Why use Swyftx to Buy Litecoin?

Lowest Fees

Swyftx has ~4x lower spreads and ~2x cheaper trading fees when you buy Litecoin, than our closest competitors.

Instant Verification

Verify online instantly without uploading documents and deposit AUD to start Litecoin trading in less than 2 minutes.

Secure Accounts

Breached password detection and Two Factor Authentication help protect your account from scammers.

Buy Litecoin Sell Litecoin

What is Litecoin?

Litecoin offers a fully decentralised online currency which is open source network without any central authorities. Litecoin has a stable established marketplace consisting of many exchanges that handle tens of millions of dollars of litecoin transactions each day. Litecoin was founded in 2011 by Charlie Lee who sold and donated all of his litecoin tokens as he believed holding them was a conflict of interest.

How do I buy Litecoin?

To buy Litecoin, log into the Swyftx crypto exchange, enter an amount of Litecoin you want to buy, or the amount of Australian dollars you want to sell. If you’re happy with the price, tap the ‘Buy Litecoin‘ button to complete your Litecoin purchase. You can deposit AUD via BPAY, OSKO, PayID, POLi Pay, or Bank Transfer as your payment method to instantly purchase Litecoin and other digital currencies, including ‘alt coins’. Once the transfer is processed, your account balance can be used to buy Litecoin which will be available in your Swyftx hosted online Litecoin wallet immediately. Many altcoin wallets are also available in case you want to buy crypto.

You can deposit or withdraw your Litecoin or other digital currencies from your private online Swyftx wallet at any time. Sign up for your own Litecoin exchange trading profile and start buying or selling Litecoin by creating a free account now.

How do we determine the price of Litecoin?

The price of Litecoin listed for trading on the Swyftx crypto exchange is set by real world trade volumes averaged on global exchanges, so our Litecoin price won’t fluctuate as heavily as you might see on our competitors sites. Litecoin prices are influenced by the supply and demand from buyers and sellers through out the world.

The current price of Litecoin is set at the price of the last trade that took place, meaning the latest price a buyer and seller agreed to exchange at. Swyftx doesn’t charge any artificial spread on Litecoin nor does it “make the market” when you buy Litecoin. This means you can trade as little or as much Litecoin as you like and know that you’ll always get the best prices with the lowest fees on our Litecoin Exchange.