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About This Video
When it comes to buying crypto, you have a lot of options. Fortunately you can buy Litecoin with the Coinbase app anywhere Coinbase is available. It’s quick, easy, and secure. Here’s how to buy Litecoin with the Coinbase app for U.S. residents. Litecoin is a cryptocurrency that enables nearly instant and low-cost payments. Similar to other cryptocurrencies, it works on a peer-to-peer network, through which users can send and receive money without the need for intermediaries. In this video, we will show you to buy LTC with Coinbase.com. 1. Create a Coinbase account Download the Coinbase app and start the sign up process. You will need a valid ID and may be asked for proof of address in order to transact, so be sure to have those ready. Verifying your ID may take longer than a few minutes, depending on where you live. 2. Add a payment method Tap on the payment method box and connect a payment method. You can use a bank account, debit card or initiate a wire. 3. Start a trade Press arrow then select “Buy” from the list of options. 4. Select Bitcoin from the list of assets Search for Bitcoin by typing "Litecoin" into the search bar. When you see Bitcoin show up in the results, tap it to open up the purchase screen. 5. Enter the amount you want to buy Use the number pad to input the amount you want to spend in your local currency. The app will automatically convert that into a Litecoin amount. 6. Finalize your purchase Tap “Preview buy” when ready. You’ll be shown the details of your purchase. Make sure everything looks good and then confirm your purchase. That’s it, you’ve bought Litecoin.