What is Litecoin: Everything You Need to Know

What is Litecoin: Everything You Need to Know

What is litecoin? How does Litecoin work exactly? Why should you buy Litecoins? Read this article and discover everything you need to know!

 As more and more people are getting into the world of Bitcoin and other cryptocurrencies, they are all looking for different opportunities to invest their money and make a profit. Currently, Litecoin is very popular. So, what is Litecoin exactly and how does this cryptocurrency work?

Litecoin is a decentralized cryptocurrency, such as Bitcoin and it uses the same methods to create funds, transfer money, and confirm transactions. It is similar the Bitcoin, and its only difference is that it has a larger amount of coins that can be created and used and it has better and faster transaction rates. If it is easier for you, you can consider Litecoin as the silver in the cryptocurrency world and Bitcoin as the Gold. Another fact is that Litecoin has one of the largest and highest market capitalizations of any coin. Also, this cryptocurrency has longevity. These facts make Litecoin a great investment option.


How to Invest in Litecoin?

According to experts, Litecoin is going to be very popular and powerful digital currency. Even though it is too early to speculate numbers, we will say that investing in Litecoin is smart at this point of view. So, if you intend to purchase Litecoins now, don’t hesitate and make the move.

Another great thing about Litecoin is that it is really easy to buy. You probably have heard about Coinbase the most popular currency exchange service for beginners and novice investors. This service allows you to purchase Litecoin. All you need to do is visit their official website and create your own account. Set up a username and password and you are ready to plug in your personal and banking information. Coinbase allows you to purchase Litecoin in 3 different ways: you can use your credit card, you can use a bank account or you can use your PayPal card. This is great as it gives you a complete freedom and safety when it comes to buying the currency.

There is no doubt that we have entered the age of online shopping and digital currency. The cryptocurrencies dominate the market, and Litecoin is not an exception. It has skyrocketed alongside other currencies. If you want to invest, you know what to do! We wish you the best of luck!




How to Buy Bitcoins Canada with PayPal: 3 Fast & Proven Ways to Use

How to Buy Bitcoins Canada with PayPal: 3 Fast & Proven Ways to Use

Take a look at the best, fastest, and proven ways to buy Bitcoins Canada and other cryptocurrencies online using PayPal!

 The truth is that Bitcoin network and PayPal don’t really work well together which means that it can be a little bit tricky to buy Bitcoins Canada or other cryptocurrencies online with PayPal. Luckily, we have a solution for you. We will provide you with all the information you need to buy Bitcoins with your PayPal credit card.

Why is it so complicated to buy Bitcoins with a PayPal?

A lot of people ask the same question and there is no specific answer for it. The fact is that Bitcoin transactions are permanent and PayPal supports chargebacks and this makes it easy and simple for someone to purchase Bitcoins with PayPal, complain that they have never received the product and they immediately ask for a chargeback. But, unlike physical products, it would be certainly impossible to work out regardless of whether or not the requests for Bitcoins are legitimate.

How to buy Bitcoins Canada with your PayPal?

There are a few services that support PayPal to Bitcoin transaction. The great thing is that you can easily and quickly make a payment with PayPal, while the downside of this process is that your options are actually limited and you will often have to take additional steps which can be complicated and inconvenient and they might mean less value for money when compared to other payment methods.

We will present you the 3 best, fastest, and proven ways to buy Bitcoins Canada with your PayPal. These are top 3 well-known options and they are arranged from the least to the most complicated:

  1. LocalBitcoins – By using this service you can easily buy Bitcoins with your PayPal card. There are no special limits or regulations other than those set by the seller. You can get in touch with them and discover more information.
  2. xCoins – You can use your PayPal account to buy up to $1000 in Bitcoin per transaction.
  3. VirWox – This is probably the best option for you to use. You can use PayPal to purchase up to $1000 in Bitcoin per day and up to $10.000 per month.

Don’t hesitate to get in touch with these services and discover more info on how to create an account, deposit money in the account, and withdraw your Bitcoins.