Buy Litecoin with Luno

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UPDATE: Litecoin is now available with the following pairs LTC/MYR; LTC/ZAR; LTC/NGN

 

It’s here – the latest addition to the Luno platform has arrived 🥳 

 

Now you can lite it up with the LTC/BTC trading pair on the Exchange*, or buy Litecoin for local currency directly from your Luno App or desktop.

 

*UPDATE: Litecoin is now also available with the following pairs – LTC/MYR, LTC/ZAR, LTC/NGN

 

To celebrate the launch, we’re kicking things off with a special promotional trading fee structure.

 

Reduced LTC trading fees 

For 30 days after launch, enjoy reduced taker fees for trading the LTC currency pairs on the Luno Exchange: 

 

LTC/BTC – 0.10% (all pricing tiers) (0% maker fee) 

 

 

Overview of Litecoin

 

Litecoin is a cryptocurrency developed by Charlie Lee, a former Google engineer and MIT graduate. 

 

Launched in October 2011, Litecoin was one of the first cryptocurrencies to launch after Bitcoin. It is designed to complement Bitcoin, but solve some of the issues that faced Bitcoin in serving as a global digital payment system – such as fees and transaction times. 

 

In the last 8 years its creator, Lee, has become a leading figure in the industry even collaborating with other crypto experts to create Magical Crypto Friends. (A show on cryptocurrency news where he is known as Chikun). 

 

Getting Started with Litecoin on Luno

 

We delve further into this in our Learning Portal: 

 

What is Litecoin?

 

Where did Litecoin come from?

 

How does Litecoin compare with Bitcoin?

 

Read more about how the Luno Exchange works.

 

Note: To be able to trade Litecoin through the app, you’ll need to switch to the Exchange view. You can do this in your profile settings. 

 

Read more about how to toggle between Standard view and Exchange view.

How do I get a Litecoin Wallet?

 

There are two ways to create a Litecoin (LTC) Wallet:

 

  1. When you select your LTC trading pair on the Luno Exchange, and place an order, a new LTC Wallet will automatically be created for you which will be used to store your newly traded LTC.
  2. Another way to create an LTC wallet is by manually adding it to your account.

 

Read more about how to set up your Litecoin Wallet.

 

Can I send LTC to Luno?

 

You can send LTC to and from Luno the same way you send other cryptocurrencies through Luno. Just provide the sender with either your LTC receive address or your QR code. You can find these under Receive in your LTC Wallet under Wallets on the menu bar. 

 

Learn more about how to send and receive Litecoin with Luno. 

 

Litecoin Support

 

Our team is ready to help with any queries you may have, feel free to reach out to us on Twitter or create a support ticket. 

 

Where can I find the Litecoin community?

 

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Team Luno

On our way to the moon, we write about all things crypto. And don’t forget we’re humans too. Our blog conveys the views of Luno and the many unique opinions and characters within our team. We’ll never provide you with financial advice, and we urge you to conduct your own research before purchasing or trading any cryptocurrencies. It’s a brave new world out there, and the market can be volatile at times, so never trade with funds you can’t afford to lose. Want to let us know how much you love our blog? Tweet us @lunomoney.

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