What are Litecoin and LTC?
Litecoin (LTC) is digital money built for instant, near-zero-cost payments worldwide. It uses peer-to-peer technology, which means transactions and issuance are managed collectively by the network rather than by a central authority.
Litecoin's blockchain also generates blocks more frequently than Bitcoin's.
How to buy Litecoin in Singapore
In the Crypto.com App, here is the basic flow:
- Sign up and verify your identity. Download the Crypto.com App or register online, confirm your email and complete identity verification.
- Top up your account.
- Select Litecoin on the trading screen and complete your purchase.
Once your funds are available, you can buy Litecoin and manage it all in one place.
How can you fund a Litecoin purchase?
You can fund your account for a Litecoin purchase with a FAST bank transfer in SGD, a Swift transfer in USD, a debit card, Apple Pay, Google Pay or crypto deposited from another wallet.
If you deposit crypto from another wallet, make sure you are sending a supported cryptocurrency to the correct address. Crypto transactions are irreversible, and trying to deposit a non-supported token may result in the loss of your tokens.
What is the minimum Litecoin purchase?
The minimum amount needed to buy Litecoin on Crypto.com depends on your payment method: from SGD 1 for direct purchases with Apple Pay or Google Pay, SGD 20 by card and SGD 50 by FAST bank transfer. This means you can buy a small fraction of Litecoin rather than a whole coin.