How to Buy Litecoin (LTC) Without KYC and Fees Using Coin Wallet

For many cryptocurrency users, privacy and low transaction costs are not just desirable but essential. Litecoin (LTC), as one of the most established and widely used altcoins, offers fast confirmations and low network fees, making it a practical asset for those who value efficiency. The challenge, however, often lies not in using LTC but in acquiring it. Most centralized exchanges require full KYC verification, including identity documents and sometimes proof of address or income, which compromises anonymity and adds unnecessary friction.

In this article, we will explain in detail how to buy Litecoin anonymously — without undergoing KYC verification and without paying excessive fees — using Coin Wallet.

Key Takeaways

• Coin Wallet allows users to buy Litecoin privately, without creating an account or submitting identity documents, thanks to its integration with different providers such as Guardarian, MoonPay, BTC Direct, Onramper, Paybis, and others.

• Up to €700 per day and €15,000 per month can be purchased without verification, making it one of the most accessible anonymous LTC on-ramps available today.

• Fees remain transparent and relatively low, with no wallet-level charges and only provider and blockchain network fees applied.

Coin Wallet’s Capabilities for Buying LTC

One of its key advantages is the absence of any form of registration: when you install the app, you immediately create a new wallet, generate a recovery phrase, and set a PIN. All private keys are stored locally on your device, encrypted, and never transmitted to Coin Wallet’s servers. This ensures that no KYC is required and no personal data is collected.

Within the application, you can purchase cryptocurrency through the integrated “Buy” feature. Coin Wallet aggregates several reputable fiat-to-crypto providers, including Guardarian, MoonPay, BTC Direct, Onramper, Paybis, and others. Litecoin is fully supported, which means you can buy LTC directly with fiat without first having to purchase another asset.

The wallet offers numerous payment methods depending on your region, such as Visa and MasterCard cards, Apple Pay, Google Pay, various local payment services, and bank transfers such as SEPA or SWIFT. Minimum purchase amounts typically start at around $30 (or the equivalent in your currency), while the maximum per transaction can reach approximately $12,000.

A significant advantage of Coin Wallet is the absence of additional wallet fees: the wallet itself charges no extra commission for buying or storing crypto. You pay only the provider’s fees and the standard blockchain network fees. This makes the process transparent and helps keep overall costs low.

Purchasing Without KYC: Limits and How Guardarian Works

One of the most appealing aspects of buying Litecoin through Coin Wallet is the ability to do so without passing KYC verification. Guardarian, one of the wallet’s integrated providers, allows users to purchase cryptocurrency within specific limits without submitting identity documents.

The limits for no-KYC purchases are generous: you can buy up to €700 per day and up to €15,000 per month without undergoing identity verification. This is more than adequate for most individuals who wish to acquire LTC for personal use, savings, or transfers. If you exceed these limits, Guardarian will request standard KYC documents, but within them, no verification is needed.

During a no-KYC purchase, the requirements are minimal. The provider will ask only for basic information needed for billing purposes, such as an email address and a billing address associated with your payment method; it will not require identity documents, photos, or any form of personal verification. You will simply enter your payment details, and the transaction will proceed.

Fees: What Can Be Avoided and What Cannot

It is important to understand the fee structure before purchasing LTC. While Coin Wallet itself does not impose any platform fees for buying cryptocurrency, there are two unavoidable kinds of fees involved: provider fees and blockchain network fees.

Provider fees vary depending on your chosen payment method, region, and currency. Guardarian’s fees typically range between 1.5% and 5%. Bank transfers within the EU tend to have the lowest fees, while card payments made outside the EU fall closer to the higher end of the range. Sometimes temporary promotions may reduce fees for particular regions or payment methods, which can be advantageous for users who monitor such offers.

Blockchain network fees are inherent to all cryptocurrency transfers. Litecoin’s network fees are extremely low — often only a few cents — and ensure that your transaction is confirmed by the network miners. These fees are not charged by Coin Wallet or by the provider; they are simply part of the blockchain’s operation.

Completely avoiding fees is therefore impossible, but you can minimize them by selecting the most cost-efficient payment methods (for example, SEPA transfers when available) or purchasing other cryptocurrencies elsewhere at low cost and swapping them for LTC inside Coin Wallet. Since the wallet does not charge additional fees for receiving crypto or performing swaps beyond the provider cost, this can be an economical alternative in certain scenarios.

Step-by-Step Guide: Buying LTC Without KYC

1. Install Coin Wallet and create your wallet

Download Coin Wallet and select “Create a new wallet.” Write down your 12-word recovery phrase, confirm it, and set a secure PIN. You can enable biometric login and 2FA for additional security.

Get the Coin Wallet app here.

2. Open the Litecoin section in the wallet

Add Litecoin (LTC) to your asset list if it’s not already visible. Tap on LTC to open its dashboard, and then the “Buy” button.

3. Select your country — this determines which providers are available

Choose Guardarian to access the no-KYC option, or another provider.

4. Enter the purchase amount

Input how much LTC or fiat you want to spend. If you exceed €700, the system will warn you about KYC requirements. You’ll see the exact amount of LTC you’ll receive after all fees.

5. Choose your payment method

You can use Visa/MasterCard, Apple Pay/Google Pay, Revolut Pay, Bank transfers (SEPA), local methods (depending on region).

Keep in mind that cards are fastest; bank transfers have the lowest fees.

6. Enter payment details

Only basic billing data is required, such as billing address, name on the card, and card information — no additional documents or uploads.

7. Confirm the transaction

After completing 3D Secure authentication with your bank, the payment will be processed. LTC usually arrives within minutes if paying by card, and bank transfers take 1–3 business days.

Security Tips and Alternative Scenarios

Although purchasing LTC through Coin Wallet without KYC is both convenient and private, it is still essential to maintain good security practices. Your recovery phrase is the most critical piece of information; it must never be shared with anyone or stored digitally in locations that could be compromised. It is advisable to write it down and keep it in a secure offline location.

Coin Wallet includes built-in security features that you should take advantage of. Setting a PIN and enabling biometric authentication protects the app from unauthorized access. Enabling two-factor authentication provides an additional layer of security when performing sensitive actions. For users who place a high priority on network anonymity, Coin Wallet also offers a Tor-compatible web version, which helps obscure your IP address and location. Using a reliable VPN can further enhance privacy.

It is also important to protect the security of the device on which the wallet is installed. Keep your operating system updated, avoid downloading suspicious applications, and use antivirus software when appropriate. If your device is lost or compromised, you can restore your wallet using the recovery phrase on another device and move your funds to a new address.

Alternative ways of acquiring LTC anonymously also exist. For example, you can buy another cryptocurrency outside Coin Wallet (such as BTC or USDT) through a P2P marketplace or in cash, then transfer it into Coin Wallet and use the built-in swap function to convert it to LTC. This method requires more steps but can sometimes reduce overall fees or allow even greater anonymity, depending on your location and payment method.

Users seeking maximum privacy can also convert LTC into Monero (XMR) via Coin Wallet’s swap function if needed. While acquiring XMR directly is increasingly restricted due to regulatory pressure, exchanging LTC or BTC for XMR inside the wallet remains a viable option for those who rely on privacy-focused cryptocurrencies.