What are Litecoin and LTC?
Litecoin is a peer-to-peer digital currency. Its ticker is LTC.
Litecoin was built for fast, low-cost payments. Transactions are managed collectively by the network rather than by a central authority. Litecoin was launched in 2011 by Charlie Lee, which offers useful context for where the asset came from.
How to buy Litecoin in the UAE
In the Crypto.com App, the basic steps are:
- Create an account and complete any identity verification required.
- Add funds using an available payment method.
- Tap 'Buy' and search for Litecoin.
- Enter the amount you want to spend.
- Review the order details and tap 'Confirm' to go ahead.
Trading is subject to account verification and eligibility.
Can you buy less than one Litecoin?
Yes. You don't need to buy a whole Litecoin. In the UAE, fractional purchases start from 10 AED.
This means your order can be based on the amount you want to spend rather than on a whole-coin amount.
How can buyers in the UAE fund a Litecoin purchase?
You can hold either AED or USD on your account and fund a Litecoin purchase using the methods shown in the App, such as your Fiat Wallet, a linked debit or credit card (Visa or Mastercard), Apple Pay or Google Pay.
You can also add funds by bank transfer. AED bank transfers are free on Crypto.com, and USD can be deposited by Swift transfer. Depositing AED directly by local bank transfer can help you avoid foreign exchange fees when buying Litecoin at the market price.




