How To Buy Litecoin (LTC) In Canada: A Useful Guide For 2025

Last updated:12/30/2024
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Upon arriving at their preferred cryptocurrency exchange, both seasoned investors and newcomers alike are confronted with a myriad of options. The decision on which digital asset to invest in hinges on one’s familiarity with the market, personal goals, and the desired quantum of holdings in their cryptocurrency wallet.

Are you a newcomer looking to gain huge return from crypto trading in Canada? This article will give Canadian investors a detail guidance on buying Litecoin (LTC), the next “crypto showstopper”, thus obtaining generous return from trading this kind of cryptocurrency.

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What is Litecoin (LTC)?

LTC

LTC
Cryptocurrency Litecoin
Token LTC
Price $ 105.0788 1.44%
Rank 24
Market Cap $ 7.9B
24H Trading Volume $ 1.6B
All-time High $ 410.7610
All-time Low $ 1.1137
24 High $ 107.5066
24 Low $ 102.2944
Cycle High $ 146.2340 / 2024-12-05 16:25:00
Cycle Low $ 40.4689 / 2022-06-14 02:05:00
Update Time 2025-01-02 00:05:02

More than a decade ago, following the emergence of Bitcoin—the first peer-to-peer decentralized cryptocurrency—rival digital currencies began to take shape. Litecoin (LTC) emerged as an early digital asset within this burgeoning industry, designed to facilitate direct fund transfers between two parties without the need for intermediaries such as payment processing services or credit card companies.

Launched in late 2011 by former Google engineer Charlie Lee, Litecoin was developed by adapting the Bitcoin codebase. However, it distinguished itself through an increased total supply and a modified speed at which new blocks are added to its blockchain.

Often referred to as “digital silver” in contrast to Bitcoin’s “digital gold,” Litecoin offers an alternative mining algorithm and faster transaction settlement times compared to its more traditional counterpart Bitcoin. The total supply of Litecoin is capped at 84 million coins—approximately four times that of Bitcoin—and Litecoins are mined at a rate four times faster than Bitcoins, with block generation occurring every 150 seconds.

Additionally, Litecoin set itself apart from Bitcoin by utilizing a newer cryptographic algorithm known as Scrypt. Nevertheless, all mined tokens remain authenticated on the public ledger. Newly created Litecoins can be stored on cryptocurrency exchanges or in digital wallets accessible during transactions.

As of now, Litecoin boasts a market capitalization of approximately $13 billion. While it may face challenges in unseating Bitcoin from its position as the leading cryptocurrency, Litecoin undeniably maintains its status as a formidable competitor that continually pushes the boundaries of innovation.

As of writing the article, LTC is traded at $ 105.0788, boasting a market cap of $ 7.9B, and witnessing a hefty 24-hour trading volume of $ 1.6B. LTC saw a 24-hour price change of 1.44%, with minor fluctuations of 0.10% in the past hour.

The following sets forth the LTC to USD Price Chart

Litecoin Price

LTC USDT-margined perpetual futures contract with a leverage of up to 100x is available on BTCC. If you are interested, click the button below to buy LTC ⇓

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How to Buy Litecoin (LTC)?   

After reading our introduction and analysis about Litecoin (LTC) crypto, are you eager to start you trading journey starting from buying Litecoin (LTC)? If you are, we strongly recommend you to start with a reliable crypto exchange like BTCC, where offers you the most detail introduction about all kinds of cryptocurrencies and the most safe and simple trading process. On BTCC, you can easily invest in Litecoin (LTC) by creating an account with BTCC, adding funds to your account directly through several your preferred ways and buying the Litecoin (LTC) coin directly through the BTCC platform.

Where to Buy Litecoin (LTC) in Canada?

If you want to trade Litecoin (LTC) crypto in Canada, we advise you to start with BTCC, one of the longest-serving exchanges in the world. As a old exchange enjoy good reputation, BTCC is more reliable. As one of the longest-running exchanges in the world, BTCC supports crypto copy tradingspot trading, as well as futures trading for 300+ cryptocurrencies with a leverage of up to 500Χ.  If you want to trade Litecoin (LTC) crypto and other cryptocurrencies in Canada, you can start by signing up for BTCC.

