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Litecoin (LTC) exchanges in Iceland: buy, sell & swap

Litecoin (LTC) key market data:

  • type: Cryptocurrency
  • consensus: PoW
  • market cap: $12,785,534,296
  • market rank: #16
  • supply total: 84,000,000
  • supply available: 68,772,608
  • mineable
  • LTC/USD: $185.91 | LTC/ISK: 23913.6

Litecoin is a Cryptocurrency, the network powered by PoW (consensus mechanism based on mining) algorithm. The original software was developed by Charlie Lee from US and first released July 10th, 2011. Nowadays the cryptocurrency is managed by the Litecoin Foundation, an organization based in the SG. The official Litecoin website is https://litecoin.org.

As of today, October 18th, 2021, out of totally available 84,000,000 LTC, 68,772,608 are in circulation. It's possible to mine litecoins. The total market capitalization of litecoin is $12,785,534,296, the rank among other cryptocurrencies (based on the capitalization) is #16. The current rate of 1 LTC is $185.91 USD; converting to the national currency of Iceland, the rate is 23913.6 ISK for 1 LTC.

Litecoin is a first alternative (to Bitcoin) peer-to-peer cryptocurrency, a "fork" of the Bitcoin (software, based on the original bitcoin source code with some modifications), created as a "more perfect alternative" to BTC. The main differences in software architecture were the decreased block generation time (2.5 minutes vs 10) and different hashing algorithm (scrypt instead of SHA-256). The network produces new blocks more often than Bitcoin, making transaction confirmation time significantly faster, hence the "Lite" in the name.

The software creator is a former employee of Google and ex-Director of Engineering at Coinbase, an active member of the Cryptocurrency community. Litecoin is playing an important role in Bitcoin and the whole cryptocurrency industry infrastructure, for example, the Lightning Network (a "Layer 2" payment protocol operating on top of the Bitcoin or another blockchain-based cryptocurrency) support, etc.

  • Litecoins are often called “silver coins” (although there is also a "Chickun" ) on the analogy of “golden” Bitcoin, litecoin's "big brother".
  • During the 2017 "bull run", Litecoin showed even bigger price growth, than the Bitcoin itself.

Top Litecoin exchanges

Litecoin is currently supported by 76% of exchanges (16 of 21) currently having active orders at ExchangeRates.Pro: 4 Exchange Brokers, 8 Trading Platforms, 3 eWallets, and 1 P2P Marketplaces have offers, allowing you to buy and sell LTC. Let's check and compare which of these exchanges will suit you the best, dear visitor!

Our choice: the best exchange for Litecoin in Iceland

There are some worthy and undoubtedly good, trusted exchanges among the ones with LTC support. One of them, Binance trading platform, is really special! Our visitors and the ranking algorithms came to this conclusion while comparing and reviewing the websites and apps exchanging Litecoin. The service is extraordinarily fine, very few of the rest 328 exchanges and 15 trading platform sites we compare could receive such kind words in the testimonials and so impressive numbers in the results. It's so good that we feel obliged to share our experience with you, dear guest! Let's mention the key fact and describe the most important features making Binance an ideal trading platform for buying, selling and exchanging LTC in Iceland:

Binance website: the home page in English

BINANCE is a Trading Platform; Binance Europe Services (dba Binance) had started the project back in April 2017. The company is incorporated in the Malta and headquartered in Ta’Xbiex. The official street address of Binance is Melita Court, Level 3, Triq Giuseppe Cali, Ta’Xbiex. This is a highly trusted, undoubtedly a reputable, a long-standing, settled service. Trading Platform works with 47 cryptocurrencies and tokens: AAVE, ADA, BCHABC, BNB, BTC, BTG, BTT, BUSD, DAI, DASH, DOGE, DOT, EOS, ETC, ETH, FIL, ICP, ICX, KMD, KSM, LINK, LSK, LTC, MATIC, MIOTA, NEO, OMG, REP, SKL, SOL, SUSHI, THETA, TRX, TUSD, UNI, USDC, USDT, VET, WAVES, WBTC, XEM, XLM, XMR, XRP, XVG, ZEC, ZRX.

