Charlie Lee, an ex-Google employee, was a big fan of bitcoin. However, he thought he could make it better so he created Litecoin (LTC) as an alternative cryptocurrency (or ‘altcoin’) based on the original structure of the bitcoin blockchain. Litecoin was designed to be quicker at processing transactions than bitcoin. It was created for everyday use, including small transactions like buying coffee. Today LTC remains in the top 10 cryptocurrencies by market capitalization, therefore leaving many investors looking for ways to buy Litecoin in Canada. Wondering how to buy Litecoin (LTC)? Netcoins is a publicly owned, fully regulated crypto trading platform based in Canada. Simply create an account with Netcoins, fund it with a Canadian dollars and head to the trade page to buy or sell LTC. Netcoins offers 0% funding fees and free cash withdrawals with e-Transfers, along with live customer support service seven days a week.
1. Create an Account
Sign up for an account and provide some personal details to get your account verified.
2. Fund It
Your Netcoins account can be funded with a crypto deposit, an ACH transfer or a bank wire transfer.
3. Start Trading
Buy and sell as much Litecoin as you want with no slippage due to our deep liquidity
Things to Consider Before Investing in LTC
How Much Litecoin Can I Buy?
Why Should I Buy Litecoin?
How Do I Store My Litecoin?
Litecoin & The Future
WHY BUY LITECOIN?
Litecoin offers many key benefits that have allowed the project to remain among the top cryptocurrencies in spite of the fact that thousands of projects have been introduced in the last 3 to 5 years.Litecoin is so closely related to bitcoin that the project holds just enough cache to stay familiar and relevant to investors, regardless of what other altcoins are doing.
WHY IS KYC (VERIFICATION) REQUIRED?
Netcoins USA is a licensed money service business under FinCEN, we adhere to the strict guidelines set by them for Money Transmitter Businesses. We are required to have a Know-Your-Customer (KYC) process and compliance program in place. KYC is a process that allows us to verify the identity of our customers, as per American regulations.
WHAT DO I NEED TO PROVIDE FOR YOUR VERIFICATION PROCESS?
You will have to provide your email address, phone number and personal information including your first name, last name, address, date of birth and a piece of identification (like a driver’s license). Most users are verified at this point through our automated process.
HOW CAN I FUND MY ACCOUNT?
Your Netcoins account can be funded with a crypto deposit, regular ACH, ACH pre-funding or a bank wire transfer. Once you have funds in your Netcoins account, you’ll find that it’s super easy to buy LTC in the USA.