Stores That Accept Litecoin

Well-known Litecoin, Bitcoin’s younger brother, is often used to perform rather small everyday transactions. If you have this cryptocurrency in possession, this article will be useful to know how and where you can spend it to purchase items, other crypto, or services.

What Is Litecoin?

Litecoin is a decentralized cryptocurrency launched by Charlie Lee in 2011. The inventor strived to create even “lighter” Bitcoin for it to be used in everyday payments. In other words, it ensures quicker transaction timing and lower network fees compared to the former. It is also based on the Proof of Work consensus mechanism; however, the time needed to generate a block reaches 2.5 minutes to encourage a quicker transaction. The total amount of this currency is limited by 84 million units that exceed the number of Bitcoins fourfold.

How Can I Use Litecoin?

To start using Litecoin (LTC), firstly, you need to create a crypto wallet, choose an exchange platform and buy Litecoin. Let’s look into it in more detail:

1. Create a Litecoin Wallet.

• Choose a wallet: Select a secure wallet that supports Litecoin, such as hardware wallets (Ledger, Trezor), software wallets (Exodus, Atomic Wallet), or online wallets (Litecoin Core, Trust Wallet, or Cryptomus).
• Download or sign up: If using software or an online wallet, download the app or sign up on the platform's website. Hardware wallets need to be purchased and set up following the manufacturer’s instructions.
• Create a wallet: After installation or sign-up, create a new wallet by following the setup process. You'll typically be asked to generate a recovery phrase (seed phrase) to backup your wallet in case you lose access.
• Secure your wallet: Write down the recovery phrase and store it safely. Set up additional security features like two-factor authentication (2FA) if it’s available.

2. Buy Litecoin

• Select a cryptocurrency exchange: Choose a reputable exchange like Cryptomus, Binance or Coinbase that supports Litecoin.
• Create an account: Sign up on the exchange platform, complete any required verification (KYC) processes, and enable security features like 2FA.
• Deposit funds: Fund your account using a bank transfer, credit card, or other accepted payment methods.
• Purchase Litecoin: Navigate to the trading section and find Litecoin (LTC). You can buy Litecoin directly or set a limit order.
• Transfer Litecoin to your wallet: For added security, transfer your Litecoin from the exchange to your personal wallet by sending it to your wallet’s address. This ensures that you have full control over your funds.

After setting up your wallet and buying Litecoin, you can use it for transactions or purchases, hold it as an investment, or exchange it for other cryptocurrencies.

How To Spend Litecoin?

You can spend your Litecoin (LTC) in several ways, depending on your wishes and goals. Here are some common ways to spend your Litecoin:

1. Buy Goods or Services Physically

• Physical stores: Certain physical stores also accept Litecoin. You can use apps or websites like CoinMap to find local merchants that accept cryptocurrencies.
• Crypto Debit Cards: Crypto debit cards allow you to convert your cryptocurrency into fiat currency at the point of sale. Companies like Binance Card, Coinbase Card, and Crypto.com Visa Card provide these services. You preload your card with crypto and spend it anywhere traditional debit cards are accepted.

2. Sell Litecoin for Fiat or Other Cryptocurrencies

• Peer-to-peer (P2P) transactions: On P2P exchanges, you can find someone who wants to buy Litecoin, then sell it directly to them and receive fiat currency or another cryptocurrency in return via your preferred payment method. P2P platforms like Cryptomus P2P also facilitates such trades.
• Exchanges: You can sell your Litecoin on exchanges like Binance, Coinbase, or Kraken to convert it into fiat currency (USD, EUR, etc.) or another cryptocurrency. After selling, withdraw the funds to your bank account or use them to trade for another crypto.

3. Pay for Online Services Through Merchants Accepting Litecoin

• Online stores: Many platforms, like VPN providers, hosting services, and gift card companies, accept Litecoin. So, you can use your Litecoin to pay for goods and services online without converting crypto into fiat first. Choose Litecoin when checkout and use your crypto wallet to pay with LTC.

These are just a few examples of how you can use your Litecoin. It’s also possible to use Litecoin on specific decentralized finance (DeFi) platforms.

Stores That Accept Litecoin

Here is a list of stores that accept Litecoin:

• Overstock;
• Newegg;
• Travala;
• Alternative Airlines;
• Bitrefill;
• Coinsbee;
• NordVPN;
• ProtonVPN;
• Namecheap;
• Hostinger;
• Takeaway.com;
• Menufy;
• Bithome;
• Crypto Emporium.

We’ve divided those stores by the spheres, so it’s more comfortable for you to select the needed one.

1. Retail & E-commerce

• Overstock: An online retailer offering a wide range of products such as furniture, home goods, and electronics.
• Newegg: An electronics retailer where you can buy computers, laptops, and other tech products.

2. Travel & Hospitality

• Travala: A travel booking platform where you can reserve hotels, flights, and more using Litecoin.
• Alternative Airlines: A flight booking service that allows you to book plane tickets with Litecoin.

3. Gift Cards

• Bitrefill: A platform where you can buy gift cards for popular brands like Amazon, Starbucks, and Netflix using Litecoin.
• Coinsbee: Another platform offering gift cards for various online services and retailers, such as Google Play and Steam.

4. VPNs & Online Security

• NordVPN: A popular VPN service that accepts Litecoin for securing your internet connection.
• ProtonVPN: Another VPN provider where you can pay for secure internet services using Litecoin.

5. Web Hosting & Domains

• Namecheap: A domain registrar and web hosting provider where you can pay for services using Litecoin.
• Hostinger: A web hosting company that also accepts Litecoin for hosting packages.

6. Food & Beverage

• Takeaway.com (selected regions): A food delivery service that allows you to pay with Litecoin at participating restaurants in certain regions.
• Menufy: A food ordering service where you can pay for restaurant deliveries with Litecoin.

7. Real Estate

• Bithome: A real estate platform that allows you to buy and sell property using Litecoin and other cryptocurrencies. Crypto Emporium: An online store where you can purchase luxury items like real estate, cars, and watches using Litecoin.

These stores cover a broad range of categories, making it easier to spend Litecoin across various sectors. Consider your personal financial goals, the amount of LTC you’re willing to spend, and the purchasable item–the choice is fully yours. And if you are interested in other merchants accepting a particular cryptocurrency, you can easily find them in the merchant catalog.

Did you find this article helpful? Which stores do you consider fitting for your personal needs? Tell us in the comments below!