The customers are welcome to buy and sell coins and tokens with 45 national aka fiat currencies: AED, AUD, AZN, BGN, BRL, CAD, CHF, CLP, COP, CZK, DKK, EUR, GBP, GHS, HKD, HRK, HUF, IDR, ILS, ISK, JPY, KES, KRW, KZT, MXN, NGN, NOK, NZD, PEN, PHP, PLN, RON, RUB, SAR, SEK, SGD, THB, TRY, TWD, UAH, UGX, USD, UYU, VND, ZAR. Totally 9 payment systems and banks are at your's disposal. Besides, we can swap the cryptos and tokens, converting one into another. Apart from the currencies conversion operations, binance.com is offering some other services, that could be interesting for crypto-users, like Mobile wallet, ATM Cards, Cash codes, Lending, Margin Trading, Futures Trading, Staking, MasterNodes, etc. (passive income opportunity), P2P Marketplace, NFT Marketplace. Impressive, right? The features that our users enjoy the most out of this wonderful platform:

  • It is an officially registered Money Service Business. The firm applied for and received all the required licenses, it's watched over by the regulators and is fully compliant with the laws
  • The website has being online and operational for years; it started up 4 years and 5 months ago
  • The platform allows deposits/withdrawals in 47 cryptocurrencies and 45 national ones. In total, you may choose from 9 online banks and payment systems. Crypto- and tokens- exchanging aside, some other services are rendered: Mobile wallet, ATM Cards, Cash codes, Lending, Margin Trading, Futures Trading, Staking, MasterNodes, etc. (passive income opportunity), P2P Marketplace and NFT Marketplace
  • The commissions are very competitive: 0.1% — 4.0% determined by the method of sending/receiving the funds; and you won't break the bank, converting either lump sums or insignificant amounts
  • The limitations Binance sets for buy and sell operations are high indeed, one of the highest available on the market: $15.00 up to $15,000 USD. The exact figure is a subject to the payment system choice; how do you like to pay or getting paid
  • The feedback from the clientele is good, 100%, 18 out of 18 are very happy and pleased with their experience at Binance. As per the details we got from the real clients:
    • Customer care is exemplary, the best
    • The speed of the payments processing is lightning fast, instant
    • The KYC process is always super-fast

Binance currently provides 4 ways of purchase and sale Litecoins in Iceland with the national currencies and the most exciting news are that the payments in Icelandic Krónas are possible:

  • Visa & Mastercard, a payment system of credit/debit cards type.
  • Advanced Cash, a way to pay locally or internationally.
  • Etana, a way to pay locally or internationally.
  • SEPA Transfer, a payment system of international bank transfers type. Currently can use only while selling.

Sweet! Buying and selling with fiat aside, there are 46 cryptocoins and tokens exchangeable with LTC: AAVE, ADA, BCHABC, BNB, BTC, BTG, BUSD, DAI, DASH, DOGE, DOT, EOS, ETC, ETH, FIL, ICP, ICX, KMD, KSM, LINK, LSK, LTC, MATIC, MIOTA, NEO, OMG, REP, SKL, SOL, SUSHI, THETA, TRX, TUSD, UNI, USDC, USDT, VET, WAVES, WBTC, XEM, XLM, XMR, XRP, XVG, ZEC, ZRX can be converted to Litecoin and vice versa any time you please.

Time to make a conclusion. Our platform of choice to exchange Litecoin is

Binance, an absolutely secure, highly trusted trading platform, rated 100/100. Such scoring result is a great achievement indeed, only a few competing websites could get such a big rating! Let's break down why the binance.com exchange managed to get such rating and what does this mean:
Time in the business: 4 years 5 months
Feedback count: 18
Reviews: 17 positive, 0 negative, 1 neutral
Business model: licensed, fully compliant
Order Speed: instant
Support Quality: perfect
Verification Speed: fast (less than 5 mins)
UI Usability: unknown

Overall Binance score: 100 / 100

Top LTC exchanges to buy/sell in Iceland

Iceland flag

Although all the exchanges supported by ExchangeRates.Pro are well-known, reliable, and trustworthy (all were thoroughly checked by our staff before listing), we've selected the best of the best for you. Exchanges that were top-rated by various sources, some are providing really outstanding service you'd love and remember. We (staff and the software) selected some of the most trusted platforms for our comparison and this top list, based on customers' feedback, time in the business, reputation, our own and independent reviews and other factors. Please note that we include only the "buy and sell" exchanges here, where you can swap ltc with fiat (national) currencies. Here are the top exchanges to buy and sell litecoins in Iceland:

