How To Buy Litecoin (LTC) In 3 Easy Steps

This guide will show you how to buy Litecoin instantly with USD.

STEP 1

First, you will need to go to Coinbase to create an account. Coinbase is regarded as one of the safest places to buy cryptocurrency. 

STEP 2

This is the Dashboard:

Scroll down until you see “complete your account”. You will need to verify your identity. This is a simple process which requires a photo of your ID.

You will also add a payment method to your account during this step. 

Using a debit card is the quickest option. Linking your bank account will allow for higher limits and lower fees, but the process can take a few days.

STEP 3

You now have a complete account. You can proceed to buy your Litecoin!

Select Litecoin from the list of assets on the dashboard. You will be redirected to the purchase page.

Type in the amount of USD you want to spend. The amount you input will already have the fees calculated in. 

Preview your purchase to see the amount of Litecoin you will be receiving. Your preview will look like this:

Click “Buy now” to complete the order.

That’s it! You now officially own Litecoin. 

What Else Should I Know?

Selling your LTC for USD is just as easy but you will need to link your bank account or PayPal. Using PayPal to withdrawal will be instant but withdrawing to a bank account can take a few days. 

Coinbase allows you to convert your LTC into a different crypto asset for free but they don’t have many options. Switchainhas a larger selection of assets to choose from. The process is simple and doesn’t require you to sign up for an account or forfeit personal information.