Did you know that Litecoin (LTC) is currently among the top 15 cryptocurrency coins in the world? Even though it is cheap compared to other leading crypto assets, LTC is showing its way to the top. It is not surprising that more and more traders want to trade and invest with this one currency.
Where to Buy LTC
Currently, some several exchanges or brokers can be used to exchange cryptocurrencies like LTC. Three of them are as follows.
This exchange is one of the exchanges that is considered good, especially in the European area. This is because BitPanda itself obeys the regulated crypto rules in Europe which makes people give more attention and trust to it. There are even various payment platforms that are very easy to use to buy LTC here.
Unfortunately, the exchange is only available in the European zone, because the verification process is very strict. The fee and other mechanisms are also very complicated and quite difficult to use.
This exchange is one the best that has a good reputation for having a full exchange-rate service. The UI is very user-friendly and the payment method varies from bank transfers and credit/debit cards.
Unfortunately, just like BitPanda, Coinbase has strict identity verification checks. This restriction is based on checking the identity that you already have. However, if you live in Europe, you will have no problem signing up for Coinbase.
If you use CoinMama, you can find various kinds of payments deposit and withdrawal methods. You can use credit cards, debit cards, Western Union to MoneyGram. This platform can be accessed widely by those who do not have access to traditional banking.
You can also access this platform from all countries. Moreover, the verification is easier when compared to other exchange service providers, making it simpler and faster.
However, the costs required are much higher than other exchange services. Even, some other exchanges don’t allow Litecoin purchases. Therefore, you need to buy another cryptocurrency like Bitcoin before exchanging it to LTC.