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Where & How to Buy Litecoin (LTC) for Beginners in 2025
In this guide
- 1. Where & How to Buy Litecoin (LTC) for Beginners in 2025
- 2. How to buy Litecoin quickly in 3 steps
- 3. The easiest way to buy LTC
- 4. Best exchanges to buy Litecoin (LTC), reviewed
- 5. How to trade LTC
- 6. What is the best way to invest in Litecoin (LTC)?
- 7. How do I store Litecoin (LTC)?
- 8. Should I buy Litecoin now?
- 9. Is Litecoin (LTC) a good investment?
- 10. FAQs
Trade your favourite markets with our top-rated broker, .
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
The safest and easiest way to buy Litecoin is through a cryptocurrency exchange, which functions similarly to a stock trading platform. It takes just a few minutes to buy Litecoin this way. Follow our quick step guide below.
How to buy Litecoin quickly in 3 steps
Copy link to sectionTo get Litecoin, you need a smartphone or a computer and an internet connection. It takes 10-15 minutes the first time, and you should have some photo ID to hand. Here’s how to do it.
Step 1. Sign up to a crypto platform
Copy link to sectionSign up to one of the best crypto platforms to start trading. Alternatively, there are several other options to select from below. Anyway, create an account and supply a copy of your photo ID for verification.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Plus500
CFD service. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Coinbase
Step 2. Make a deposit
Copy link to sectionAdd funds via a card payment, bank transfer or an alternative payment method. You can start with as little as $100 on most services.
Step 3. Buy Litecoin token
Copy link to sectionLocate the search box and type LTC. Once you locate the coin trading page, enter how much money you want to spend and hit ‘trade now’.
Now you own Litecoin tokens! Not a big deal, right?
The easiest way to buy LTC
Copy link to sectionThe overall best platform to buy Litecoin for beginners is eToro .
Here are the top five places to buy Litecoin, ranked according to their simplicity for beginners, fees, customer reviews, and safety ratings.
Read more about how we rate, rank and review platforms.
Best exchanges to buy Litecoin (LTC), reviewed
Copy link to sectionWe found 22 crypto platforms for users based in
1. eToro. Best for beginners, copy-trading & demo-account
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Overview
We love eToro because it’s an easy place to trade the currency markets. Forex can be intimidating, but eToro strips back the complexity to give you a platform where you can trade 50+ currencies at competitive prices and with up to 30x leverage*.
*CFDs trading is restricted for US users.
As well as being a broker that offers lots of investor protection, eToro offers a very social trading experience. You can easily see how all the major and minor forex pairs are performing every day, track how investors feel about every one of those currencies, and copy other people’s trade suggestions from your desktop or the eToro app.
The fees: eToro charges a fee on currency trades through the spread. Spreads are variable depending on the currency and start from 1 pip for EUR/USD trades, 1.5 pips for EUR/GBP, and 2 pips for GBP/USD. Overnight and weekend fees apply.
Highlights
| No. of tradable assets | 3600+ |
| Min. Deposit | $100 |
| ID verification required | Yes |
| Free demo account | Yes |
| Supported assets | Stock CFDs, ETF CFDs, Forex CFDs, Index CFDs, Commodity CFDs, NFTs, Crypto |
| Mobile trading app | Yes |
| Web trading platform | Yes |
| Regulatory bodies | ASIC, FCA, CySEC, FinCEN |
Fees & Costs
| Trading fees | Yes, on certain assets |
| Inactivity fees | Yes |
| Rollover/overnight fees | Yes, on CFDs |
| Withdrawal fees | Yes |
| Spreads | Yes, on certain assets |
| Conversion fees | Yes, for non-USD currencies |
Pros & Cons
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
2. Plus500. Best for international trading*
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Overview
We love Plus500 because it is one of the industry’s most transparent and reliable brokers. Its fees are clear and you’ll know exactly what you will be paying before you trade. Its technology driven platform gives access to forex futures for over 10 symbols.
