As the world knows more about Bitcoin, other cryptocurrencies are also getting pushed into the limelight. Litecoin is one of the major players in the crypto sphere. It’s the reason why there are plenty of people out there that want to buy Litecoin in australia. If you are one of them, then this guide is for you.

What You Need To Know

When it comes to cryptocurrency, the current king is Bitcoin. Hence, it is treated as a “gateway coin” to other cryptocurrencies.

The reason for this is there are more venues and options for converting fiat to Bitcoin compared to converting fiat to Litecoin. If you are located in a place in Australia that you can easily convert your fiat to Litecoin, then call yourself lucky. Otherwise, you may have to get Bitcoin first and then exchange it to Litecoin.

Now that you know about that, below are a few ways of getting Litecoins.

Crypto ATM

You can buy Litecoin with fiat if you use a Crypto ATM. You simply enter your payment choice. Once payment is confirmed, the Litecoins will be sent to a wallet of your choice.

You can useCoinATMRadar.com to look for a crypto ATM near you.

Local Meetups

A local meetup is another way of getting your hands on Litecoins. This usually means meeting with someone, hand him the payments, and him sending you the Litecoin.

You can use LocalBitcoins.com to help with the process of meeting someone willing to sell you some Litecoins.

Brokers

Perhaps the most convenient or accessible way of obtaining Litecoins is through online brokers and exchanges. There are plenty of them to choose from.

BTCMarkets exclusively uses the Australian dollar. Coinjar is an Australian-based cryptocurrency exchange. Binance and Coinbase are international brokers that accept Australians.

Wrapping It All Up

When acquiring Litecoin in Australia, your main options are crypto atm, local meetups, or online brokers. If you are located in a place in which it is difficult to convert fiat to Litecoins, then you may have to buy Bitcoin first with fiat, then exchange it to Litecoin.