can also store your coins in a wallet and it even has a debit card which you can use to spend your cryptocurrency. It has one of the largest ranges of tokens available with more than 120 and you can use a credit card to buy Litecoin. 

Using a credit card with Coinbase is easy to do, although you can only use one if it supports ‘3d secure’. This is a function that adds an extra layer of security to your card and your bank will require you to verify each purchase or transfer you make. When you use a credit card with Coinbase, your transactions are instantly processed. 

To buy LTC you have to go to the payment page when logged into your account. Here you can enter your card details and your account will be ready to use. Finally go to the Litecoin trading page where you can select the number of coins you want to buy and hit enter. Coinbase has some fees, most notably a 3.99% charge when using a credit card, so its worth keeping that in mind.

Use credit card with Binance

Binance is another popular cryptocurrency exchange where you buy Litecoin using a credit card. It has one of the biggest numbers of coins available to buy and using a credit card is an easy process. 

To buy LTC with a credit card on Binace all you need to do is click the buy crypto option when you’re logged into your account. Next click credit card from the drop down menu and enter your card details. Finally select the coin you want to buy and the amount of fiat you want to spend. The platform will automatically calculate how many coins you will receive. 

When using a credit card with Binance there are some fees involved. Depending on your location you’ll pay a small fee to deposit and withdraw. This is usually in the range between 0.5% – 2%. You will also need to consider the difference between the buy and sell price, known as the spread.

Should I use a credit card to buy Litecoin?

If you already use a credit card for everyday purchases, then using one to buy Litecoin could be a good idea. Credit cards are an easy and convenient way to buy LTC although you will need to take into account the additional fees involved. However, most credit cards offer high levels of security against fraud, even when purchasing cryptocurrencies. 

One of the drawbacks of credit cards is you cannot store crypto on them. When withdrawing profits from your broker or exchange, you’ll have the added step of having to convert your coins into fiat before withdrawing. 

What are the fees for buying LTC with a credit card?

Every platform will have a different fee structure when it comes to credit card deposits and withdrawals. Most of the time deposits are free but not always. Withdrawing usually comes with an additional charge. It’s advisable to check your broker’s fee schedule before using a credit card. 

Why don’t more brokers or exchanges support credit card?

Many brokers and exchanges do support credit cards, but not all do. Credit cards are known for high fees which is why some platforms don’t accept them. There are some exchanges that operate in crypto only, meaning you’ll first need to use your credit card to buy a coin like BTC, before you can exchange it for another coin such as Litecoin. 

Alternative payment methods

If you prefer to not use a credit card then there are lots of other options available. The easiest is to use a debit card which is accepted by most platforms. It’s also possible to use payment providers such as Paypal and Apple Pay when buying Litecoin. There are also many regional payment methods such as Swish or Payoneer. 

FAQs

Can I buy Litecoin with no fees?
Can I buy other cryptocurrencies with a credit card?
Does Coinbase accept credit cards?
Does Binance accept credit cards?
Can I store LTC in my credit card account?
Is a credit card the best option to use to buy LTC?
Can I use a credit card for other cryptocurrencies as well?
Is a credit card the easiest way to get Litecoin?
Is using a credit card recommended for beginners?

Fact-checking & references

Our editors fact-check all content to ensure compliance with our strict editorial policy. The information in this article is supported by the following reliable sources.

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Prash Raval
Financial Writer
When not researching stocks or trading, Prash can be found either on the golf course, walking his dog or teaching his son how to kick a… read more.