Following its surge and popularity, the number of Litecoin exchanges has also increased to meet the people’s demand.
The list of top Litecoin exchanges are as follows:
- Luno
- Quidax
- Blockvila
- Remitano
- BuyCoins
- Binance
- Paybis
- CoinCola
- Changelly
- Coindirect
The exchanges are discussed in detail below.
Luno(formerly known as Bitx) is a cryptocurrency exchange/wallet Provider.
It started as Bitx in 2013 in Singapore and expanded to several other countries.
Luno is the most popular exchange in South Africa as it records its highest trading volume there, followed by Nigeria.
Formerly, Luno supports Bitcoin, Bitcoin Cash, and Ethereum but now provides support for LTC and XRP.
You can buy LTC for local currency directly from your Luno App or desktop.
You can also trade the LTC/BTC, LTC/ZAR, LTC/NGN, and LTC/MYR pairs on the Luno Exchange.
Quidax is Nigeria’s fastest-growing cryptocurrency exchange which was launched in 2018.
It has surpassed over 16 cryptocurrency exchanges in Nigeria to hold the 3rd place in terms of trade volume.
In Quidax, users can store Litecoin, trade Litecoin against Bitcoin or Naira as well as instantly buy, sell, receive, and send it.
Most Nigerian exchanges do not support all this feature. Because it is a trading platform, users can buy Litecoin at the lowest price in Quidax.
Blockvila, in my own opinion, is the number one OTP exchange to buy Litecoin in Nigeria.
This is because it has a simple and user-friendly interface, a great support system, and the processing time is quite fast.
Its office is located in Port Harcourt, Nigeria. You can contact them via WhatsApp, Email, Phone Number, and the Live Chat on the Blockvila website.
Apart from Litecoins, you can buy Bitcoin, other cryptocurrencies, and other digital currencies like Perfect Money, e.t.c.
Binance (coined from Binary + Finance) is a household name in the cryptocurrency world.
It was founded in China and was launched by developer Changpeng Zhao.
The trading platform has since moved its headquarters to Tokyo because of regulations concerning cryptos made by the Chinese government.
Binance is a leading cryptocurrency exchange that currently supports Litecoin and over 100 altcoins.
Remitano is the number 1 Bitcoin exchange in Nigeria in terms of trade volume.
It operates a P2P system where it brings buyers and sellers together to trade and moderates the trade through the Escrow system.
The Escrow works like this:
When you request to buy Bitcoin, the seller’s Bitcoin will be held by Remitano and is released to you when the seller receives and confirms your payment. If the seller does not confirm your payment, Remitano will release the Bitcoin to you when you present proof of payment. This ensures that the seller does not run away with your money.
Asides from Litecoin, you can also buy Bitcoin(BTC), Ethereum(ETH), Tether (USDT), BitcoinCash(BCH), and Ripple(XRP) from Remitano.
BuyCoins is a P2P exchange that is based in Lagos, Nigeria.
The exchange was launched in 2017 as Bitkoin Africa but later rebranded to BuyCoins in February 2018.
The platform serves only Nigerians and supports the following cryptocurrencies:
Paybis is a digital and cryptocurrency exchange that was launched in 2014 in Latvia.
It’s a platform where people can easily convert one currency type to another.
For example, from fiat money such as Dollar or Euro to e-currencies such as Perfect Money, Neteller to cryptocurrencies.
Other cryptocurrencies that can be bought on Paybis include Bitcoin, Ethereum, Ripple, Bitcoin Cash, and Neo.
CoinCola is a Hong Kong-based cryptocurrency exchange.
It offers both peer-to-peer (P2P) trading and coin-to-coin pair trading in one integrated platform.
Other supported cryptos include:
- Bitcoin
- Tether
- EOS
- Bitcoin Cash
- Dash
- Ripple
Changelly is a non-custodial instant cryptocurrency exchange, which means that no users’ funds are placed in the service.
It has been operating since 2015 and acts as an intermediary between crypto exchanges and users.
The supported coins include:
- Litecoin
- Bitcoin
- Ethereum
- Ripple
- Dash and 150+ cryptocurrencies
Coindirect is a cryptocurrency exchange launched in 2017 and it offers 2 types of accounts to its users.
Business accounts help merchants integrate cryptocurrency into their business.
With the Personal account, you can trade 24/7 and enjoy other services from Coindirect.
You can buy and sell Litecoin and over 38 cryptocurrencies either by P2P using fiat or by swap i.e exchanging one crypto for another.
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