Cryptocurrencies continue to gain popularity, and while Bitcoin remains the leader, altcoins like Litecoin are confidently following behind.
This year, LTC showed impressive growth — +3500%. Imagine: a $100 investment at the beginning of the year would now be worth almost $3600! Such returns are unavailable to most traditional financial instruments.
However, with growing interest in Litecoin, many platforms for purchasing it have appeared — and not all of them deserve trust. To help you make a safe choice, we’ve compiled a list of verified exchanges and exchangers.
1. Coinbase — Simple Start for Beginners
Coinbase is one of the most popular crypto exchanges in the world, especially in the USA. Here you can easily buy Litecoin using a Visa/MasterCard debit or credit card (provided 3D Secure is supported).
How it works:
- Register and complete verification by uploading a photo ID.
- Add a card in the “Payment Methods” section.
- The system will make two small transactions ($1.01 to $1.99) — check the amounts in your card statement and enter them in Coinbase.
- After card confirmation, go to the “Buy/Sell” section, select Litecoin, specify the amount, and complete the purchase.
Fee: 3.99% for card purchases.
Availability: The service works in 32 countries. Check if it’s available in your region.
2. Binance — Low Fees and Wide Asset Selection
Binance quickly became one of the crypto market leaders thanks to supporting over 100 coins, including Litecoin. The exchange offers:
- Trading pairs: LTC/BTC, LTC/USDT, LTC/ETH, LTC/BNB.
- Standard fee — only 0.1%.
- Additional 50% discount if paying fees in BNB (platform’s native token).
Registration is simple, there are mobile apps for iOS and Android, as well as support in multiple languages.
3. Bitfinex — For Advanced Traders
This exchange, founded in Hong Kong in 2014, is suitable for those who want to trade LTC for dollars or bitcoins. However:
- Minimum fee for fiat withdrawal — $20.
- Trading fees range from 0.1% to 0.8%.
- Verification takes up to 20 business days.
- Important: Bitfinex doesn’t serve clients from the USA.
Mobile apps and advanced trading tools are available.
4. Kraken — Reliability and Fiat Support
Founded in San Francisco in 2011, Kraken is one of the oldest and most reliable exchanges. It supports purchasing Litecoin for USD, EUR, GBP, JPY, and CAD via bank transfer (SEPA or wire).
Features:
- No card purchase support.
- Multi-level verification (may take time).
- High security level: two-factor authentication, PGP encryption for email, master key for recovery.
5. Changelly — Instant Exchange Without Registration
If Coinbase or Kraken are unavailable in your country, Changelly is an excellent alternative. The platform works almost worldwide and allows:
- Buy LTC directly for fiat (Visa/MasterCard).
- Exchange BTC or other cryptocurrencies for Litecoin.
Minus: Rates here are above average, but the process is maximally simple and fast.
You’ll only need a Litecoin wallet address and payment method.
6. Poloniex — Liquidity and Experience
Poloniex is a legendary exchange operating since 2014. It offers high liquidity and supports over 100 assets, including Litecoin.
LTC Trading Pairs:
- LTC/BTC
- LTC/USDT
- LTC/XMR
Fee: From 0.15% to 0.25% depending on the role in the trade (maker or taker).
Conclusion
Platform choice depends on your goals:
- For beginners — Coinbase or Changelly.
- For active traders — Binance or Poloniex.
- For fiat operations in Europe — Kraken.
Remember: only invest funds you’re prepared to lose. The crypto market is volatile, and security starts with choosing a verified exchange.
