CEX.IO complies with international AML/KYC rules and follows best practices to keep users’ data safe. We use advanced accept litecoin security technologies to provide users with a safe place to trade and store cryptocurrencies. For example, we use cold wallets to keep customers’ holdings while keeping company funds on hot wallets to support constant transactions flow. Find out more about the security of clients’ funds on CEX.IO in our article.

Are there any additional fees when paying with Litecoin?

We wrote an article about the best cryptocurrency processing services. Receive Litecoin payments with a powerful API, e-commerce plugins, email billing, and more solutions for collecting payments. NOWPayments will give your customers the list on 300+ cryptocurrencies they can use to pay for goods and services. With CEX.IO mobile https://www.xcritical.com/ app, you can monitor your crypto portfolio anytime and buy cryptocurrency on the go.

Litecoin Wallet Guide – How to Store, Send and Receive LTC Tokens

LTC was separated from the BTC blockchain after increasing pressures from the increasing crypto processing fees and mining process, where miners were getting the upper hand in the ecosystem. The simplest one is turning on the auto-conversion mode on your KUNA Pay account. It is a function that allows you to convert your cryptocurrency holdings into other currencies supported by our platform, such as EUR and USDT. Auto-conversion allows you to manage your Litecoin payment fast and easily without the need for manual trades. Litecoin’s price history reveals it to be one of the best performing digital currencies with a stable price since its inception.

How to Donate Bitcoin to Charity (and Why it’s Better than Credit Cards)

how to accept litecoin payments

Charlie Lee, an ex-Google engineer, created the Litecoin network as an open-source blockchain that minimises the centralised control of nodes or other participants. Originally, it used a different encryption scheme to mine for its coin, but miners quickly adapted, and LTC mining became available. Connect to Plisio and start accepting Litecoin in your store, ICO or other platform today.

How safe are payments made on the Litecoin network?

It’s important to note that Litecoin transactions are irreversible, so it’s crucial to make sure that you are sending Litecoin to the correct address and that the recipient is trustworthy. For those who make sales online, crypto processing is the best option. Unlike fiat currencies, cryptocurrency is not controlled by the state or individual banks.

Payment Links & Cryptocurrency for Business: A Comprehensive Guide

The Payment API links the checkout system of your business to a payment processing network that allows your clients to make transactions from you. Litecoin’s foundational blockchain technology also improves privacy and security. Transactions are aimed only for the intended receiver to have access to them. Overall, Litecoin works well for e-commerce, money transfers, and other applications that need rapid, cheap, and secure digital payments.

  • For depositing LTC, go to the Finance page on the CEX.IO website and click “Deposit” next to your LTC balance.
  • Additionally, there is G2A Loot, a place where people can buy cases with crypto and open them to get various rewards.
  • For example, CEX.IO mobile app features the Instant Sell service, allowing you to sell bitcoin or any other crypto and withdraw fiat funds to your payment card instantly.
  • Experience the freedom of paying bills without traditional payment rails.
  • Connect to Plisio and start accepting Litecoin in your store, ICO or other platform today.
  • However, Litecoin usually stays in the shadows despite its old roots, unique build, and use cases, and investors generally overlook its capability.

How to Connect Crypto Acquiring

Sheetz has a major network of convenience stores, and currently, you can pay with Litecoin at more than 600 locations. Sheetz also has gift cards, and you can buy them with Litecoin if you want to have a more convenient means of shopping at Sheetz. EGifter is a popular platform where you can purchase gift cards and have them delivered via email or text. Gift cards are a great way to avoid spending fiat money on products of the most mainstream merchants. For instance, on eGifter’s website, you can purchase a gift card from Starbucks and redeem it at your local shop without using any fiat.

Why should businesses accept Monero payments?

Now you know why miners, investors, and users are going crazy about Litecoin’s growth, right? Receive one time or monthly crypto donations in Litecoin with a customized donation link or embedded widget. Prebuilt Litecoin payment checkout page, optimized for maximum conversion. If you need more help or have questions about how to add our service to your work, our team is ready to help you.

how to accept litecoin payments

Comparative of Payment Features: Litecoin vs. Bitcoin vs. Ethereum vs. Tether

Litecoin is a widely accepted cryptocurrency and many businesses and merchants around the world accept it as a form of payment. Some of the notable companies that accept Litecoin include Overstock.com, Bitrefill, and BTC-e. There are also many Litecoin exchanges and trading platforms that allow you to buy, sell, and store Litecoin. In addition, Litecoin can be used to purchase goods and services online, as well as in brick-and-mortar stores that accept cryptocurrencies. Some popular exchanges that offer Litecoin include Binance, Coinbase, Kraken, Bitfinex, and others.

For example, CEX.IO is a regulated crypto exchange that is available in 99% of countries and provides numerous crypto services such as staking, savings, and loans. CEX.IO supports credit and debit cards for crypto purchases and offers users to pay for crypto using several fiat payment methods. Learn more about payment options supported on CEX.IO on our Limits and Commissions page. Litecoin can be purchased in multiple ways — centralized crypto exchanges (CEXs), decentralized crypto exchanges (DEXs), peer-to-peer (P2P) platforms, ATMs.

CryptoCloud will help you to increase website conversion rate and boost sales by connecting crypto processing. The provision of wallet details is suitable for relatively small companies. If there are few orders or each order is discussed directly via private messages, confirming the payment will be easy. You need a Litecoin address to accept donations, and a payment button.

how to accept litecoin payments

Users also receive up to 7 BTC in bonuses for creating their first 1xBit account. The company has apps for android and iOS, so you can bet and gamble with Litecoin on your mobile phone. Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their own finances. Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency.

This option helps to track transactions just like with an acquiring module, but there’s no need to invest in its development. Instead of using funds from your bank account, you can instantly convert Litecoin to cash with the BitPay Card. You can even use it at the ATM to turn Litecoin into cold hard cash. Businesses from +70 countries can use CoinGate services and accept LTC payments. Miners are currently awarded with 6.25 new litecoins per block, an amount which gets halved roughly every 4 years (every 840,000 blocks). The Litecoin network is therefore scheduled to produce 84 million litecoins, which is 4 times as many currency units as Bitcoin.

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