Purchasing Litecoin is easy to do through the Coinbase exchange.
After you have purchased Litecoin, it can be stored on the exchange itself, but for larger purchases we recommend storing coins on your own personal offline wallet.
Below are the easy steps to buy Litecoin (LTC) coins. The steps include signing up to Coinbase, purchasing Litecoin, transferring Litecoin to another exchange (we recommend KuCoin), and securely storing your coins.
STEP 1: SIGN UP TO COINBASE
The first step is to setup a Coinbase account so you can convert USD into LTC.
(use the link above to get a $10 Free Signup Bonus!)
STEP 2: BUY LITECOIN
Once you have created a Coinbase account, it’s time to buy LTC!
In Coinbase, select “Buy/Sell” from the header, select Litecoin, and press Buy.
STEP 3: SIGN UP TO KUCOIN
Next you need to signup to KuCoin, the exchange which you can trade Litecoin for other coins not offered on Coinbase. Once Litecoin is transferred from your Coinbase account to the KuCoin exchange, you are ready to buy other coins.
STEP 4: TRANSFER LITECOIN TO YOUR KUCOIN ACCOUNT
To transfer Litecoin into your KuCoin account, log into KuCoin and click on “Assets” on the top menu.
Scroll down the list of coins until you find Litecoin (LTC) and click “Deposit.”
Copy the address.
Now go back to Coinbase > click Accounts > select LTC Wallet > click Send > select the amount you want to transfer to KuCoin > paste the unique address your previously copied from your KuCoin account and click Continue.
Congrats, you now have the ability to purchase MORE coins!
STEP 5: STORE ON A SECURE WALLET
You can keep your Litecoin coins on the exchange itself, but an offline wallet is recommended for larger purchases.
It’s definitely the safest and best option. Everything is offline. It doesn’t cover everything but it’s very good.