At bitMachina, we pride ourselves on simplifying cryptocurrency transactions for everyone. Don’t get left behind during the current crypto bull run because you don't understand traditional ways of buying/selling crypto.

Just contact us or book a private one-on-one consultation with us. We’ve made it easy to buy Litecoin in Canada with cash or a credit card.

Buying can also be as simple as an in-store shopping experience via our cryptocurrency counters in different locations in Canada. CALL US NOW: 342-308-6313

Why Litecoin?

There are millions of cryptocurrency coins out there today. If you are wondering if Litecoin is legit, here are some top pros for you to consider:

• Faster than Bitcoin: Litecoin (LTC) was created back in 2011 as a Bitcoin fork i.e., as an improvement of Bitcoin's blockchain network with a focus on speed. Litecoin has a quicker block generation timeline than Bitcoin, meaning it has faster transaction confirmations, making it better for payments.
• Lower fees: Litecoin also has lower transaction fees, making it perfect for smaller transactions.
• Established: Litecoin was created in 2011 making it one of the oldest, most established digital currencies available today.
• Potential: Litecoin has the potential to see significant price growth if widely adopted as a means of payment. The current market cap as of December 2024 is approximately $9 billion vs $1.9 trillion for Bitcoin, yet Litecoin is better in regard to payment processing and fees(*1).

Important: Litecoin is one of the top 25 cryptocurrencies globally by market cap. However, like any other cryptocurrency, there are some risks to investing. For this reason, it is recommended that you do your own research on market conditions or speak to our crypto experts to understand the risks, as well as your risk tolerance and get professional investment advice.

Buy Litecoin in Canada

Here's how to buy this cryptocurrency hassle-free if you reside in Canada:

1. Buy Litecoin in Canada Using a Credit Card

   Looking to buy Litecoin Online in Canada? You can do so easily through bitMachina using your credit card. It's that simple! We've made notable partnerships with Simplex, a renowned Cryptocurrency platform, allowing anyone in Canada to buy cryptocurrency online at a small fee.

   You just need to go through a simple verification process (when using Simplex for the first time). You may also need to contact your bank to authorize cryptocurrency transactions. Click here to buy Litecoin in Canada online NOW using your credit card.

   
   

2. Buy Litecoin in Canada with Cash (in-store)

   If you have cash (fiat currencies like Canadian dollars), you can also head over to any of bitMachina’s counters in Canada. Explore our locations here. Buying Litecoin is as easy as handing over your cash and getting Litecoin sent to a preferred crypto wallet address. If you don't have one, don't worry. One can be generated on the spot for you.

   This option is perfect for beginners who would prefer to buy Litecoin with cash through human interactions.

   
   

3. Buy Litecoin in Canada from an ATM

   You can also buy Litecoin from a few of bitMachina's Bitcoin ATMs located in Ottawa. These ATMs make it possible to buy and sell Litecoin among other crypto assets like Bitcoin, Ethereum, and Bitcoin Cash. The other bitMachina Bitcoin ATM locations only allow you to buy (not sell) Litecoin, Bitcoin, Bitcoin Cash, and Ethereum.

   Find the specific ATM locations where you can buy Litecoin in Canada.

   
   

The bitMachina Litecoin Advantage

Although you can buy Litecoin from many cryptocurrency exchanges, bitMachina offers notable advantages in Canada, such as:

• Trusted local presence: Cryptocurrency buying/selling can be risky given most players are usually online. BitMachina has established a local presence in Canada with actual physical locations (counters) and ATMs that you can buy and sell cryptocurrencies like Litecoin from. The company has also partnered with renowned players like Simplex to power online crypto purchases.
  
• Simple convenient process: You can buy Litecoin with cash at an in-store counter or online securely using your credit card or debit card just like with simple everyday transactions and with affordable transaction fees. The process couldn't be simpler!
  
• Transact all major currencies: bitMachina offers access to the most popular cryptocurrencies globally. Enjoy our wide coin selection all in one practical space.
  

Ready to Trade Litecoin? You can buy, sell Litecoin, or trade-in other major cryptocurrencies in a fast, secure, and convenient way. Buy Litecoin with Cash (from a Bitcoin ATM or Bitcoin Counter). Buy Litecoin Online (with a credit card).

Do you have a question? Ask us about anything! Ask about the current price of litecoin, buying via bank transfer/wire transfer, other payment methods, trading fees, establishing cryptocurrency wallets, hot wallets, software wallet, crypto cold storage reserves, other relevant cryptocurrencies/favorite coins, cryptocurrency taxes in Canada, and more!

*Sources:

1. Coinmarketcap.com: https://coinmarketcap.com/academy/article/litecoin-vs-bitcoin