Buy Litecoin Australia (LTC)

$0.00

0.00%

Buying price

AUD

LTC

We charge 0.6% on all trades

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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What our customers' have to say

Excellent

2550 Reviews

James Premadas
Great customer service when required.
kia
excellent and effective communication
Shanon
Fees are affordable, prompt responses from customer service. Easy to use.
Sayil Aktas
Everything on swyftx is legit, their customer support is the best I've ever seen, there will always be someone there to help you with problems if there are any. 10/10 would recommend especially for Australian users.
Greg
Easy to use platform, helpful technical support. Very happy with Swyftx to date
Mick T
Easy to use, low fees, and easy to move tour crypto to a hardware wallet if you require
Ramsos DeMac
This is the best Australian crypto platform by far!!! Easy to use. Offers aud and usd converstion which makes it so much easier to understand whats going without having to use a 3rd party converter. Super low spreads and low fees...
Rebecca
Just starting out I really do not know what I'm doing but when I asked questions that I'm not sure about the response is extremely fast 😃
Michael Taylor
Great customer service, excellent exchange platform--too easy to navigate.. good for beginners.
Terry
I've used a few other trading platforms and have found Swyftx is so easy to use on my phone or on the web. Its well set out and customer service is great, very fast. I would recommend this to anyone, new and old traders alike. T...

OUR TOP FEATURES

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, Limit & 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.

Advanced 2FA & Password Security

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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1300+ reviews
2000+ reviews