  1. Binance a Trading Platform established April, 2017. Transparent and legally compliant business with all the required business licenses and permissions. Great news! Binance supports your local currency Icelandic Króna; feel free to use any of these 4 banks and payment systems to buy and sell Litecoin domestically:
    • Visa & Mastercard (credit/debit cards). Can use for the purchasing and withdrawals likewise.
    • Advanced Cash. Can use for the purchasing and withdrawals likewise.
    • Etana. Can use for the purchasing and withdrawals likewise.
    • SEPA Transfer (international bank transfers). Though just withdrawals are currently possible.
    Amazing opportunity! | 18 reviews, 100% positive check out LTC/ISK @ Binance!

The rest of safe, fast, easy to use LTC exchanges worldwide

exchanges worldwide

Besides the abovelisted great exchanges, serving Iceland and allowing domestic payments in Icelandic Króna among other countries and currencies, there are also very good international ones among the websites exchanging litecoins. Hence if you need ISK|LTC exchange, please use the top list above. In case you are looking for other ways to purchase or cash-out Litecoin using USD, etc. or swap it with various coins and tokens, feel free to check this selection of top ten highest-ranked LTC exchanges from all around the world:

  1. Coinbase an e-wallet started business June, 2012. A reputable company holding all the government permissions for doing business; is licensed, etc. There are 3 payment systems to buy and sell Litecoin with EUR. KYC (identification process) is necessary to become a client of this service provider. | 25 testimonials, 96% gave maximal rank
  2. Kraken a Trading Platform started business July, 2011. A reputable company holding all the government permissions for doing business; is licensed, etc. There are 4 payment systems to buy and sell Litecoin with EUR, USD. Apart from that, feel free to swap LTC to/from 31+ coins and tokens. KYC (identification process) is necessary to become a client of this service provider. | 3 testimonials, 100% gave maximal rank
  3. Wirex an e-wallet started business November, 2014. A reputable company holding all the government permissions for doing business; is licensed, etc. There are 3 payment systems to buy and sell Litecoin with EUR, USD. Apart from that, feel free to swap LTC to/from 19+ coins and tokens. KYC (identification process) is necessary to become a client of this service provider. | 18 testimonials, 94% gave maximal rank
  4. EXMO a Trading Platform started business May, 2013. A reputable company holding all the government permissions for doing business; is licensed, etc. There are 5 payment systems to buy and sell Litecoin with EUR, USD. Apart from that, feel free to swap LTC to/from 25+ coins and tokens. | 20 testimonials, 95% gave maximal rank
  5. Kuna a Trading Platform started business January, 2016. There are 3 payment systems to buy and sell Litecoin with USD. Apart from that, feel free to swap LTC to/from 3+ coins and tokens. | 4 testimonials, 100% gave maximal rank
  6. Changelly a Broker started business December, 2013. There are 1 payment systems to buy and sell Litecoin with EUR, USD. Apart from that, feel free to swap LTC to/from 40+ coins and tokens. | 17 testimonials, 94% gave maximal rank
  7. BitMyMoney an e-wallet started business May, 2013. A reputable company holding all the government permissions for doing business; is licensed, etc. There are 1 payment systems to buy and sell Litecoin with EUR. | 2 testimonials, 100% gave maximal rank
  8. changeNOW a Broker started business September, 2017. Unfortunately no fiat payments for your currencies this time, but feel free to swap LTC to/from 34+ coins and tokens.
  9. LocalBitcoins a P2P Marketplace started business June, 2013. A reputable company holding all the government permissions for doing business; is licensed, etc.
  10. BitBay a Trading Platform started business March, 2014. A reputable company holding all the government permissions for doing business; is licensed, etc. There are 2 payment systems to buy and sell Litecoin with EUR, USD. Apart from that, feel free to swap LTC to/from 22+ coins and tokens. KYC (identification process) is necessary to become a client of this service provider.