Plus500 has something for all types of forex traders, no matter what level of experience. Its low margin requirements (starting at $40) and different contracts make it a top choice for day traders. At the same time, its trading academy is packed with educational content, perfect for beginners just starting.
For accurate instrument availability, visit plus500.com.
The fees: Plus500 charges a commission of $0.49 per Micro contract and $0.89 per Standard contract (per side). There is an Auto-Liquidation fee of $10 per contract. Other exchange fees may be applicable and can be found on the CME group website.
*Based on a comparison of 60+ leading brokers and trading platforms.
Highlights
| No. of tradable assets | 2800+ |
| Min. Deposit | $100 |
| ID verification required | Yes |
| Free demo account | Yes |
| Supported assets | Stock CFDs, ETF CFDs, Forex CFDs, Crypto CFDs, Index CFDs, Commodity CFDs |
| Mobile trading app | Yes |
| Web trading platform | Yes |
| Regulatory bodies | FSA, ASIC, FMA, FCA, CySEC |
Fees & Costs
| Trading fees | No |
| Inactivity fees | Yes |
| Rollover/overnight fees | Yes |
| Withdrawal fees | No |
| Spreads | Yes |
| Conversion fees | Yes |
Pros & Cons
CFD service. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
3. Coinbase. Best secure trading platform for all types of trader
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Overview
We love Coinbase because it’s the leading public crypto platform. Coinbase offers more than 170 cryptocurrencies to trade, a secure wallet to store your coins in, and automatic staking rewards on 10+ cryptos through Coinbase Earn.
Coinbase’s user-friendly platform simplifies the buying, selling, and trading processes, making it one of the top crypto exchanges for all levels of trader. But, Coinbase isn’t just an easy to use platform, it’s one of the safest and most secure.
A public company brings transparency and renown, so you can trust that any money on Coinbase is safe and you’re sharing the platform with over 100 million other users. It stores 98% of customer assets offline in cold storage, minimizing the risk of theft. There is also insurance on all cash balances up to $250,000
The fees: Trading fees start from 0.6% but reduce the higher your trading volume. Bank transfer deposits and withdrawals are free, other payment methods may be charged. There is no fee for wallet-to-wallet crypto transactions but you will have to pay blockchain fees. Coinbase charges a 25% fee for its staking services.
Highlights
| No. of tradable assets | 150+ |
| Min. Deposit | $10 |
| ID verification required | Yes |
| Free demo account | No |
| Supported assets | Crypto, NFTs |
| Mobile trading app | Yes |
| Web trading platform | Yes |
| Regulatory bodies | FSA, FCA, NFA |
Fees & Costs
| Trading fees | Yes |
| Inactivity fees | No |
| Rollover/overnight fees | No |
| Withdrawal fees | Yes |
| Spreads | Yes |
| Conversion fees | Yes |
Pros & Cons
4. Kraken: Best for simple, global cryptocurrency trading from your phone
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Overview
We love Kraken because it’s a beginner-friendly crypto trading platform, one that’s designed to make it quick and convenient to buy and sell crypto on the go. The Kraken mobile app provides access to over 200 cryptocurrencies making it one of the most diverse platforms around.
With an intuitive interface and many advanced features, the Kraken crypto app is suitable for those just starting, or experienced traders wanting to enhance their trading experience. The Kraken mobile app caters to different trading styles and preferences with spot, margin, and futures all available.
Kraken’s mobile app also supports up to 5:1 leverage allowing you to amplify your position and potentially increase your returns. With such a wide selection of tokens available and a solid range of features and tools, the Kraken app is one of the top cryptocurrency trading platforms while on the go.
The fees: Kraken charges a fee of between 0-0.26% on every crypto trade. There are no costs to set up an account and no flat trading fees.
