How to Buy Litecoin in 2025

Often referred to as Bitcoin’s younger brother, Litecoin is one of the oldest and most popular cryptocurrencies. As such, it can be purchased from various crypto marketplaces and trading platforms.

That said, we believe that centralized crypto exchanges, or CEXs, are the best place for purchasing Litecoin, as they are safe, reliable, and cost-effective. Buying LTC from a CEX is not an overly complicated process and can be broken down into six key steps:

1. Research for a crypto exchange suitable for your purchase
2. Create an account with the exchange you chose
3. Complete the KYC verification on the exchange
4. Deposit funds to your account to fund your purchase
5. Place a buying order on Litecoin and confirm the transaction
6. Secure your LTC by moving it to your own crypto wallet

This guide will not only show you how to start investing in Litecoin but also provide you with the top list of best crypto exchanges to buy LTC in 2025. We will also explore some alternative methods and discuss the best use cases for your newly purchased Litcoin.

Where to Buy Litecoin – Best Exchanges

The most critical steps when purchasing Litecoin is finding the right exchange for your investment. To help narrow your search, below are the best crypto exchanges for buying LTC in 2025.

How to Buy LTC - Step-by-Step

If you need additional instructions on purchasing Litecoin, the detailed guide below will walk you through every step of the process, from researching to storing your crypto.

Finding a Suitable Crypto Exchange

If you are looking to invest in Litecoin, you will naturally need to start the process with research, as you would for any other investment. In this case, you will need to look for a reputable and secure cryptocurrency exchange that will allow you to buy LTC safely, quickly, and at an affordable rate.

This may be easier said than done, as currently, there are over 600 CEXs in operation, and each one claims to be the best on the market. Luckily for you, we did most of the leg work and tested as many exchanges as we possibly could to get a firsthand experience.

In the latter part of this guide, we included our top list of best crypto exchanges for investing in Litecoin in 2025. Feel free to use our insights for your research, assess and compare the exchanges, and find the one that best fits your criteria.

Creating an Account

Once you have selected a crypto exchange you would like to buy Litecoin, you will need to create an account with it to become a registered user.

The crypto exchange account creation process is pretty standard and not unlike any other online account setup you have probably encountered in the past. You must provide some basic personal information, such as your name, email address, date of birth, country of residence, etc., to the exchange.

Additionally, you will need to agree to the terms of service and possibly verify your email address through a confirmation link sent to your email. After you complete the registration, you can log in to the exchange with your account and start exploring it.

Completing KYC Verification

If you followed us so far, you have successfully created an account, but you may not yet be able to engage in transactions like making deposits or initiating trades because the exchange has yet to verify your identity.

KYC (Know Your Customer) verification is a legal compliance requirement that requires all financial institutions that deal with large transactions to confirm the identity of their users. It is a critical component of AML (Anti-Money Laundering) and counter-terrorism financing efforts, but also protects users from identity theft and other fraudulent activities.

To complete the KYC verification, you must submit government-issued documentation (e.g., a passport or driver’s license) and a recent photograph of yourself to the platform. Once the system verifies your identity, you will be granted full trading privileges and access to all the exchange features.

Depositing Funds to Your Account

After becoming a verified user, the first thing you want to do is preload your account with the exact amount of money you wish to buy LTC for. This will speed up the trading process and protect you from overspending.

To make a deposit, you will first need to navigate to the section of the platform that deals with payments and transactions, commonly labeled as “Wallet”, or “Finances”. The terminology can vary between different exchanges, though the functionality remains similar across platforms.

Then, you want to find the “Add Money” or “Deposit” button to initiate the deposit process and follow the steps to fund your account. Choose your preferred method of payment, insert the amount, and confirm the payment to complete the transaction.

During this step, it is important you keep a lookout for any unwanted deposit fees, or additional costs. If you are unhappy with the charges, you may want to consider depositing with a different payment method.

Placing a Buying Order on LTC

With your identity verified and your account preloaded with funds, you can now finally move on to the main event of our how to buy LTC guide and initiate the trading process.

Start by navigating to the trading section of the platform, which may be labeled “Markets” or “Exchange”, or something like that. Once you get there, find Litecoin (LTC) on the list of available cryptocurrencies and tap on it to pull up the trading window.

Then, tap on “Buy LTC”, “Place a Buying Order,” or whatever the platform uses to indicate the option to purchase. Choose your exchange account’s balance as the payment method and insert the amount of LTC you want to buy. Then follow the on-screen instructions to proceed.

Once you get to the transaction details, this is likely the final step of your purchase. Once again, examine the details and fees closely, as once you confirm your payment, the transaction will be completed and finalized.

Moving the LTC to Your Crypto Wallet

Shortly after you complete your payment, the LTC you purchased will be credited to your crypto exchange account’s balance. Congrats! You are now the owner of Litecoin.

