This will help you determine whether to buy (long) or sell (short) a particular asset in a given trading session. You may have come across several opinions online on how much Litecoin will be valued in the future, https://www.tokenexus.com/ and this is what is obtainable in the fast-paced crypto industry. Giving precise predictions about Litecoin is impossible as the price of the coin depends hugely on the direction of the broader crypto market.

• At the number 10 ranking under the market cap for cryptocurrencies, Litecoin (LTC)’s price is currently at $50.68 (at the time of writing).
• If you only want to store Litecoin, and not multiple cryptocurrencies, a Litecoin-specific wallet could be a good fit.
• If you already own cryptocurrencies like Bitcoin or Ether, or stablecoins like Tether, you can start buying Litecoins on Binance with those.
• It can be an alternative to protecting your wealth from inflation, much like Bitcoin does, given its silver narrative.
• In the case of LTC/USDT, bitcoins can be converted into Tether, a stablecoin whose value is pegged to the U.S. dollar.

Another unique feature is eToro’s social trading, which combines financial markets with social features, allowing anyone to copy professional traders. EToro offers the most seamless platform with which to buy litecoin. The world’s leading social investment company offers a how to buy litecoin wide range of features and services; however, CFDs are not available for US customers. As we have demonstrated above, eToro allows you to buy LTC in just a few simple steps using only your bank card. If you are interested in other digital assets, click on the “crypto” tab.

Litecoin has increased 4.03% from $80.17 over 24 hours. Learn how to buy Litecoin.

We compare the top providers along with in-depth insights on their product offerings too. We do not advise or recommend any provider but are here to allow our reader to make informed decisions and proceed at their own responsibility. Contracts for Difference (“CFDs”) are leveraged products and carry a significant risk of loss to your capital. Please ensure you fully understand the risks and seek independent advice. By continuing to use this website you agree to our privacy policy. This is a subjective question as it really depends on your own personal views.

While there are other options, such as receiving Litecoin as payment or mining Litecoin, these are likely to require more legwork for a first-time buyer. More broadly, there are thousands of cryptocurrencies, all competing for the same investor dollars. And beyond crypto, there are many other investments such as stocks, bonds or real estate that you might want to consider. Once you have bought your Litecoin, you can hold it in your Revolut account. You can also trade it for other crypto or sell it for 30+ currencies, directly in-app.

Buy Litecoin Using Cryptocurrency Brokers – The Easiest Way

74% of retail investor accounts lose money when trading CFDs with this provider…. CryptoRocket charges low deposits with a minimum deposit of only $10. However, deposit methods on CryptoRocket are limited, unlike other services. You can only deposit with wire transfers, Bitcoin, and cards. The online broker supports various currencies, such as cryptocurrencies, indices, CFDs, options, bonds, etc.

In that case you will need to use an exchange that does not have any KYC. On the other hand CoinFlip ATMs charge a 6.99% fee plus a network mining fee. However it can go up or down in price depending on the demand on the network. On average they usually charge an 8.4% fee, but it could be as much at 25%. Unfortunately crypto ATMs are not transparent with their fees.

Keep Your Investments Minimal

You can also try out Coinbase Pro if you want to use advanced trading tools. Non-fungible Tokens (NFTs) come in different forms like tickets, digital art, and online land. This technology lets you generate a completely unique token that cannot be copied by another individual. Unfortunately, there are no great NFT Litecoin platforms available. Yes, you must pay capital gains tax on crypto that you’ve sold at a profit in the UK.