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How to Buy Litecoin With Visa in Under 5 Minutes

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Samantha Forlow

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Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more


Litecoin – referred to as the silver to Bitcoin’s gold – has been around for around a decade and has taken centre stage in the mainstream media on multiple occasions. Many platforms now allow you to buy and sell LTC coins with Visa, making investing online easier than ever.

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As such, today, we offer a beginner-friendly guide on how to buy Litecoin with Visa in under 5 minutes! This includes reviews of the best brokers out there, key advantages of using this payment method to purchase Litecoin, and how to complete your investment step-by-step.

 

8cap - Buy and Invest in Assets

Our Rating

  • Minimum deposit of just 250 USD to get lifetime access to all the VIP channels
  • Buy over 2,400 stocks at 0% commission
  • Trade thousands of CFDs
  • Deposit funds with a debit/credit card, Paypal, or bank transfer
  • Perfect for newbie traders and heavily regulated
Don’t invest in crypto assets unless you’re prepared to lose all the money you invest.

 

 

How to Buy Litecoin With Visa in Under 5 Minutes: Quick Guide

Litecoin is one of the original cryptocurrencies and to buy it with Visa you need a reputable brokerage on your side. This should give you the confidence to access this volatile market via a safe platform.

Don’t have time to read this guide in full? If so, you will see a quick run-through of how to buy Litecoin with Visa below:

  • Step 1: Open an Account With a Reputable Broker – Choose a platform that lists LTC coins amongst its assets and also accepts credit/debit cards issued by Visa.
  • Step 2: Upload Some ID – Validating your ID is an essential requirement by regulated brokers. For photographic identification, you may opt for your passport or driving license. For proof of address – a bank statement or utility bill will suffice.
  • Step 3: Add Funds to Your Account – Next, you need to fund your account. Simply select Visa from the list and enter the amount you want to deposit.
  • Step 4: Buy Litecoin with Visa – That’s it, you can now buy Litecoin with Visa. Search for LTC coins and create a buy order by entering the amount you wish to purchase and confirming.

We mentioned the need for a reputable broker to buy Litecoin with Visa. As such, we offer full reviews of the best in the space next – for your consideration.

Your capital is at risk when trading CFDs at this provider

How to Buy Litecoin With Visa: Best Brokers Reviewed

As we touched on, in order to access the cryptocurrency markets and buy Litecoin with Visa – you really need a transparent and reputable trading platform to have the best experience.

Please note that you cannot buy cryptocurrencies directly on some platforms. However, you have the benefit of leading crypto conditions and low trading costs. Not to mention the ability to profit from rising and falling prices.

See below the top five online crypto brokers to buy and sell Litecoin with Visa:

1. AvaTrade – Overall Best Place to Buy Litecoin With Visa

AvaTrade is regulated around the globe - in multiple tier-two and tier-one jurisdictions. As such, this broker fulfills KYC protocols and is able to accept credit and debit card deposits. This of course means you can trade Litecoin with Visa in a safe setting. Notably, AvaTrade is a CFD broker, which means that you can buy Litecoin with Visa if you think the price will rise, or create a sell order if you believe a decrease in value is approaching.

Derivative trading lends itself well to low fees and the option of leveraging your position. As well as Litecoin, we found plenty of alternative digital currencies, such as Bitcoin, Ethereum, Ripple, Stellar, Dash, and many more. You can trade LTC tokens against USD, as well as other fiat currencies. In terms of storing your tokens, this won't be a problem - you will not own the underlying asset.

Learning how to trade Litecoin will be a low-cost affair here too. This crypto CFD broker does not charge any hidden fees to trade Litecoin with Visa. You will not be required to pay commissions - therefore will only need to cover the spread - which is tight across all markets. You may also leverage your position, depending on conditions. In terms of tools and features - there's an educational section, trading calculators, and economic calendars.

Link your account to MT4/5 or AvaTradeGO to trade Litecoin CFDs with Visa on the move. The minimum deposit to trade Litecoin with Visa is $100. Let's say you deposit $1,000 and make $2,000 in profit. The initial $1,000 will need to be sent back to your Visa account as per regulation - the rest you could have sent to a different method if you wanted to.

