Buy Litecoin in Australia easily using a peer-to-peer (wallet-to-wallet) trading platform like Elbaite cryptocurrency exchange.
To buy Litecoin (LTC) in Australia, simply:
Litecoin is a fork of Bitcoin Core which was released in 2011 by Charlie Lee. Litecoin is an open source, fully decentralised global payment network.
It was proposed as an improvement to the Bitcoin Core network featuring reduced blocktimes, increased total supply and a different proof of work algorithm. These improvements make Litecoin transactions faster and with lower transaction fees.
Learn more about Litecoin.
Why buy Litecoin (LTC) with Elbaite cryptocurrency exchange?
Elbaite is the first non-custodial wallet-to-wallet Australian cryptocurrency exchange. Unlike other Australian crypto exchanges that hold your cryptocurrency in their own centralised wallets, Elbaite's wallet-to-wallet trading means that your Litecoin is not held by us at any point. This is a safer and more simple trading process, giving you greater control and freedom over your cryptocurrency!
How do I store my Litecoin (LTC)?
There are many Litecoin-based wallet options you can explore when it comes to safely storing your Litecoin, including using hot and cold crypto wallets. Conducting your own research is crucial to keeping your Litecoin safe.
What are Hot Wallets?
Hot wallets are crypto wallets that are connected to the internet. They offer better accessibility which simplifies more frequent trading. However, they offer less security against hacks and fraud incidents.
What are Cold Wallets?
Cold wallets are crypto wallets that are not connected to the internet. The two main types of cold wallets are paper wallets and hardware wallets such as Trezor and Ledger wallets. Cold wallets are a popular option for those who value security, or for traders holding Litecoin as a long term investment.