Highlights
| No. of tradable assets | 200+ |
| Min. Deposit | £10 |
| ID verification required | Yes |
| Free demo account | Yes |
| Supported assets | Crypto, NFTs |
| Mobile trading app | Yes |
| Web trading platform | Yes |
| Regulatory bodies | FSA, AUSTRAC, FCA, MiFID II, FinCEN, FINTRAC |
Fees & Costs
| Trading fees | Yes |
| Inactivity fees | No |
| Rollover/overnight fees | No |
| Withdrawal fees | No |
| Spreads | Yes |
| Conversion fees | Yes |
Pros & Cons
5. Uphold. Best for building long term wealth
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Overview
We love Uphold because it’s a regulated and transparent digital asset platform. Uphold is an excellent platform for discovering important new tokens early, making it ideal for investors looking to get in on the ground floor of emerging cryptocurrencies.
Uphold offers a broad selection of coins, with over 250 tokens available catering to both seasoned and novice crypto traders. The platform regularly adds new assets allowing users to invest in promising projects before they gain mainstream attention.
Uphold isn’t just a platform for investing early. One of the main advantages of using Uphold is its transparent and competitive fee structure. The platform does not charge for deposits or withdrawals, and trading fees are clearly stated. You can also trade between different asset classes including fiat currencies.
The fees: Crypto spreads start from 0.9% and are usually lower than 1.3% for BTC and ETH. Other cryptocurrency spreads are higher. Average spreads on fiat currency are 0.2%. There is a $0.99 fee for transactions under $100 made with the Uphold card.
Highlights
| No. of tradable assets | 250+ |
| Min. Deposit | $1 |
| ID verification required | Yes |
| Free demo account | Yes |
| Supported assets | Crypto, Commodities, |
| Mobile trading app | Yes |
| Web trading platform | Yes |
| Regulatory bodies | FSA, FinCEN |
Fees & Costs
| Trading fees | No |
| Inactivity fees | No |
| Rollover/overnight fees | Yes |
| Withdrawal fees | No |
| Spreads | Yes |
| Conversion fees | Yes |
Pros & Cons
Terms Apply. Cryptoassets are highly volatile. Your capital is at risk.
How to trade LTC
Copy link to sectionYou can trade Litecoin on a cryptocurrency exchange using simple steps. Here’s a quick example that clearly lays out how LTC crypto trading works:
- Monitor the price: For simplicity, let’s say the price of LTC/USDT is $1. You read the price charts and decide that now is a good time to start purchasing LTC.
- Open a trade: You trade one USDT for one LTC ($1 USD for 1 LTC).
- Continue to monitor the price: The following month, one LTC token is now worth $2, a 100% increase.
- Close your trade: You trade your LTC token back to USDT for $2.
In this example, you buy and sell Litecoin, doubling your money (trading). While the steps are simple, executing them in a profitable way is not so easy. You need to spend countless hours learning to trade, reading charts and technical patterns, and understanding markets and margin trading, which you can do right here on Invezz.com.
What is the best way to invest in Litecoin (LTC)?
Copy link to sectionThe simplest way to buy Litecoin cryptocurrency is with your bank card. However, there are plenty of other options as well. Here are some of the top ways to pay for LTC.
- Buy Litecoin with a credit card or debit card. Card payments are convenient and instantaneous but you may have to pay a higher fee to make a deposit this way. Binance charges 1.8% for a card deposit and some platforms charge as much as 4%.
- Buy Litecoin with a bank transfer. A bank transfer is usually the cheapest way to buy crypto. Crypto platforms like Crypto.com and Coinbase do not charge for bank transfer deposits, while Binance only charges a $1 fee, and these transactions are more or less instant as they run through the Automated Clearing House (ACH) in the US Faster Payments System (FPS) in the UK, or Single Euro Payments Area (SEPA) in Europe.
- Buy Litecoin with PayPal. Some crypto brokers accept deposits via PayPal. Not many exchanges offer this option. However, you can find here the best crypto exchanges that accept PayPal.
- Alternative payment methods. Crypto brokers often let you pay with other providers or money transfer services, like Neteller, Venmo, or Payoneer. The options vary by broker, though, so check what’s accepted before you sign up.
