Buy, Sell & Trade Litecoin with Vancouver Bitcoin
Simply buy, sell and trade Litecoin with Vancouver Bitcoin.
Litecoin (LTC)
3.17%
119.53
3.79
⇣ 116.37
27 Apr
⇡ 120.79
Meet Vancouver Bitcoin
Accessible Litecoin Trading
Founded in 2018, Vancouver Bitcoin is improving access to Litecoin for Canadians.
6+
Years in the cryptocurrency business.
400+
5-Star reviews from our happy customers.
100K +
Successful buy and sell crypto trades.
$300M +
Transacted through our OTC desk.
How it Works
Buy, Sell or Trade Litecoin in 2 Easy Steps.
Buying & Selling Litecoin
What is Litecoin?
Litecoin, created in 2011 by former Google engineer Charlie Lee, is often dubbed the “silver to Bitcoin’s gold.” Designed to overcome Bitcoin’s limitations, Litecoin prioritizes decentralization and security, sharing blockchain technology but using the Scrypt algorithm for mining. With a faster block generation (2.5 minutes vs. Bitcoin’s 10 minutes), Litecoin achieves quicker and more cost-effective transactions. With a supply cap of 84 million coins, four times that of Bitcoin, Litecoin aims for broader adoption and reduced psychological barriers to investment. Its speed and lower fees make it popular for daily transactions, micropayments, and cross-border remittances, earning favor among both merchants and investors.
Buying Example
- Example Price: LTC: $100
- Let’s say you would like to buy $5,000 worth of Litecoin
- Our Fees for a $5,000 Transaction is 5%
- $5,000 x 0.95 = $4,750
- In turn, you would receive $4,750 worth of Litecoin. If the price is $100 at the time of purchase, you would receive 47.5 LTC
Selling Example
- Example Price: LTC: $100
- Let’s say you would like to sell 50 Litecoin
- The example price is $100 per Litecoin. 50 Litecoin would equal $5,000
- Our Fees for a $5,000 Transaction is 5%
- $5000 x 0.95 = $4,750
- In turn, you would receive $4,750 in cash if the price of Litecoin is $100 at the time of the transaction
Litecoin FAQs
Frequently Asked Questions
How do I purchase Litecoin?
At Vancouver Bitcoin we make purchasing Litecoin simple. Simply or visit one of our branches. We can transact by cash, e-transfer, bill pay, and even wire transfers.
Can Litecoin be staked?
Litecoin does not offer native staking mechanisms like other cryptocurrencies.
What methods of payment do you offer?
We offer transactions in cash, e-transfers, bill pay, and wire transfers.
Is Litecoin a good investment?
Any cryptocurrencies including Litecoin are volatile assets. It is recommended to speak with a financial advisor before purchasing cryptocurrencies.
Is it safe to buy Litecoin remotely?
Any cryptocurrencies can be purchased remotely. At Vancouver Bitcoin you can purchase Litecoin at the comfort of your home via e-transfer, bill pay or wire transfers.
Can I start trading Litecoin in person?
Yes, you can visit one of our branches in Vancouver and Surrey. Find your nearest branch here.
Where can I store Litecoin?
Litecoin is available on a variety of wallets that users can hold their tokens on. Many users tend to lean towards a private wallet such as Exodus Wallet to store their funds. More advanced security options include purchasing a Cold wallet such as a Trezor Cold Wallet to hold your funds. Cold wallets provide an additional layer of security by keeping your funds offline. Interested in purchasing a Trezor Cold Wallet? Visit one of our branches in Vancouver or Surrey to get one for yourself today! Vancouver Bitcoin is an Authorized Trezor Reseller.
Is Litecoin better than Bitcoin?
Litecoin is often considered ‘silver’ to Bitcoin’s ‘gold’. They both function as a store of value. Many gold investors also invest in silver. Ultimately, they both serve their own purpose.
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