Our Rating

  • Trade Litecoin CFDs with Visa commission-free
  • Regulated by tier-1 and tier-2 jurisdictions
  • No fees to deposit with Visa
  • Admin and inactivity charge after 12 months no trading
71% of retail investors lose money when trading CFDs with this provider

2. VantageFX –  Ultra-Low Spreads

VantageFX VFSC under Section 4 of the Financial Dealers Licensing Act that offers heaps of financial instruments. All in the form of CFDs - this covers shares, indices, and commodities.

Open and trade on a Vantage RAW ECN account to get some of the lowest spreads in the business. Trade on institutional-grade liquidity that is obtained directly from some of the top institutions in the world without any markup being added at our end. No longer the exclusive province of hedge funds, everyone now has access to this liquidity and tight spreads for as little as $0.

Some of the lowest spreads in the market may be found if you decide to open and trade on a Vantage RAW ECN account. Trade using institutional-grade liquidity that is sourced directly from some of the top institutions in the world with zero markup added. This level of liquidity and availability of thin spreads down to zero are no longer the exclusive purview of hedge funds.

Our Rating

  • The Lowest Trading Costs
  • Minimum deposit $50
  • Leverage up to 500:1
75.26% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

3. LonghornFX – Best Provider to Buy Litecoin With Visa and High Leverage

If you are looking for high leverage - LonghornFX is the best CFD provider to buy Litecoin using Visa. Importantly, you can also place a sell order if you think the asset will fall in value. The platform adheres to AML and CFT practices and has a strong privacy policy in place. You will pay commission, but we found this to be super competitive at $6 per BTC traded. When it comes to the spread, we found this to be tight. You can trade Litecoin against Bitcoin, or against the world's reserve currency - the US dollar. You can also access leverage of up to a whopping 1:500.

There are over 30 crypto pairs listed at this brokerage. Other digital currencies include Ethereum, Bitcoin Cash, Dash, NEO, IOTA, and more. This is another provider that works in sync with the aforementioned third-party trading platform MT4. To help you in predicting the rise or fall of Litecoin, you can try out the free demo account via MT4 to hone in on your chart reading skills and get used to the platform risk-free.

There are also tons of indicators and advanced drawing tools which can be viewed in various timeframes. The primary deposit method here is Bitcoin, however, you can also buy and sell Litecoin with Visa, or bank wire transfer. The minimum deposit is just $10 and LonghornFX promises same-day withdrawals - back to the credit/debit card you initially funded your account with.

LT2 Rating

  • Buy and sell Litecoin CFDs with Visa and leverage of up to 1:500
  • 24/7 customer support, low commission fees and tight spreads
  • Same-day Bitcoin withdrawals
  • This broker favors Bitcoin deposits
Your capital is at risk when trading CFDs with this provider

4. Currency.com – Best Platform to buy Tokenized Litecoin with Visa

Currency.com specializes in tokenized assets. For those unaware of this form of derivative trading - the provider converts the rights of ownership in LTC coins into a digital token on a blockchain. Like CFDs, this means you can buy or sell Litecoin with Visa. Trading tokenized Litecoins also allows you to add up to 1:100 leverage and saves you from storing cryptocurrencies in a separate wallet.

This is because the tokens you buy and sell are pegged to the underlying market value of the asset in question - in this case, LTC. You can also trade tokenized Litecoin against fiat currencies like US dollars, euros, Belarusian rubles, and Russian rubles. Alternative crypto-assets include Bitcoin, Ethereum, Ripple, Chainlink, and SushiSwap. This innovative platform facilitates 50 million trades per second - which is huge.

As well as the desktop platform, Currency.com has its own app - both are extremely user-friendly. You will find the tools needed to speculate on which direction the price of Litecoin might go - and the provider offers live price alters and multiple technical indicators and trading charts. The minimum deposit when you are looking to buy Litecoin tokens via Visa is $10. You can also fund your account using Ethereum, Bitcoin, or bank transfer. Currency.com includes a free demo account for anyone keen to brush up on their skills in the cryptocurrency markets.

LT2 Rating

  • Buy tokenized Litecoin with Visa - no deposit fees
  • Competative commissions and high leverage up to1:100
  • Same-day withdrawals and super tight spreads
  • Provider favors Bitcoin deposits
Your capital is at risk when trading tokenized assets with this provider

2. EightCap – Trade Over 500+ Assets Commission-Free

Eightcap is a popular MT4 and MT5 broker that is authorized and regulated by ASIC and the SCB. You will find over 500+ highly liquid markets on this platform - all of which are offered via CFDs. This means that you will have access to leverage alongside short-selling capabilities.

