How to buy Litecoin (LTC) in Australia
One of the earliest Bitcoin alternatives, designed for faster and cheaper everyday payments. One of the most widely listed coins in Australia, LTC is a proof-of-work coin and is not stakeable.
Step-by-step
- Choose an AUSTRAC-registered exchange
Pick an Australian exchange that lists LTC and is registered with AUSTRAC. Compare them on our independent Trust Score for fees, security and regulation.
- Create your account and verify your ID
Sign up and complete identity verification (KYC) with your licence or passport — a legal requirement. Turn on two-factor authentication with an authenticator app.
- Deposit Australian dollars
Fund your account with AUD. PayID and bank transfer are usually free and fast; card deposits are quick but carry a premium fee.
- Buy Litecoin
Place an order for LTC. A market order buys instantly at the current price; a limit order lets you set your price. Watch the trading fee and the spread.
- Move it to a wallet you control
For anything beyond a small trading balance, withdraw your LTC to a hardware or software wallet you control. Not your keys, not your coins.
Helpful next steps: our Trust Score ranking, the lowest-fee exchanges, the 60-second finder, and the fee calculator.
Litecoin and Australian tax
To the ATO, LTC is a CGT asset. Selling it, swapping it for another coin, or spending it is generally a capital gains event, and holding for more than 12 months may qualify an individual for the 50% CGT discount. Estimate your position with the crypto tax calculator, and see the crypto tax guide.
Frequently asked questions
Which Australian exchanges sell Litecoin?
Litecoin (LTC) is available on AUSTRAC-registered Australian exchanges that list it. Compare your options on our Trust Score ranking, and confirm LTC is listed before signing up.
How much does it cost to buy Litecoin?
You'll pay a trading fee (typically a fraction of a percent to around 1%) plus the spread. Our Fee Index shows the average across Australian exchanges, and the fee calculator estimates your exact cost.
Can I stake Litecoin in Australia?
LTC generally can't be staked for rewards in the way proof-of-stake coins can. Treat it as a hold rather than a yield-earning asset.
Do I pay tax on Litecoin in Australia?
Generally yes. The ATO treats LTC as a CGT asset, so selling, swapping or spending it is usually a taxable event. Holding more than 12 months may qualify an individual for the 50% CGT discount.
How to buy other coins
General information only — not financial advice. Litecoin is volatile and high-risk; never invest more than you can afford to lose. Confirm fees, availability and tax treatment with the provider and a professional.