How to Purchase Litecoin (LTC) using Australian Dollar (AUD)

To buy Litecoin using Australian Dollar, first, find a cryptocurrency exchange that supports the LTC/AUD trading pair, such as YouHodler, Kraken or Wirex. Create an account, verify your identity, and deposit your AUD into your exchange wallet. Locate the LTC/AUD pair on the trading platform and place an order to exchange your Australian Dollar for Litecoin. If the LTC/AUD pair is unavailable, you can first exchange Australian Dollar for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Litecoin. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction. In Germany, it’s also important to consider the tax implications of your trades, as capital gains tax may apply to your profits from cryptocurrency transactions.