But even though you own it, the LTC will still be under the CEX’s custody and stored in its crypto wallet. If you want to take full control over your LTC and enhance its security, you must transfer it into your crypto wallet, where you have control over the private keys.

To do this, you will once again need to navigate to the “Wallet” section of the exchange, and this time, instead of “Deposit,” you will tap on “Withdraw”. From there, you will insert the public key of your wallet, and the amount of LTC you want to transfer and complete the transaction.

Remember to be careful when inserting your wallet’s information to avoid sending your LTC to the wrong address.

Why Trust Us?

Here at Webopedia, we aim to provide you with the latest and most accurate insights on the crypto market and help you make informed investment decisions.

Our team of experts does not shy away from challenges and makes it their mission to research, analyze, and personally test as many crypto exchanges as possible. We present our findings impartially and without bias for the sole purpose of informing and empowering our readers to navigate the crypto market with confidence.

Whether you are looking for guidance on how to start investing in LTC or need help with assessing and comparing crypto marketplaces, Webopedia is your trusted resource.

Alternative Methods to Buy LTC in 2025

Even though we believe that Centralized Exchanges (CEXs) provide the safest and most cost-efficient way to buy LTC, we must point out that there are other ways you can acquire this cryptocurrency. This is a popular coin that can be bought on several different types of crypto marketplaces and crypto trading platforms, including:

• P2P Platforms: Crypto marketplaces that connect buyers and sellers directly, allowing them to negotiate their trade terms and conditions without any intermediation.

• Decentralized Crypto Exchanges: Trading platforms that operate without the oversight of a central authority and rely on smart contracts to automate and execute trades.

• Financial Service Platforms: LTC can be purchased directly on various e-wallets, digital banks, mobile payment processors, and other financial platforms.

• Crypto Wallets: Typically used for safekeeping and managing crypto assets, some crypto wallets allow users to trade cryptocurrencies directly from their user interfaces.

• Cryptocurrency ATMs: Physical machines similar to traditional cash dispensers that can buy and sell cryptocurrency through an in-person transaction.

In the next section, we will have a closer look at each one of these methods, talk about their pros and cons, and compare them to centralized crypto exchanges.

Peer to Peer Platforms

While centralized exchanges act as intermediaries between buyers and sellers, P2P platforms allow traders to act more independently and directly communicate with each other.

If you are purchasing Litecoin on a P2P platform, you can browse through seller listings and choose an offer that best suits your needs. Additionally, you will also have the option to contact the seller and try to negotiate the terms of the trade, like securing a better price, or arranging an alternative payment method, typically unavailable on CEXs.

On the other hand, this loosely regulated approach can also be risky as it opens the door to potential scams and fraudulent activities. Since P2P platforms have no central authority to oversee the transactions, we strongly recommend you use an escrow service to secure your funds during the trade.

Also, be sure to verify the credibility of sellers by checking their transaction history and user reviews before committing to a purchase.

Decentralized Crypto Exchanges

Decentralized crypto exchanges, or DEXs, are the autonomous counterpart of CEXs. Just like P2P platforms, they also connect buyers and sellers directly and facilitate crypto trading between intermediaries.

However, unlike P2P platforms, DEXs typically rely on smart contracts to automate and execute trades, making them a more secure option. Buyers place their orders on the DEX’s platform and select the type and amount of cryptocurrency they want to buy. Then the smart contracts automatically match these orders with suitable sell offers and execute the trades.

The drawback of purchasing Litecoin on a DEX is that you have to already possess some type of cryptocurrencies to engage with the smart contracts. If you only have fiat and you are unfamiliar with how cryptocurrency transactions work, DEXs can be challenging and intimidating, so we don’t recommend them to absolute beginners.

Financial Service Platforms

In recent years, increasingly digital banks, e-wallets, mobile payment processors, and other fintech solutions have started integrating cryptocurrency transactions into their services.

As one of the most popular cryptocurrencies in the world, Litecoin is very commonly supported on these platforms and is available for purchase on most fintech apps that work with cryptocurrencies.

Investing in Litecoin through a financial service platform can be very convenient as it won’t require you to create any new accounts, share your information with new platforms, or navigate new and unknown environments.

However, buying LTC from such an app is typically subject to significantly higher transaction fees than CEXs. Moreover, some of these platforms may not allow you to transfer your LTC to your crypto wallet after you buy it, and instead force you to use it for transactions directly from their app.

Crypto Wallets

In addition to their primary purpose of storing and safekeeping crypto assets, some crypto wallets also have a built-in crypto exchange feature that allows users to buy and sell cryptocurrencies directly from the app.

If you already have such a wallet, this can be a convenient way to buy Litecoin. The crypto will be automatically stored in your wallet, and you won’t have to transfer it after the purchase. But if you have a wallet that doesn’t have this featur,e you will have to create a new one to buy LTC using this method.

