thomas elton
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 36
Joined: Wed Dec 26, 2018 11:46 am

How to Buy and Store Litecoin?

Thu Dec 27, 2018 10:49 am

How to buy Litecoin/How to purchase LTC
Other than mining, Litecoin can be bought using fiat currency on exchanges like Binance. It is most often exchanged with other cryptocurrencies such as Bitcoin, Ethereum, etc, on exchanges such as Bittrex, Cryptopia, OKEx, and more.
CoinSwitch,https://coinswitch.co/info/litecoin/what-is-litecoinis one of the ideal portals to exchange cryptocurrencies, as it allows the user to view many exchange rates, and select the best amongst them. It also allows for the cryptocurrencies to be stores in the user’s own Litecoin wallet, so should any exchange go down, your coins will still be available to you.
Litecoin, due to its similarity with Bitcoin, can be stored in all major wallets, who’ve supported it across the board. There are plenty of Litecoin wallets, such as a desktop LTC wallet (Electrum LTC), hardware wallets, which are in a USB Style (such as Trezor), and even paper wallets.
Android and iPhone wallets like Jaxx and Loafwallet can also be used for storing Litecoins. However, it is advised to not store large amounts of the cryptocurrency on mobile wallets.

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