Supported markets include forex, commodities, indices, shares, and cryptocurrencies. Not only does Eightcap offer low spreads, but 0% commissions on standard accounts. If you open a raw account, then you can trade from 0.0 pips. The minimum deposit here is just $100 and you can choose to fund your account with a debit or credit card, e-wallet, or bank wire.

LT2 Rating

  • ASIC regulated broker
  • Trade over 500+ assets commission-free
  • Very tight spreads
  • Leverage limits depend on your location
Your capital is at risk of loss when trading CFDs at this platform

Buy Litecoin With Visa: Key Advantages

Still apprehensive about how to buy Litecoin with Visa? You should always conduct your own research when it comes to choosing a financial provider – and anything to do with trading and investing.

With that said, we have listed some key advantages below of buying Litecoin with Visa – for you to consider before taking the plunge.

Convenient and Fast Litecoin Purchases

Back in the infancy years of cryptocurrencies, the idea of being able to buy Litecoin with Visa would have been unimaginable. Instead, you would have had to go through the drawn-out process of mining LTC coins or signing up with a potentially shady crypto exchange.

To purchase LTC coins via a crypto platform, you would likely have to send money via cheque or wire the funds directly to the offshore exchange. Receiving your Litecoin purchase could have taken days if not weeks in some cases.

  • By choosing the right platform to access LTC coins, you will have a fast and convenient way to buy Litecoin with Visa.
  • Some unregulated crypto platforms are unable to accept debit and credit cards.
  • Others will charge a huge percentage of your deposit to buy Litecoin with Visa.
  • This payment method is usually instant, although it’s wise to also check any fees involved as they can vary by quite a lot.

At online brokers AvaTrade and Capital.com – you will not pay any deposit or commission fees to purchase LTC coins with credit/debit cards. Furthermore, all offer speedy and convenient transactions to buy Litecoin with Visa.

Enhanced Measures of Security and Privacy

Still thinking about how to buy Litecoin with Visa in safety? It may put your mind at ease to know that this payment giant carries out more rigorous checks on crypto providers than alternative card issuers.

Just a few of these aforementioned checks include:

  • Platforms must carry out AML and KYC checks.
  • Full compliance will all relevant regulations and rules is essential.
  • Regulated crypto brokers must monitor all transactions.

Visa partakes in privacy programs on a global scale, ensuring each time you buy Litecoin it is seamless and secure. Furthermore, the company has announced plans to support up-and-coming digital bank currencies.

Buy Litecoin With Visa for Simple Withdrawals

When you join a respected brokerage to buy Litecoin with Visa, you should find the withdrawal process much simpler than you would at an unregulated crypto exchange.

Here is a general idea of how to request a withdrawal:

  • Presuming you bought Litecoin with Visa.
  • You need to log into your broker account with the email and password initially used to set your profile up.
  • Head over to the withdrawal section and enter the amount to draw out.
  • Next, select Visa from the method of transfer menu.
  • Select the specific account – if you have more than one.
  • Enter the amount of money you wish to withdraw.
  • You might need to enter the last three digits of your Visa card to complete your request.

As we mentioned, withdrawals are usually speedy. Some platforms process requests within 24 hours. Always check all the information you’ve entered before confirming. Notably, you have to ensure you have verified your account with documentation first.

Also remember, with a regulated broker such as AvaTrade, storage won’t be an issue either. This is because, as we touched on in our reviews, you are merely trading based on the underlying cryptocurrency’s rise or fall in value.

Fees Aren’t What They Used to be

Fees to buy Litecoin with Visa used to be extortionate, and still are via some crypto platforms. With that said, if you look hard enough, it is possible to invest in and trade cryptocurrencies in a cost-effective way.

You will see below some examples illustrating the huge disparity between the cost of buying Litecoin with Visa:

  • Coinbase charges 3.99% to buy Litecoin with Visa.
  • Crypto exchange Binance stipulates between 1.8% and 4% (location dependant).
  • Top-rated broker AvaTrade charges 0%.
  • Beginner-friendly Capital.com also charges 0%.

As you can see from the above, we reviewed multiple brokers for the purposes of this guide on how to buy Litecoin with Visa.

