Accept Litecoin Payments
Let your customers pay with LTC. Get Euro payouts or convert to Bitcoin.
Litecoin (LTC), is a cryptocurrency that at first glance, is very similar to Bitcoin. While the function is the same, i.e., making secure transactions, there are other differences. Coindesk wrote an excellent article comparing Bitcoin vs. litecoin.
Behind Litecoin there are two different groups which push the project forward. The first one is the Litecoin Foundation, which is a non-profit organization from Singapore with a goal to promote blockchain technology and advance Litecoin for the good of society.
The second one is the Litecoin Core Development Team, i.e., the people behind the Core software used by miners, users, companies. They make sure that everything is secure, encrypted, and that new features are being developed.
Official Website: https://litecoin.com
How to accept Litecoin payments on your website?
CoinGate makes it easy to receive customer payments in most popular cryptocurrencies, including Litecoin. To make it simple for merchants, all received payments are automatically settled to EUR/USD or to BTC, depending on your preference.
To integrate our payment gateway on your website, choose either:
- One of CoinGate ready-made integrations for e-commerce content management systems or web billing platforms (like WooCommerce, Magento, PrestaShop, OpenCart, WHMCS and similar)
- Developer API that can be configured for any website and different codebases (e.g. Ruby, PHP, Omnipay, Python, NodeJS...)
- Payment buttons for accepting donations or simple payments (for example, if you only sell one or several products)
To get started with accepting Litecoin as well as Bitcoin, Litecoin and other coins, first, sign up with CoinGate. Then, create API credentials if you are planning to use our e-commerce plugins or the API; if not, go ahead and create your first payment button.
If you wish to keep all your received payments in cryptocurrency (i.e. to receive payouts in Bitcoin), then no verification is usually needed to use CoinGate. For Euro or U.S. Dollar settlements, you will have to pass our simple merchant verification procedure by uploading your business documents and director's ID.
How it Works - Accept Litecoin Payments on Any Store
Payouts in Euros, U.S. Dollars or Bitcoin
You are selling a product or service in your store and set the price in a currency of your choice (for example 10€).
We calculate how much bitcoins it is worth, in real-time, by selecting the best price from several Bitcoin exchanges.
Your Customer pays with bitcoins and Altcoins.
You receive 9.90€ (10€ - 1% processing fee).