By the way, exchanges that accept IS, but don't allow fiat payments there are also in this list. So, if you want to pay using a payment method from abroad (say, you are originally from another country and want to buy or sell litecoin using the bank account or local payment system from there) or if you are looking for an exchange for someone else, this list will work great for you! Of course, we can't know what is that country you are looking for, but we have two options for you, both good. You are welcome to either

  • find the best ones yourself from all offers available at our comparison @ ExchangeRates.Pro.
  • ...or just explore the great websites listed above to find out which one you prefer!

Where to buy LTC

Are you looking for the best place to buy litecoins? Of course, you are! Our price comparison of exchanges is here to help, although the easiest way is to check the best offers right away @ ExchangeRates.Pro, feel free to compare yourself. Let us show you what banks and payment systems you can use to buy and sell LTC, based on your location and preferences.

Easiest, safest, fastest ways to buy ltc worldwide

We've compared a lot of offers to find the top ones; right now we have 32 ways for you to purchase litecoin available worldwide. Enough to choose from, right? Please keep in mind that not all of these may be possible to pay with Icelandic Króna, the ones that will surely be good for the domestic currency are a little bit above. The top popular ways to purchase LTC crypto:

  • Visa & Mastercard in EUR Actually it's a multi-currency option, you are supposed to pay by the Credit/Debit Cards. This way to send fiat money will work worldwide. Iceland, etc. are covered. Suggested in 7 offers
  • Visa & Mastercard in USD Actually it's a multi-currency option, you are supposed to pay by the Credit/Debit Cards. This way to send fiat money will work worldwide. Iceland, etc. are covered. Suggested in 4 offers
  • SEPA Transfer in EUR from 46 countries: you are supposed to pay by the International Bank Transfers. A multi-country payment system. Suggested in 6 offers
  • SWIFT Transfer in USD Actually it's a multi-currency option, you are supposed to pay by the International Bank Transfers. This way to send fiat money will work worldwide. Iceland, etc. are covered. Suggested in 4 offers
  • SWIFT Transfer in EUR Actually it's a multi-currency option, you are supposed to pay by the International Bank Transfers. This way to send fiat money will work worldwide. Iceland, etc. are covered. Suggested in 4 offers
  • Etana in EUR from 217 countries: an international payment system. A multi-country payment system. Suggested in 1 offers
  • Payeer in USD an international payment system. This way to send fiat money will work worldwide. Iceland, etc. are covered. Suggested in 1 offers
  • Etana in USD from 217 countries: an international payment system. A multi-country payment system. Suggested in 1 offers
  • Advanced Cash in USD an international payment system. This way to send fiat money will work worldwide. Iceland, etc. are covered. Suggested in 1 offers
  • Advanced Cash in EUR an international payment system. This way to send fiat money will work worldwide. Iceland, etc. are covered. Suggested in 1 offers

Where to sell LTC

Even the greatest LTC HODL GANG members sometimes have to sell some of their precious coins. It's alright, everyone does it sometimes and we are here to help! We know you want to find the buyer which will give you the highest price, there are such ones at our platform — check ExchangeRates.Pro now to find the highest rate to sell litecoins to Icelandic Króna and 152 more local currencies! There are various opportunities to swap your coins to hard cash, we list the most requested ones below.

Easiest, safest, fastest ways to sell LTC worldwide

Sometimes you may need to transfer the money to another country. If you are holding LTC, it makes sense to exchange some of these coins to the currency of that country. We can't know where exactly you would like to send the funds, so we will show you the most requested banks and payment systems worldwide you can send the transfer to. There are totally 26 options to out-exchange the ltc to fiat; the most frequently used banks, money transfer operators and global payment systems are:

