Is it possible to buy Litecoin (LTC) with bitFlyer?
The cryptocurrency market is booming, and over the past two years global interest in the exchange of virtual currencies has continued to increase. Through our exchange, traders in the United Kingdom are now able to buy Litecoin and break into this revolutionary market with a platform that is intuitive and easy to navigate. Using bitFlyer, UK customers can now seamlessly buy and sell Litecoin through our safe and secure website and mobile application.
We will provide a detailed step-by-step guide on how to buy Litecoin in the United Kingdom while also providing a comprehensive overview of the bitFlyer platform and the growing cryptocurrency market.
Our consistent high quality service has allowed us to successfully expand our business globally, where traders can interact with our platform and explore some of the key features that are responsible for our success.
We are confident you will feel comfortable buying and selling Litecoin with our exchange due to these innovative and unique features:
- Global Support Network – To ensure customers have ongoing access to support, we have offices situated in Tokyo, San Francisco and Luxembourg.
- Licensed to Operate in Europe and the US – We are the only exchange to have licensing in the EU, US, and Japan.
- Advanced Technology and Security Protocols – We utilize modern technology and security protocols to ensure the safety of users and assets. Multi-signature and two-factor authentication, Anti-Money Laundering measures (ALM), KYC (Know Your Customer) identification, cold storage and secure hosting servers are all employed to ensure maximum protection.
- User Friendly – We have followed the best UX/UI design practices to craft a user-friendly platform that allows for a smooth, quick, and error free trading experience.
- Instant Trade – Instantly buy and sell Litecoin with no order book and no fees. You can always trade instantly at the prices shown on the interface.
- Real Time Currency Information – Our platform provides access to real-time information, allowing you to stay on top of the cryptocurrency markets. This information can also be accessed conveniently through our easy-to-use mobile app.
The above features have helped shape us into a leading currency exchange which has been featured in several prominent media publications such as CNBC, Bloomberg and The Wall Street Journal.
What is Litecoin (LTC)?
Before you start buying Litecoin let’s have a closer look at what Litecoin actually is.
Litecoin is a peer-to-peer Internet currency supported by a secure and open source digital network. One of the earliest altcoins, started in 2011, Litecoin has risen to become one of the most valuable virtual currencies. Litecoin has its own secure blockchain, capable of handling a larger transaction volume than its more well-known counterpart, Bitcoin.
With a mathematically supported network, a blockchain allowing for a faster and higher transaction volume, improved storage efficiency and substantial industry support, Litecoin is a powerful and sought after cryptocurrency.
How to buy Litecoin (LTC) with bitFlyer
With bitFlyer, buying and selling Litecoin from the UK is a quick and straightforward process. Follow these six simple steps and you will be able to buy and sell Litecoin in no time.
- Create an account with bitFlyer. (Or login if you already have an account)
- Verify your account and complete all required identity checks. Now you can proceed with your Litecoin purchase.
- Use our intuitive interface to check the current price of Litecoin.
- Determine how much Litecoin you need.
- Deposit the equivalent in Euros using your preferred instant payment method.
- Confirm your order and that’s it! You now own some Litecoin!
Buy Litecoin With Your Preferred Payment Method
There are many different ways to buy Litecoin in the United Kingdom with bitFlyer, as the platform supports multiple payment options. Litecoin can be purchased using wire bank transfer, credit card, debit card, or the following supported payment methods: Sofort, iDeal, and GiroPay.
Two points to keep in mind:
- bitFlyer has a 1.95% transaction fee for the Instant Buy payment methods.
- For the Trade Pro accounts, there are no limits on deposits/withdrawals or trading. Other accounts have a limit of €250 /day or €2500 /year (total).
Need a Litecoin wallet?
As Litecoin is a valuable digital asset, you need to utilize software known as a wallet to make sure it is safe and easily retrievable. bitFlyer provides all members with a secure wallet service based on the most up-to-date technology, making the process of virtual currency storage and retrieval simple, safe and error free.
What to do with your Litecoin?
Litecoin is both efficient and versatile, a digital currency capable of being utilized to make instant, near-zero cost payments to anywhere in the world. Litecoin fees are cheaper than most credit cards; transfers are also immediately recorded on the blockchain ensuring a confirmation of all transactions. Litecoin can also be used as a trading and investment currency. Plus, you can easily sell Litecoin on our platform in exchange for other cryptocurrencies.