Buy Litecoin (LTC) in Australia

Trading with Elbaite means you and your assets remain safe,
with complete peace of mind whilst you focus on what matters.

Award Winning Australian Exchange, Since 2017

Buy LTC

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How to Buy Litecoin in Australia

1. Create Account

Simply create your Personal, SMSF, Company or Trust account

2. Deposit Funds

Deposit AUD into your Elbaite account.

3. Buy Litecoin

Use your AUD to start investing.

Litecoin

LTC

Litecoin (LTC) to AUD Live Price

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What is Litecoin (LTC)?

Litecoin is one of the earliest cryptocurrencies created as a faster and more lightweight version of Bitcoin. Launched in 2011, it was designed to improve the speed and cost of transactions while maintaining many of Bitcoin’s core principles, including decentralisation, fixed supply, and transparency.

Often referred to as “digital silver” to Bitcoin’s gold, Litecoin processes blocks faster and has lower transaction fees. This makes it a popular choice for people who want to send crypto quickly or experiment with smaller payments.

While newer projects have entered the market, Litecoin continues to be widely used and supported. It’s known for its reliability, strong community, and long track record as one of the most established digital assets. If you're new to crypto or looking for something tried and tested, Litecoin is a smart place to start.

Litecoin (LTC) Frequently Asked Questions

1. What is Litecoin used for?

Litecoin is used for fast, low-cost digital payments. It can be used to send value, invest, or explore how crypto works.

2. Is Litecoin legal in Australia?

Yes. Litecoin is legal to buy, sell and hold in Australia. It's regulated by AUSTRAC and recognised for tax reporting.

3. How do I buy Litecoin?

You can buy LTC by creating an account with Elbaite, depositing AUD, and choosing your preferred storage option.

4. How is Litecoin different from Bitcoin?

Litecoin is based on Bitcoin’s code but is faster and cheaper to transact. It’s often called digital silver compared to Bitcoin’s digital gold.

5. Where is my Litecoin stored?

Litecoin is stored in a digital wallet. With Elbaite, you can choose self-custody or a secure custodial vault.

6. Can I use Litecoin to buy things?

Yes. Some merchants accept Litecoin directly, or you can sell it for AUD when needed.

7. Is Litecoin still active and supported?

Yes. Litecoin remains one of the most traded cryptocurrencies and is supported by most major wallets and exchanges.

8. Can I buy less than one Litecoin?

Absolutely. You can purchase fractions of LTC — there’s no minimum required to get started.

9. Is Litecoin a good choice for beginners?

Litecoin is often recommended for beginners due to its speed, lower fees, and long history in the market.

10. Where can I check the price of Litecoin?

You can see the live LTC price on this page, updated in real time via Elbaite’s trading tools.

How we protect your Litecoin (LTC)

Since our inception, we have made security our top priority.

1:1 Backed Asset Reserves

Your funds are always available. Every asset you hold on Elbaite is fully backed, with no lending or rehypothecation.

Multi Factor Authentication

Add an extra layer of protection with multi factor authentication, ensuring your account is secure.

Segregated On-Chain Wallets

Your assets are stored in verifiable individual wallets, never mixed with others, so you stay in full control of your funds.

Industry Leading Encryption

Every transaction and account is protected with advanced encryption to keep your data and assets secure.

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Buying Bitcoin in Australia

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Our legal & compliance team regularly work with regulators to advise on the cryptocurrency industry, ensuring that Australia has the best policies in place to support investor protection, innovation and industry growth.

We believe in the future of cryptocurrency here in Australia and want to ensure the right policies are in place to support a thriving industry.

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