How to Buy Litecoin With Visa: Why Choosing a Reputable Broker is Essential

Whilst there isn’t nearly as much mystery surrounding digital currencies these days, their speculative and unregulated nature still intimidates many people. This is why it’s essential to buy Litecoin with Visa via a reputable broker!

We have already divulged the best platforms to facilitate your access to the cryptocurrency markets – each of them is a reputable and well-known entity.

For those undecided about whether a broker or an unregulated exchange is preferable – you will see below a brief explanation of why choosing a highly regarded provider is so important, and what exactly is meant by KYC.

Know Your Customer (KYC) 

KYC helps to reduce financial crime in the cryptocurrency space. It also satisfies the record-keeping requirement by the aforementioned regulatory bodies.

For instance:

  • Top-rated broker AvaTrade follows KYC and accepts a government-issued ID, passport, or driving license as proof of identification.
  • This must include your name, photo, and date of birth.
  • In order for the platform to validate your address, you can send a copy of a utility bill or bank statement.
  • The letter or bill must be dated within six months, and show your name and residential address.

As such, when signing up with a broker regulated by the likes of the FCA, ASIC, CySEC, or FSCA – to name a few – you will have to provide information and the aforementioned documentation surrounding who you are.

How to Buy Litecoin With Visa in Under 5 Minutes: Step-by-Step Walkthrough

For anyone who has never purchased cryptocurrencies before, the process is simple. We have included a five-step walkthrough – to guide you through how to sign up with a broker to buy Litecoin with Visa in safety.

Step 1: Select a Broker and Sign up

First, you will need to decide which brokerage might be the best option – depending on your needs. The platform must list Litecoin and accept Visa.

Also, look for low fees and the option of making gains even if the market is falling. Additionally, you can ensure the provider is regulated by at least one body – such as ASIC, or the FCA for instance.

Once you have made your decision, you can sign up. Online brokers will need you to enter your name, address, date of birth, email, and password to buy Litecoin with Visa.

Step 2: Complete KYC Verification

Next, as we explained, for the broker to be able to verify your identity so you can buy Litecoin with Visa – you need documentation to back up the details you have already provided.

  • For proof of identity – you can send a clear copy of a photo ID such as a driving license or passport.
  • For proof of address – you can send a copy of an official letter such as utility or tax bill for instance. As this guide touched on – this must contain your full name and address and be no older than 3/6 months (depending on the broker).

You should receive confirmation of your registration and new account straight away, depending on the platform.

Step 3: Use Visa to Make a Deposit

Once you have received confirmation of your new account, you can add funds to buy Litecoin with Visa. Enter the amount you would like to deposit and select Visa from the list of available payment types.

Next, you can enter your card details. This will include your name, the long number from your card, expiry date, and the 3 digit security code found on the signature strip.

Step 4: Find Litecoin

The best broker to buy Litecoin with Visa will make finding your chosen asset a breeze. You can either look in the crypto section to view the full list of supported coins or use the search box.

Once found – click the asset and you will be one step closer to buying Litecoin with Visa.

Step 5: Place an Order to Buy Litecoin

By now, the broker has successfully validated your ID, and you have funded your new account.

Now, you can buy Litecoin with Visa. Simply enter the amount you want to purchase and confirm the order.

Remember, if you are trading Litecoin CFDs – you can also choose a sell order to go short on your chosen pair.

How to Buy Litecoin With Visa: Full Conclusion

People buy and sell cryptocurrencies 24/7, partly due to the lack of control from central banks. This is of course advantageous and presents heaps of opportunity to profit from rising and falling markets.

However, in order for you to buy Litecoin with Visa, regulatory bodies require the broker to adhere to strict rules. KYC is an integral part of countering money laundering. As such, the broker must learn who you are and verify your identity with documentation.

We found heavily regulated AvaTrade to be the best all-rounder to buy Litecoin with Visa. The process is stress-free, almost instant, and you will not pay commission fees. Furthermore, there are heaps of other assets to trade as CFDs and the platform doesn’t charge to deposit via credit/debit cards.

 

8cap - Buy and Invest in Assets

Our Rating

  • Minimum deposit of just 250 USD to get lifetime access to all the VIP channels
  • Buy over 2,400 stocks at 0% commission
  • Trade thousands of CFDs
  • Deposit funds with a debit/credit card, Paypal, or bank transfer
  • Perfect for newbie traders and heavily regulated
Don’t invest in crypto assets unless you’re prepared to lose all the money you invest.

 

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