Litecoin is one of the top cryptocurrencies out right now, and Coinmama is arguably one of the best exchange platform available, so in this guide, we will put you through the process of purchasing LTC from the Coinmama platform.
Do you want to know how to buy Litecoins with a credit card, debit card or bank transfer? Coinmama is the answer. Buy LTC fast with confidence, in just a few clicks.
Coinmama, along with its professional 24/7 customer service, is already the choice of over 2,900,000 cryptocurrency investors from almost 200 nations.
How to Buy Litecoin With Credit Card?
Would you like to buy Litecoin instantly? Coinmama has you covered! You can now buy LTC by following three simple steps:
Create Your Coinmama Account
Sign up with Coinmama and create your account in just a few minutes! Click on the confirmation link that will be sent to your email at the end of the registration process.
Get Verified to Buy Litecoin
You must verify your account before buying Litecoin with credit or debit card. You will need to upload your passport, national ID or other documents. Once your documents are processed and approved, you can buy Litecoin instantly for up to 15,000 USD with your credit or debit card.
Place Your Litecoin Order
Log in to the Coinmama account you created in the first step, enter the desired wallet address, fill out the form and buy Litecoin instantly.
Buy Litecoin with Debit Card
Stuck without your credit card temporarily or don’t possess one? No worries. You can also buy Litecoin with debit card! Coinmama currently accepts payments via Visa and Mastercard. American Express, Discover and PayPal are currently not accepted. All you need to do is to make sure that the card you are using actually belongs to you.
Buy Litecoin with SEPA or SWIFT Bank Transfer
Coinmama is constantly working to make your life easier. You can now buy Litecoin with bank transfer! Enjoy higher spending limits (up to 12,000 USD per business day) and lower fees with this method!
Please note that this payment option is available through SEPA bank transfer. throughout Europe and through SWIFT in the rest of the world.
Some Quick Litecoin Facts
Litecoin is a P2P decentralized cryptocurrency, just like Bitcoin. It uses the same encryption techniques to make transfers, create funds and to confirm transactions. However, the main difference between Bitcoin and Litecoin is that Litecoin has a larger amount of coins that can be created and it has significantly faster transaction rates.
Here are 4 quick facts you need to know about Litecoin:
- Litecoin was created in 2011 by former Google engineer Charles Lee.
- The Litecoin Network aims to process a block every 2.5 minutes, compared to Bitcoin’s 10 minutes, making it much faster.
- Litecoin uses the script hashing algorithm, which is more CPU intensive.
- Litecoin’s algorithm will allow for a total of 84 million Litecoins to be created. This maximum capacity is 4 times greater than that of Bitcoin.
Buying Litecoin is easy with Coinmama. Our industry-leading customer service is available 24/7 to make your purchase smoothly with minimum delays, enabling you to respond fast to Litecoin market movements. Contact our happiness heroes at any stage of your registration, verification or purchase. We’ll help you optimize your experience.
