Buy Litecoin
in South Africa

Trusted by Litecoin buyers, you can buy and trade Litecoin in South Africa and 100+ countries on Blocktrade without any fees easily. 

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WHY BLOCKTRADE

Your entry to the world of crypto

Buy Litecoin with Zero Fees

Buy and trade
Litecoin in South Africa
with Blocktrade without
any trading fees

Wide range of cryptocurrencies

We offer a wide range
of cryptocurrencies
to buy in South Africa. Number increasing as we’re adding new coins and tokens regularly.

Regulated
in the EU

Blocktrade is registered as VASP
with the Estonian Financial
Intelligence Unit and is fully
compliant with AML 5..

Learn More about buying LTC in South Africa

How to buy Litecoin in South Africa

Buy Litecoin at your ease

Payment methods to buy Litecoin in South Africa

Credit Card

Debit Card

Bank Transfer

Credit Card

Debit Card

Bank Transfer

PayPal

Google Pay

Apple Pay

PayPal

Google Pay

Apple Pay

GET STARTED

Just 3 easy steps to your first investment in Litecoin

Sign up and verify
your account

Make your first
deposit

Start your
investment journey

MANAGE YOUR PORTFOLIO

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FAQ

Frequently asked questions

Does Litecoin have a future?

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.

How to calculate my cryptocurrency tax in South Africa?

According to the Explanatory Memorandum on the Taxation Laws Amendment Bill provided by
the SARS, a calculation of income tax or capital gains tax (CGT) with respect to cryptocurrency
transactions will be the same as for any other revenue or CGT calculation because
cryptocurrency transactions are subject to the general principles of South African tax law,
depending on whether the cryptocurrency is held on a revenue or capital account. Also,
according to SARS, a taxpayer may deduct costs related to cryptocurrencies (such as bitcoin
trading tax) so long as they comply with all of the act's requirements.

Can I sell my cryptocurrency in South Africa?

Yes, you can sell cryptocurrency in South Africa. The quickest and most secure method to sell
your crypto assets in South Africa would be through cryptocurrency exchanges. Our exchange
helps you with this matter in a fast, convenient and cost-effective way as it is user-friendly and
charges no fees for buying and trading your cryptocurrency.

Is Litecoin better than Ethereum?

Ethereum is considered the second generation of blockchains, which was supposed to perform better than Bitcoin. Therefore, it is more technologically advanced and attracts more investors to the market. Therefore, Ethereum is considered a better cryptocurrency.

How many people own crypto assets in South Africa?

The number of people in South Africa who own cryptocurrency is difficult to determine with
certainty. However, it is estimated that around 4-5% of the population owns some form of
cryptocurrency. This number is expected to grow as awareness and adoption of
cryptocurrencies increases in the country.

Who is the founder of Litecoin?

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.

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