Looking at buying into one of the world’s first cryptocurrencies? We’ve put together a step by step guide for you to buy Litecoin (LTC) with your credit card. Buying cryptocurrency has never been this easy.
Litecoin is a peer-to-peer decentralised digital currency consistently ranking among the largest cryptocurrencies in terms of market cap. With a limit of 84 million coins, it currently has more than 50 million in circulation.
Launched in 2011, LTC was created by an MIT graduate and former Google engineer named Charlie Lee. Developed with the aim to improve Bitcoin’s shortcomings, Litecoin is more scalable and quick. Not looking to overtake Bitcoin but instead compliment it, Litecoin offers faster processing and uses Scrypt as a proof-of-work scheme. LTC has gained industry support along with high trade volume and liquidity over the years.
You can read more in depthly about the altcoin here.
Purchasing cryptocurrency is made easy with CryptoFish. Head to the Buy Litecoin section and you’ll see a prompt to buy Litecoin, simply enter your email address and click “Get Started”.
If you are already registered, click on the sign in button on the top right hand side and skip to step 2 below.
Here you be given two options: either purchase predetermined amounts, or you can enter the amount of money you are looking to spend. You will see that CryptoFish has already worked out the Litecoin rate for you. If you use the Specific Amount option, make sure that you have selected the Litecoin dropdown option before entering the amount you are looking to buy / spend.
CryptoFish currently accepts most currencies, however the prices on the website are displayed in USD or EUR. You can easily change between the two by using drop down option.
Confirm amount and click “Buy Now”.
To register, simply enter your name, email address and a password of your choice.
This will be followed by a prompt to activate your account via the email address provided. Follow the link from your email and you’re all set up.
Confirm the amount of Litecoin that you would like to buy, and enter your wallet address.
Don’t have a wallet? You can get started by downloading one here, or click on the helpful link bottom right of the address block (“don’t have one”).
You will be redirected to the payment site. Fill in your billing information, click continue and enter your credit card details. CryptoFish does not store your card details.
When you reach the verification tab you will be asked to upload your government issued ID. Make sure that you follow the guidelines (colour picture, all 4 corners visible, JPG format etc) as indicated on the page. This verification process is typically immediate, but can take up to a maximum of 24 hours.
CryptoFish will send your cryptocurrency immediately after the payment and wallet address have been confirmed. The time taken to receive your Litecoin once it has been sent will depend on how busy the network is at the time.
You can log onto a publicly available “Blockchain Explorer”, we’d recommend blockchain.info. When you enter your wallet address you can see the transaction details and confirmation of whether the coin has been sent / received.
If you’re still feeling unsure, our super-friendly CryptoFish support team is here to assist you. You can chat live on the website or you can drop them an email.
CryptoFish provides the latest news, educational insights and a secure place to buy various cryptocurrencies.
At CryptoFish, we offer a very simple way for you to instantly purchase leading cryptocurrencies like Bitcoin, Ethereum, Litecoin, Bitcoin Cash and Ripple using your debit or credit card online.
CryptoFish does not store your credit card details, encrypts your personal information and is GDPR compliant, making it one of the safest and most secure options. You can trust CryptoFish to easily, securely, and instantly buy cryptocurrency.
If you have any questions, please check out our FAQ section on the website or visit our Educational Portal. Our super-friendly CryptoFish support team is also here to assist you. You can drop them an email or chat live on the website. To chat, simply type your question into the chat box on the bottom right hand side of your screen.
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