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How to buy Litecoin with Apple Pay
Why investors buy Litecoin with Apple Pay
Introduced in 2014, Apple Pay is a payment service for web-based payments through iOS and is fully supported by Apple products. Nowadays even many stores accept Apple Pay, leading to an increase in Apple Pay payments worldwide. This means that Apple Pay is supported by thousands of apps and stores around the world, allowing users to purchase a variety of goods and services. While Apple does not directly integrate Bitcoin or other forms of cryptocurrency on its devices, many exchange platforms facilitate transactions or transfers of digital currencies through Apple Pay in order to offer straightforward transactions. On that account, users can buy cryptocurrency on our exchange using the quick, simple, and secure "Apple Pay" payment method. Purchasing cryptocurrencies has never been easier thanks to the simplicity and accessibility of Apple Pay combined with our exchange's user-friendly interface. Some of the main advantages of using Apple Pay as your cryptocurrency payment method include:
- Built-in privacy and security,
- Global availability,
- Faster and easier than using cards or cash,
- Much more convenient cashing out online,
- The ability to deposit up to $20,000 per week to a debit card or bank account,
- Apple Pay also allows a transaction minimum of $1 and a seven-day weekly maximum of $10,000.
Some of the main advantages of using Apple Pay as your cryptocurrency payment method include; built-in privacy and security, global availability, faster and easier than using cards or cash, much more convenient cashing out online, and the ability to deposit up to $20,000 per week to a debit card or bank account. Apple Pay also allows a transaction minimum of $1 and a seven-day weekly maximum of $10,000.
Is LTC a good investment?
Litecoin has always been among the top 10 cryptocurrencies on the market. It entered the trading market in 2013 with a price of $4. At that time, the Litecoin price was equal to $0.03 Bitcoin. Litecoin experienced many ups and downs during its history. It reached $5 in November 2013 and stayed almost stable until March 2015, when its price suddenly dropped to $2. However, it could come to a higher price the same year and rise to $5.1. The fluctuations of Litecoin were 1 or 2 dollars lower or higher until it reached its peak price of $334 in 2017, which was a record. Litecoin fell to $34 in 2019 and again rose to $125 the same year. It has always shown that it could be a profitable investment if you buy it at the right time.
Litecoin's price was $78 in the late months of 2022. Its history shows that it could surprise its owners by rising to the highest price to dropping to its lowest. However, in every financial market, a price increase may have a price decrease so people can join the market again. Analysts have different opinions about the future of this coin. Most of them believe that Litecoin price may reach $270 in 2025. The next 5 years might be even better for LTC owners because most of the experts on this market expect Litecoin price to be around $1,450.85. However, you should always consider that these numbers are just predictions and are not %100 guaranteed. Therefore, frequently keep reading updates about the Litecoin market and price to ensure it’s the right time to buy or sell.
Who can buy Litecoin with Apple Pay
All users, investors, and holders on our exchange can benefit from Apple Pay payment method no matter a beginner or a professional. Employing Apple Pay’s integrations increase our exchange’s usability and diversify the payment options available to our exchange users.
What is Litecoin ?
Litecoin is a peer-to-peer decentralized cryptocurrency that was launched in 2011. Thus, it is considered one of the earliest altcoins. Although Litecoin was inspired by Bitcoin, the main purpose of creating it was to complement Bitcoin and improve everyday use. Some of the problems that Litecoin aimed to solve were the cost and speed of transactions. Litecoin is almost 4 times cheaper, and the mining process is much quicker than Bitcoin. However, the transactions are smaller in size. Almost 14400 Litecoin tokens are mined daily. Like Bitcoin, Litecoin also uses a Proof-of-Work mechanism to verify and protect the transactions on its network.
What is LTC
Litecoin is a digital currency that is shown by the LTC sign. The native coin of the Litecoin blockchain (LTC) was released to the market in 2013. It experienced many surprising ups and downs and became one of the top cryptocurrencies on the market. Litecoin is very similar to Bitcoin. However, the value of Bitcoin has always been higher than Litecoin. But there are differences between these two digital currencies that can help the investor decide which one to buy. Litecoin has a fixed supply of 84 million tokens, which is almost 4 times more than Bitcoin's 21 million tokens; 69 million LTC tokens are in circulation.
How to buy LTC with Apple Pay instantly?
Our exchange platform allows you to buy, sell, exchange and store digital currencies using different payment methods, one of which is Apple Pay. Users can instantly purchase the cryptocurrency they want through our exchange using Apple Pay, and the funds are then transferred to their wallet. In addition, our exchange’s mobile app and wallet are both Apple Pay compatible, giving our users complete access to all the resources they need to carry out their cryptocurrency transactions quickly and with ease.
Where can I buy LTC online with a Apple Pay?
Our exchange supports Apple Pay as a payment option in order to assist users to trade, buy and sell digital currencies using the Apple Pay digital payment service. To buy digital currency with this payment method, simply just log in to your account on Blocktrade.com site using your email address and a device that supports Apple Pay, choose your desired coin among the options of digital currency, enter the amount of cryptocurrency you need to buy and then select top-up your balance with the fiat currency of your choice, select Apple Pay from the list of available payment methods and increase your balance, then confirm the purchase of the desired cryptocurrency using Apple Pay.
Is LTC Reliable?
Litecoin is a secure digital currency and has extremely strong encryption. It is worth mentioning that Litecoin, like Bitcoin, follows the POW consensus algorithm to confirm its transactions quickly and safely. The combined power of the Litecoin mining network can prevent attacks.
To keep your Litecoin tokens safe and away from the access of hackers, you should always consider choosing a secure wallet. Generally, hardware wallets are more secure than software wallets, especially if you want to keep Litecoin as a long-term investment. If you want to use this coin, it’s better to choose a mobile app or software wallet; so you have more control over your tokens.
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FAQ
Frequently asked questions
Many crypto experts and analysts believe that Litecoin's price might be surprisingly high in the long future. However, in the short term, you might also see a good rise. Furthermore, Litecoin is a trusted and reliable crypto that you can use in many ways. Therefore, more and more stores and companies will accept this coin in the future. That shows you might not lose your money by buying LTC.
You decide which forms of payment Apple Pay will use to carry out your crypto transactions when using its services in conjunction with our exchange. Plus, Apple Pay enables you to store debit and credit card information on your Apple device in order to facilitate simple online transactions.
XRP, also known as Ripple, is on the list of top 10 cryptocurrencies on the market, the same as Litecoin. However, it was always a few steps higher than Litecoin, which shows it is more popular and performs better on the market. But other factors can show you if a cryptocurrency is better than another. You need to check the price predictions of both cryptocurrencies to decide which one to invest in.
Apple Pay does not impose any additional fees on top of those levied by your credit card provider. However, additional fees shouldn't apply to Apple Pay transactions made using a debit card. Also, note that our exchange charges no trading fees as well.
Charlie Lee is the brain behind creating Litecoin. Charlie, known as Chocobo, was a former Google engineer and one of the first Bitcoin analysts. He designed the Litecoin network to solve the problems that the Bitcoin network had. However, he didn’t claim that Litecoin is supposed to compete with Bitcoin.
No. Users cannot exchange cryptocurrencies using Apple Pay. However, our exchange has a variety of tools and products for trading and exchanging cryptocurrencies if you're interested in doing so. Additionally, the wallet on our exchange enables users to easily manage their cryptocurrency assets.
