The guide to buying Litecoin with Coinhouse by card or bank transfer

The Coinhouse platform allows you to quickly invest in Litecoin.

Why buy Litecoin?

Litecoin is a copy of Bitcoin, with some simple changes in the source code, such as the use of a different mining protocol, reduced transaction fees, and a faster block creation rate, with a block-time of 2,5 minutes instead of 10 minutes on Bitcoin. Scrypt is the algorithm chosen for mining. Scrypt was supposed to be ASIC-resistant, which would have ensured a more decentralized mining ecosystem, with less concentration for mining farms. Unfortunately, the first Scrypt ASICs appeared in 2014.

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How to buy Litecoin?

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Buy your first bitcoins with a credit card or bank transfer from 20€.

Buying Litecoin: cutting-edge technology

Litecoin integrates the famous MimbleWimble protocol, a mass of techniques and technology to give an opaque blockchain. The goal is to increase user privacy. Another significant advantage of this protocol is its increased scalability compared to other technology that is currently used. The size of a block on the chain is drastically reduced, which is highly beneficial for new users connecting to the network.

Buying Litecoin: entering an active, vibrant community

Litecoin uses a highly decentralised proof-of-work algorithm. In general, this digital coin can count on the support and creativity of a very active community led by Charlie Lee, the creator of this cryptocurrency. One result of this collective effort is that the network can update functionalities and integrate new technology a lot faster that many other protocols.
Today, Litecoin is in the top ten of digital currencies by market capitalisation, partly due to a trading history going back to 2013 and partly due to the regular, tenacious work of its community.

Buying Litecoin can be a wise decision. It was the first altcoin created and is a faster, less expensive option to Bitcoin. These two virtual coins can be considered more complementary to one another than competing against each other. There are many platforms where you can buy Litecoin with Coinhouse, a French trading platform, being one. Our platform is easy-to-use, intuitive and allows you to buy Litecoin and most other popular cryptocurrencies.

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Buying Litecoin: how Coinhouse can help you

Whether you are a newcomer to the world of cryptos or a seasoned hodler of digital coins, Coinhouse has several accounts to suit you. But first, how can you buy Litecoins with Coinhouse? Opening an account with us is quick and easy. You can buy Litecoin using a debit or credit card or by making a bank transfer. You only pay for the fees for buying a crypto. Another option available on Coinhouse is to take out a subscription that will reduce these fees.

Coinhouse is highly regarded because of its reliability. With our broker, you buy real cryptocurrencies. Something that is more secure than investing in crypto through CFDs.

You can also talk to our cryptocurrency experts online, by phone or even in our offices as you chart your course in buying Litecoin.

In short, our platform makes it easy for you to buy Litecoin quickly and carry out other transactions after you open your free account. Some fees will be higher than those charged for customers with a subscription.

How to buy Litecoin with Coinhouse – several available options

With a free account, our platform gives you access to five cryptocurrencies, including Litecoin. With a subscription, you will have almost 300 crypto-assets available! Through the Premium and Platinum accounts, Coinhouse can offer reduced transaction fees. Moreover, you will have access to the support of an experienced account manager who is well-versed in the world of digital coins. We also offer enhanced functionalities.

But, whichever option you choose, opening an account and buying Litecoin is a piece of cake!

The transaction is made using a bank card or transfer over a highly secure server.
To buy Litecoin on Coinhouse, a receiving wallet will be designated. Once you have quickly and easily made your purchase, your Litecoin will be in your Coinhouse account in a matter of moments.

Having bought your crypto-assets, you have several options open to you.

Keep Litecoin in your Coinhouse account or in an external wallet

There is no problem at all in holding your Litecoin in your Coinhouse account. Wallets have been integrated directly into our platform and thanks to Ledger technology, those wallets are securely allocated to your account. This will guarantee the security of your cryptocurrencies, such as Litecoin, over the long term. Moreover, we offer professionals an ultra-secure custody service for their digital coins.
You can also store Litecoin in the majority of external wallets and hardware wallets.

Buying Litecoin and selling it on Coinhouse

Besides buying Litecoin, you can of course sell your crypto-assets or swap them for others, directly from our platform. If you want to sell them, you can receive the euro-denominated funds to your bank account shortly afterwards.

Buying Litecoin and paying for goods and services

Once you have the euros in your bank account, you can use these funds to make purchases of goods or services as you normally would. In any case, you do not necessarily have to sell your Litecoin to buy things. You can carry out direct transactions with the community of users without having to use legal tender (euros in this case). Cryptocurrency wallets make all this possible.

Investing with Litecoin

With the Coinhouse Saving service on our platform, you also have to the option of setting up automatic investments in advance. This is a widely used technique in trading to reduce risk. In fact, this method is used to smooth out any volatility in your purchases over time, so you are not overexposed to sharp fluctuations in prices.

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Why buy with Coinhouse?

Reliable and European

Coinhouse aims to become the first regulated platform in Europe. Our sales team remains available and attentive to your needs in order to advise you on the best strategy adapted to your goals.

Simple and fast

Buy your first cryptocurrency in less than 10 minutes on Coinhouse. You are guided step by step through the registration process. Purchases and sales are completely transparent with invoices.

Secure

Keep your cryptocurrency safe with our professional storage solution available on our platform. You can also send your crypto-currency directly to your wallet free of charge.

Several payment methods possible

Take advantage of the different payment methods offered: credit card or bank transfers. We offer you the possibility to trigger your investment at the time that seems most convenient for you.

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Buy Litecoin