Litecoin price AUD (LTC)

Litecoin price chart

The below Litecoin price chart tracks the price of Litecoin against AUD over time. The rate shown is indicative only as actual buy / sell rates depend on market liquidity and fees at the time of quotation.

Market cap

$16.9B

Volume 24hr

$1.2B

Supply

66.8M LTC

Max supply

84.0M LTC

What is Litecoin?

✓ Peer to peer transactions
✓ Near-zero transaction costs
✓ Open source network

Litecoin is an open source, global payment network that is fully decentralised without any central authorities.

Additionally LTC is a peer-to-peer digital currency that enables instant, near-zero cost payments to anyone across the globe.

Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currencies. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin.

Dubbed ‘the silver to Bitcoins gold’ — LTC does however have more coins in circulation, shorter verification period and a different hashing algorithm.


Litecoin was created in 2011 by the former Google engineer Charlie Lee, making it one of the oldest cryptocurrencies. Based on Bitcoin’s code, it also uses a proof of work consensus mechanism but is designed to be more efficient for everyday use.

As bitcoin’s blocks are full and everyone must compete to get their transactions included in a block, fees are much higher than on Litecoin where competition for block space is far lower. This is important for purchasing low-value items like a cup of coffee, where you need fees to be as low as possible.

As many investors consider bitcoin as digital gold, some consider Litecoin to be digital silver, including founder Charlie Lee who called it “digital silver” in an interview on CNBC. Much like silver compared to gold, it has a lower price in Australia (LTC/AUD) and the low fees make it more efficient for transactions. Moreover, Litecoin is also easier to mine than bitcoin, much like silver is easier to mine than gold in the real world.

Litecoin is considered easier to mine because you can use either a central processing unit (CPU), graphic processing unit (GPU) or application-specific integrated circuit (ASIC) miner. In contrast, bitcoin miners require ASICs. This is because Litecoin uses the Scrypt algorithm, rather than the SHA-256 algorithm. Ultimately, this decision has kept Litecoin mining more accessible to the average person.

Who will convert AUD to LTC to buy Litecoin? For traders, it can depend on Litecoin’s AUD price and their expectations for it to rise in the short-term. For investors, they are more likely to buy Litecoin based on the fundamentals of the project. Short-term Litecoin price predictions are more important for traders, while long-term Litecoin price predictions are more relevant for investors.

What is Litecoin’s price long-term history? While you can see the weekly, monthly and quarterly price history of Litecoin using the chart above, we’ll briefly discuss the long-term price history. Originally listing for around AU$4, the price shot up to over $30 during the 2013 bull run. In the next few years, it slowly declined to under AU$2 before slowly making its way back above $4. Then in April of 2017, it began rising rapidly and hit AU$90 in September. In the next few months, it then rocketed to over $400, before falling back to around AU$40 in the following 12 months. Then in 2019 it had another bull run and reached close to AU$200 before dropping to around AU$60. Then in the early 2021 bull run, it again reached over AU$400. While its price movements have been volatile, they have steadily grown to a higher base over time.

As Litecoin has been around since 2011, it uses older technology that has proven to be reliable and has stronger network effects than some newer coins.

How do I buy Litecoin?

  1. Deposit funds into your Cointree account using our fast and convenient options.
  2. Enter the amount of Litecoin that you would like to buy.
  3. Confirm your purchase and Litecoin will be instantly delivered to your Cointree account.

Don't have an account? Click here to get started

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Buy Litecoin

Use the price calculator below to enter the amount of AUD you want to buy in Litecoin. You can also switch to convert LTC to AUD.

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Why is Cointree the best place to buy Litecoin in Australia?

Easy and convenient
Easily deposit Australian dollars using a convenient method such as PayId/OSKO and then simply follow our step-by-step instructions to make your first purchase of Litecoin.
Fast and transparent
Buy Litecoin in Australia within minutes. Our low fees are backed up with transparent quotes, so you can buy more Litecoin with every dollar invested.
Safe and secure
Buy Litecoin with confidence knowing that you're using an AUSTRAC regulated Australian exchange that's been operating since 2013 and is protected with bank-level encryption.
Made for you
An intuitive platform built for our members, featuring 100’s of coins and thousands of trading pairs. Plus, tracking of your portfolio performance can be done with ease.
Easy and convenient
Easily deposit Australian dollars using a convenient method such as PayId/OSKO and then simply follow our step-by-step instructions to make your first purchase of Litecoin.
Fast and transparent
Buy Litecoin in Australia within minutes. Our low fees are backed up with transparent quotes, so you can buy more Litecoin with every dollar invested.
Safe and secure
Buy Litecoin with confidence knowing that you're using an AUSTRAC regulated Australian exchange that's been operating since 2013 and is protected with bank-level encryption.
Made for you
An intuitive platform built for our members, featuring 100’s of coins and thousands of trading pairs. Plus, tracking of your portfolio performance can be done with ease.

What can you do with your Litecoin?

Hold Litecoin
Many members buy and hold their Litecoin as a long-term investment. You can hold your Litecoin in your free multicoin wallet on Cointree or transfer it to a private wallet.
Trade Litecoin
You can instantly trade any portion of your Litecoin for any other digital currency within just a few clicks, and at the lowest rates in Australia.
Send Litecoin
When you buy Litecoin in Australia with Cointree, you can quickly and easily send your Litecoin to any other Litecoin wallet.
Spend Litecoin
You can spend Litecoin purchased in Australia when you’re online shopping or in physical stores. More and more Australian businesses are accepting Litecoin every day.
Learn About Litecoin
Cointree provides a comprehensive [learning hub](/learn/) to turn you from a beginner buying their first Litecoin, to an expert holding a diversified portfolio of cryptocurrencies.
Pay Bills With Litecoin
You can pay your Australian BPAY bills using Litecoin or any of your other digital currencies.
Hold Litecoin
Many members buy and hold their Litecoin as a long-term investment. You can hold your Litecoin in your free multicoin wallet on Cointree or transfer it to a private wallet.
Trade Litecoin
You can instantly trade any portion of your Litecoin for any other digital currency within just a few clicks, and at the lowest rates in Australia.
Send Litecoin
When you buy Litecoin in Australia with Cointree, you can quickly and easily send your Litecoin to any other Litecoin wallet.
Spend Litecoin
You can spend Litecoin purchased in Australia when you’re online shopping or in physical stores. More and more Australian businesses are accepting Litecoin every day.
Learn About Litecoin
Cointree provides a comprehensive [learning hub](/learn/) to turn you from a beginner buying their first Litecoin, to an expert holding a diversified portfolio of cryptocurrencies.
Pay Bills With Litecoin
You can pay your Australian BPAY bills using Litecoin or any of your other digital currencies.

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