Buy Litecoin Australia (LTC)

$0.00

0.00%

AUD

LTC

We charge a trading fee of 0.6% on all trades along with the spread

Global Rank

Current global rank based on market cap.

Market Cap

The total value based on current price x supply.

24Volume

The total value traded in the past 24hrs.

All Time High (ATH)

The highest dollar value 1 has sold for.

Trade Activity

The % of buy and sell on Swyftx within past 24hrs.

Global Rank

#0

Market Cap

$0.00

24hr Volume

$0.00

24hr Change

0.00%

What is Litecoin?

Litecoin is a peer-to-peer cryptocurrency that was modelled after Bitcoin and designed to offer some key improvements to Bitcoin’s model. Some of the benefits Litecoin initially sought to improve on included faster transaction times and near-zero transaction fees while still maintaining many of Bitcoin’s other characteristics.

Litecoin should continue to be a force for years to come. Users can buy Litecoin (LTC) on the Swyftx cryptocurrency trading platform. Since Litecoin was first created by Charlie Lee, it has been an anchor in the digital currency industry.

As an emerging asset class, digital currency is often considered to be similar to precious metals in regard to its scarcity. Bitcoin is often compared to gold and is considered by many to be a form of ‘digital gold.’ Similarly, Litecoin is considered silver to Bitcoin’s gold. Litecoin has a strong pool of developers, and an active community, both helping to move its adoption and integration by mainstream finance and payment systems. Litecoin has consistently maintained its position as one of the top digital currencies in the space in terms of its total market value and daily trading volume.

How do I buy Litecoin in Australia?

Buying Litecoin on Swyftx’s trading platform is fast and simple. All that’s required once you log into Swyftx is to select the amount of Litecoin that you want to buy, or the Australian dollar amount equivalent of Litecoin that you want to buy. You’re shown the current price in Australian dollars, and when you’re ready to buy, press the ‘Buy LTC’ option and your purchase will be completed. Once the transaction is complete, Litecoin will be instantly deposited into your Swyftx wallet. Once funds are transferred to your account you can begin to trade Litecoin immediately along with other cryptocurrencies. Then you can buy whichever trading pair you want, whether that be AUD/ LTC or any other type of digital currency you want to buy with your account.

Litecoin vs Bitcoin: What’s the difference?

Litecoin was created based on the Bitcoin protocol and shares many similarities with the world’s largest cryptocurrency. However, there are some key differences separating LTC and BTC. Namely, Litecoin blocks are generated 4 times quicker than Bitcoin blocks. This means that Litecoin transactions can be completed in a quarter of the time of bitcoin transactions. Additionally, the supply maximum of Litecoins is much larger than the supply of BTC. There is a maximum limit of 84 million Litecoins that can be created, compared to Bitcoin’s 21 million.

Can you mine Litecoin?

Much like Bitcoin, new Litecoins are created by being mined. Mining is performed by high-powered computers that seek to solve complex maths problems that cannot be solved by hand. When the computers solve these problems, a new Litecoin is produced. Although still somewhat profitable, mining Litecoin has increased in difficulty over the years. These days, mining Litecoin and other cryptocurrencies are dominated by large companies with extensive resources, budgets and computational power. Fortunately, you can acquire Litecoin in other ways other than mining it. For instance, you can buy and sell Litecoin on a cryptocurrency exchange such as Swyftx.

Frequently Asked Questions

How can I store Litecoin?

When you buy Litecoin, the are a number of ways to store it. Swyftx offers a free personal wallet that is integrated into your account when you sign up. This wallet allows you to keep your Litecoin and other digital assets in one easy-to-access, secure place. A cryptocurrency wallet is thoroughly recommended to securely maintain and manage your cryptocurrencies. it is an important mechanism that is required to send, receive and store your digital currencies, and interact with various blockchains.

Is my money safe with Swyftx?

Account security is a top priority at Swyftx. We have a dedicated security team and a robust security framework to ensure that our customer’s accounts are safe and secure. Our security features include two-factor authentication (2FA), biometric authentication (for our mobile app), KYC verification to verify your identity, session expiry and much more.

Can I buy Litecoin with a credit or debit card?

On Swyftx’s cryptocurrency exchange, you can deposit funds into your account using a credit or debit card. Once the money has been successfully deposited in your account, you can use this to buy LTC.

Can I buy LTC with bank transfer?

Another option to buy Litecoin (LTC) on the Swyftx trading platform is by depositing funds into your account via a bank account transfer. Bank transfers can be made using your BSB and account number. If your bank supports instant transfers (OSKO), you could have the funds in your account within a matter of minutes. This can be used to buy LTC.

Why use Swyftx to Buy Litecoin?

How to buy
Litecoin (LTC)

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Lowest Fees

Swyftx Cryptocurrency Exchange offers low trading fees and small spreads when you buy LTC.

Instant Verification

Verify online instantly without uploading documents and buy Litecoin in less than 2 minutes.

Secure Accounts

Breached password detection and Two Factor Authentication help protect your account from scammers.

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Rated 4.8 out of 5 based on 1960 reviews

Excellent

3812 Reviews

Christine Field
Very quick and reliable help when you need it
Sam Mead
Easy to use for newbie
Allan Cox
It has been a good experience dealing with Swyftx. Very helpful, encouraging, and when I needed help with things, they were ther, 24/7.
Aussie Bigfoot! The Australian Yowie!
I found the staff at Swyftx very helpful & friendly. 👍
Mark
Excellent, intuitive and easy to use Aussie based exchange with very competitive trading fees and 24/7 local support. Hassle free instant funds transfers in and out, accurate real time prices on a large range of pre-vetted crypto...
customer
Out of all the exchanges available to me I have found that Swyftx is the most clear and user-friendly platform. Some other platforms I have tried look a bit like Einstein's blackboard where you can't see the wood for the trees!...
Paul
Easy to use, good support
Cheryl Hesketh
My preferred Australian exchange. Easy to use, low fees, easy to navigate. and a great support team. Instant deposit and withdrawals are a definite plus
Alison Dark
The customer service is exceptional, especially for those new to the Crypto space. The service agent (Isabella?) was patient and so helpful. The security features were also explained to me in simple terms.
Ian
Swyftx was easy to conduct research and use for purchasing currency. It's not thier fault investing in cryptocurrencies meant a 55% loss of money. However I could have thrown a huge party with limitless grog and good times and at ...

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Why choose Swyftx?

AUD Deposit and Withdrawals

Deposit and Withdraw AUD via PayID, OSKO, Bank Transfer & POLi

Recurring Orders

Automate your crypto investments.Setup recurring deposits to your Swyftx account and have then automatically split across your own range of cryptos.

Stop, On Trigger & Market Orders

Never miss a trade or get caught out by the crypto market volatility. Set Buys and Sells to trigger at any price you want.

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Easily secure your account with multi-factor authentication and biometric login. Swyftx also monitors other sites for data breaches that might result in compromises on your account.

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