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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Risk free demo mode

Learn to trade and gain experience with Swyftx risk free by enabling the demo mode. We even simulate real life liquidity and market depth.

Rated 4.8 out of 5 based on 1960 reviews

Excellent

3828 Reviews

Mick Morris
I received a security support call the first time, I tried to move assets to another wallet. As a new user this was reassuring that they actually have good security systems.
Nathan
My inquiry was responded to quickly, & Swyftx’s service was both professional & friendly. I also received follow up emails/messages to check that everything was ok - outstanding customer service. I have found Swyftx to be modern...
Vamsi Chowdary
Very good customer support for changing mobile number
James B
Swyftx was easy to set up, with clear instructions and a nice layout. It's easy and fast to use. What I have been most impressed with is their customer service. Fast, helpful and personal. An actual person responding, not being re...
Jodi Crane
The staff in chat are very polite and helpful. Seems to be a pretty easy platform to navigate around in. Lots of help info and they seem very thorough.
Jason
Used the in app chat for a question and received a prompt reply within the app and an email. Also deposited funds are available within 5 minutes and withdrawals to my bank account have been instant (after the first withdrawal wh...
Joel dCB
I’m really impressed with the quick, personable customer service I receive from the gang at Swyftx. Also, Swyftx has a great app which is super easy to navigate. Finally, I have found that withdrawals of AUD arrive back in my ba...
Tom Dawson
The support team over at Swyftx were efficient and friendly when I needed a hand adding a referral to my account for the 2nd time. Thanks!
Ray Hinde
Great service. I had an issue with a withdrawal not going through. When I contacted swyftx to query it they began fixing it right away and it went through soon after. Gold.
James Lock
I set up an SMSF with Swyftx which requires a few steps outside of their usual sign up process. I've also added additional accounts which needed 'custom' KYC verification, and every time they were more than willing to work with me...

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, 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.

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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