BTCC is among the best and safest platforms to buy Litecoin (LTC) crypto. The reasons why we introduce BTCC for you set forth as below:

Industry-leading security

BTCC attaches great importance on security. Since founded in 2011, BTCC has never been hacked or been a victim of any other kind of successful malicious attack, which fully illustrates its security capabilities. Through measures like segregation of assets, 1:1 storage of users’ assets, money laundering prevention and identity authentication and no collateralising tokens for loans, BTCC enjoys good reputation in asset security.

High Liquidity & Volume

BTCC is ranked top 10 by trading volume on both CoinMarketCap and CoinGecko, the world’s two largest crypto information platforms. BTCC prides itself on providing crypto futures trading services to users worldwide with market-leading liquidity, offering perpetual futures on over 300 cryptocurrencies, including BTC, ETH, DOGE, LTC, SOL, Litecoin (LTC), SHIB, etc.

Extremely low fees

Charging high fees means less return for investors. Compared with other major exchanges, BTCC only charges 0.06% for both takers and makers, which are far below the industry average. According to the largest and most recent empirical study on crypto exchange trading fees, the average spot trading taker fee is 0.2294% and the maker fee is 0.1854%.

High and rich bonus

BTCC holds all kinds of campaigns where investors can participate to win exciting bonus. For example, new users can get rewards up to 10,055 USDT coupon through completing relevant missions, like registration, identity verification, first deposits, cumulative futures trading volume, etc. Besides, becoming VIP also can enjoy rewards like VIP-exclusive perks, including discounts on trading fees, access to exclusive campaigns, BTCC merch, priority customer support, fast withdrawal, and many more.

Excellent customer service

BTCC also gains great reputation in terms of customer support. If you are confused or have problem in the process of trading currencies, you can obtain customer support via email and live chat, BTCC offers 24/7 online customer service for you.

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How to Buy Litecoin (LTC) in Canada?

Buying Litecoin (LTC)  in Canada as well as other cryptocurrencies is easy and safe with BTCC crypto exchange. Here is how it works:

  1. Create Your Account: When you  sign up to create an account on BTCC, you would required to confirm your email address, phone number, and verify your identity.
  1. Add Funds: Before you can buy Litecoin (LTC) in Canada, add funds to your account directly with your preferred method.
  1. Buy and Sell Litecoin (LTC): Once you have sent money to your account, you can buy Litecoin (LTC) instantly.  BTCC also makes it simple to sell Litecoin (LTC) in Canada. Exchange your Litecoin (LTC) for USDT and withdraw the funds back into your bank account.

How to Trade Litecoin (LTC) Futures on BTCC?

LTC USDT-margined perpetual futures contract with a leverage of up to 100x is available on BTCC. If you are a newcomer, please follow the below step-by-step guidance to place your Litecoin (LTC) order.

Step 1: Create a BTCC account

Sign up BTCC to start your journey on this leading crypto exchange.

Step 2: Complete BTCC’s identity verification

Kindly verify your identity to ensure full compliance and enhance your trading experience on BTCC.
You can access the identity verification page, fill out your country, upload your ID documents, and submit your selfie. You will receive a notification once your identity has been successfully verified.

Step 3: Fund your BTCC account

On the BTCC official homepage, choose “Deposite”, and then fund your account with your preferred method

Step 3: Place your Litecoin (LTC) order on BTCC

 Go back to the BTCC official homepage, choose “Futures” -“USDT-M Perpetual Futures Contract”, and find LTC/USDT trading pair.

You can also directly click the button below to enter the LTC order page.

Step Four: choose the contract trading order type. Futures contract orders on BTCC platform include market orders, limit orders and SL/TP orders.

  • Market Order: users place orders at the best price in the current market to achieve fast trading.
  • Limit Order: Limit orders are a type of order to buy or sell futures at a price more favourable than the market price. When you buy at a price lower than the market price or sell at a price higher than the market price, the order will be in the form of a limit order.
  • SL/TP Order: SL/TP orders are a type of order to buy or sell futures at a price less favourable than the market price. When you buy at a price higher than the market price or sell at a price lower than the market price, the order will be in the form of a SL/TP order.

Step Five: adjust the leverage multiple.

 

Please keep in mind that operating leverage carries the risk of liquidation. Leverage should be adjusted based on your financial status and risk tolerance.

Step Six: choose the lot size and set the SL/TP price .

Step Seven: after setting the basic data information, users can choose to buy (open long) or sell (open short) after entering their ideal price. Traders should remind that the price cannot be higher or lower than the highest buying price or lowest selling price of the platform.

Step Eight: click the buy or sell button, and LTC futures contract order is completed.

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