How do I store Litecoin (LTC)?
Copy link to sectionMost people keep their crypto on the exchange they used to purchase it. If you only plan to hold onto it for a little while, then that’s a perfectly acceptable option. If you want to hold it for years or you own a lot of Litecoin then you should move it to a crypto wallet.
A crypto exchange is similar to a bank account in that it means trusting a company to protect your funds for you. A wallet is like your personal wallet or a safe, where you take responsibility for it yourself. Two of the best Litecoin wallets to use are MetaMask and the Ledger Nano S.
Should I buy Litecoin now?
Copy link to sectionThe answer depends on the current price and your own investment goals. Put simply, purchasing Litecoin, selling Litecoin, and trading LTC are all the exact same process in literal terms. It’s just your personal investing intentions that define whether ‘now’ is a good time to invest or not.
- If you’re a trader: as a cryptocurrency trader, your goal is to make money trading regularly. What do we mean by regularly? Hourly, daily, weekly. Traders buy and sell a coin quickly to secure their profit (or to avoid a loss). They don’t #HODL a coin long-term in the hopes of larger profits. In this sense, any time is a good time to trade Litecoin.
- As a long-term investor: a long-term investor is not concerned if the price is up or down 10% on any given day. Instead, they care that the price of the native token is overall up months or years later, when they’re ready to sell that investment. So if you’re a firm believer in the foundations of LTC, then a good time to purchase Litecoin is on any significant dip.
In our experience, most newcomers to the crypto market sit between the two. You don’t want to wait several years for a return, but buying Litecoin and selling it the next day probably isn’t why you’re here either.
How has Litecoin (LTC) performed this year?
Copy link to sectionThe current Litecoin price today is $77.14, which is -81.32% versus its all time high of $412.96, which it reached on 10 May 2021. LTC is -1.71% this year, with a 52-week high of $146.61 and a 52-week low of $50.43.
Regardless, closely following Litecoin price news & analysis will help you decide when to pull the trigger.
Is Litecoin (LTC) a good investment?
Copy link to sectionWhether it’s good for you depends on your goals and the fundamentals of the project. Here are some key features of Litecoin and its token to help you decide whether to invest in LTC.
- Litecoin is a cheaper and faster alternative to Bitcoin. Litecoin was created by a developer, Charlie Lee, who ‘forked’ (copied) Bitcoin’s code and then modified it so that transactions take place much faster. Litecoin is considerably less expensive to invest in than Bitcoin, but with many of the same features.
- Litecoin is more flexible and improves on Bitcoin in many ways. Litecoin’s big selling point is as a sort of testing ground for new features. For example, the first ‘Lightning’ payment, which has since been made possible with Bitcoin, was made on the Litecoin blockchain. It may not have the same trust, and thus value, as Bitcoin, but it is an innovative cryptocurrency.
- You can use Litecoin as a means of payment online. Hundreds of merchants accept online payments made in Litecoin already, and that number is only likely to grow in the future.
- It’s one of the most established cryptocurrencies on the market. Litecoin was created in 2011 and was the first genuinely successful altcoin. That makes it one of the oldest cryptos – even Ethereum wasn’t even released until 2015.
- Litecoin is unlikely to ever overtake Bitcoin in popularity. The truth is that Litecoin is Bitcoin’s little brother. It has even styled itself the ‘silver to Bitcoin’s gold’. Don’t expect to see Litecoin suddenly become the most popular crypto in the world. It is, however, a more affordable entry into the market.
Use this quick summary of pros and cons to compare Litecoin with other, similar projects.
Pros
Copy link to section- Litecoin is one of the original alternative coins and has been around for 10+ years
- A cheaper way to invest in crypto than Bitcoin
- Litecoin is available on virtually all crypto exchanges
- The price generally follows Bitcoin’s trend
Cons
Copy link to sectionUltimately, many different factors play into the answer. Cryptocurrency is inherently volatile but you can reduce the risks by investing in quality projects that provide value to the community.