Furthermore, it is worth pointing out that these integrated exchanges are typically considerably less liquid than CEXs, and this can impact the efficacy of your trading. Low liquidity often results in longer processing times and higher spreads and price slippages, so keep this in mind.

Cryptocurrency ATMs

Another alternative way to acquire Litecoin is to purchase it through a crypto ATM. As the cryptocurrency market expanded and reached mainstream popularity, these machines spread out like wildfire, and now there are thousands of them easily accessible at shopping centers, gas stations, and other busy traffic areas.

One of the best things about purchasing Litecoin from a cryptocurrency ATM is that you can buy it instantly and anonymously without needing an online exchange account or lengthy verification processes.

Moreover, this is the only way to buy LTC using cash, making it particularly appealing for users concerned about their privacy and those without access to traditional banking services.

On the other hand, it may not be convenient to drive to the closest crypto ATM every time you need to make a quick transaction or top up your wallet. Additionally, we must point out that the transaction fees for buying cryptocurrency from a crypto ATM are notably higher than those of CEXs.

What Can You Do With Litecoin?

Now that we have covered how to buy Litecoin and explored the best places to purchase it, we would also like to discuss the best use cases for this valuable cryptocurrency.

As Bitcoin’s successor, LTC enjoys improved transaction speeds and lower fees, which give the coin broad appeal and versatility in digital transactions. Additionally, its resilience and growing adoption make it a viable speculative investment, offering diverse opportunities for profit.

After you buy your LTC, you can:

1. Keep it as a long-term investment
2. Trade it or sell it for profit
3. Use it for making purchases
4. Send it as an international transfer
5. Stake it to earn rewards

Depending on your personal investment goals and risk tolerance, LTC can fulfill multiple roles and serve as a dynamic asset in these use-case scenarios. Let’s have a closer look.

Keeping LTC Long Term

As is the case with all speculative investments, no one can tell whether or not Litecoin will increase in value over time. All cryptocurrencies, except stablecoins, are highly volatile, which makes them very risky, yet this volatility also presents substantial profit potential.

There is a chance that as time goes by, Litecoin’s market adoption and utility will increase and drive up the demand for it, which will, in turn, lead to an appreciation in its market value.

If you believe in the future of crypto, Litecoin could be a valuable asset that you can hold long-term and capitalize on the global shift towards decentralized financial systems.

Selling LTC for Profit

If you are not interested in long-term investment strategies and only view LTC as a vehicle to maximize short-term returns, you can always sell your LTC for profit at the next market opportunity.

As we already mentioned, cryptocurrencies are highly volatile, which means their prices fluctuate significantly. If you can monitor these fluctuations and time the market correctly, you can buy LTC at a low price, sell it when it reaches a peak, and profit from its price swings.

LTC as a Payment Method

Although it is not as widely adopted as its predecessor, Litecoin still has a respectable level of acceptance. Numerous online platforms and merchants accept LTC payments, allowing users to avoid the high fixed transaction fees typically charged by traditional financial services.

One of the best examples of this is microtransactions. Small payments for digital content, tips, donations, and other small-scale financial contributions can be economically unfeasible to process using a bank transfer or a debit card due to the high fees associated with these traditional methods.

With LTC, you can make these transactions efficiently and cost-effectively, taking advantage of its lower fee structure and faster processing times.

Sending LTC Overseas

Sending remittances or making other international payments is another practical use case for LTC, as it is for most cryptocurrencies.

If you need to send money to someone overseas, you can buy LTC, send it to your recipient's crypto wallet, and have them exchange it into their native currency when they receive it.

The process will likely be faster and more affordable than most other remitting methods like money transfer services and wire transfers.

Staking LTC for Rewards

Finally, if you are open to exploring alternative investment strategies, you can tap into Litecoin’s potential by using it as security in the decentralized finance ecosystem.

DeFi is a rapidly growing space where various decentralized applications and platforms provide numerous opportunities to earn and grow your crypto investments. DeFi mechanisms like staking, liquidity pools, decentralized lending platforms, and yield farming can use your LTC as collateral and allow you to generate passive income.

Moreover, if you want to delve into the DeFi space, you can find other opportunities, such as supporting DeFi projects, participating in an ICO, and engaging in other innovative financial activities to enhance your portfolio and potentially increase your returns.

Conclusion: Final Tips

To summarize, there are multiple avenues to purchasing Litecoin, though buying it from a reputable CEX is the safest and most beginner-friendly option. That said, not every CEX is equally reliable, so you will still need to research and find one that meets your specific needs and security standards.

Now that you know how to buy Litecoin and have a general idea of what you can achieve with it can start exploring the various opportunities it offers. However, remember that there is no strategy that guarantees profit, and you should only invest money you can afford to lose.

Frequently Asked Questions