  • Visa & Mastercard in EUR, can be also used with any of other currencies; to any country in the world including Iceland, etc: the funds will be sent by the Credit/Debit Cards. You can transfer money wherever you need! Caution: there are higher risks related to accepting such payments at P2P marketplaces! Buyer may be able to reverse the payment after you send LTC! Suggested in 3 deals
  • Visa & Mastercard in USD, can be also used with any of other currencies; to any country in the world including Iceland, etc: the funds will be sent by the Credit/Debit Cards. You can transfer money wherever you need! Caution: there are higher risks related to accepting such payments at P2P marketplaces! Buyer may be able to reverse the payment after you send LTC! Suggested in 1 deals
  • Paypal in EUR, can be also used with any of other currencies; to 232 countries: the funds will be sent by the e-wallet. Caution: there are higher risks related to accepting such payments at P2P marketplaces! Buyer may be able to reverse the payment after you send LTC! Suggested in 1 deals
  • SEPA Transfer in EUR to 46 countries: the funds will be sent by the International Bank Transfers. Suggested in 7 deals
  • SWIFT Transfer in USD, can be also used with any of other currencies; to any country in the world including Iceland, etc: the funds will be sent by the International Bank Transfers. You can transfer money wherever you need! Suggested in 4 deals
  • SWIFT Transfer in EUR, can be also used with any of other currencies; to any country in the world including Iceland, etc: the funds will be sent by the International Bank Transfers. You can transfer money wherever you need! Suggested in 3 deals
  • Advanced Cash in EUR to any country in the world including Iceland, etc: a global payment method. You can transfer money wherever you need! Suggested in 2 deals
  • Etana in USD to 217 countries: a global payment method. Suggested in 1 deals
  • Advanced Cash in USD to any country in the world including Iceland, etc: a global payment method. You can transfer money wherever you need! Suggested in 1 deals
  • ePayments in USD to any country in the world including Iceland, etc: a global payment method. You can transfer money wherever you need! Suggested in 1 deals

Where to swap LTC

Did you know that it's possible to exchange LTC to 45 other cryptocurrencies? It's possible to convert Litecoin to/from 92% of crypto coins supported @ ExchangeRates.Pro. Some of these are really great ones (we don't list useless coins and tokens at our website), that's why we've prepared a list of exchange opportunities available. There are totally 300 swap possibilities with LTC and other coins and tokens. Coin to coin exchanges are safe, easy and beneficial when you are using our service, don't worry! Feel free to get all the best rates to swap LTC with other cryptos @ ExchangeRates.Pro right away or refer to the list of most highly demanded exchange directions first:

  • Bitcoin (BTC): that's a popular Cryptocurrency. There are 49 proposals (27 allow to convert from BTC to LTC and 22 that are converting in opposite direction.
  • Ether (ETH): that's a popular Cryptocurrency. There are 16 proposals (8 allow to convert from ETH to LTC and 8 that are converting in opposite direction.
  • Tether (USDT): that's a popular Stablecoin. There are 14 proposals (7 allow to convert from LTC to USDT and 7 that are converting in opposite direction.
  • Dogecoin (DOGE): that's a popular Cryptocurrency. There are 8 proposals (4 allow to convert from DOGE to LTC and 4 that are converting in opposite direction.
  • Binance Coin (BNB): that's a popular Cryptocurrency. There are 8 proposals (4 allow to convert from BNB to LTC and 4 that are converting in opposite direction.
  • USD Coin (USDC): that's a popular Stablecoin. There are 8 proposals (4 allow to convert from LTC to USDC and 4 that are converting in opposite direction.
  • Chainlink (LINK): that's a popular Token. There are 8 proposals (4 allow to convert from LINK to LTC and 4 that are converting in opposite direction.
  • Cardano (ADA): that's a popular Cryptocurrency. There are 8 proposals (4 allow to convert from ADA to LTC and 4 that are converting in opposite direction.
  • 0x (ZRX): that's a popular Token. There are 8 proposals (4 allow to convert from LTC to ZRX and 4 that are converting in opposite direction.
  • Polkadot (DOT): that's a popular Cryptocurrency. There are 8 proposals (4 allow to convert from DOT to LTC and 4 that are converting in opposite direction.

Similar cryptocurrencies, that can overcome Litecoin:

Bitcoin Cash (BCH)

  • rank: #19
  • type: Cryptocurrency

Ether Classic (ETC)

  • rank: #30
  • type: Cryptocurrency

Monero (XMR)

  • rank: #40
  • type: Cryptocurrency

Bitcoin SV (BSV)

  • rank: #55
  • type: Cryptocurrency

Dash (DASH)

  • rank: #74
  • type: Cryptocurrency