Where Kiwis build their digital asset portfolio

The professional, secure & easy way to buy Bitcoin, Ethereum & other value tokens

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Litecoin (LTC) is a decentralised value token developed by former Google engineer Charles Lee. Although built on the same model as Bitcoin, the inspiration to create Litecoin was to improve upon it.

These improvements came with the integration of SegWit and Lightning which effectively allow a greater number of peer to peer transactions to be processed by the network in a given time, reducing potential bottlenecks and giving it the ability to scale up, as demand to transact increases.

More specifically, Litecoin has a faster block time of just 2.5 mins compared to Bitcoin at ten mins, which ultimately means payment confirmations are about four times faster with Litecoin.

Compared to other value tokens Litecoin has a very low transaction fees, and with a cap of 84 million Litecoin available, it could have great growth potential.

To get started, you’ll need a Token Room account and a crypto wallet to securely store your currencies.

Litecoin can be securely stored on our range of Ledger hardware wallets or your choice of Software wallet. There’s some easy to follow set up guides here, however, if you need further assistance, we’re here to help.

You can find more information on wallets and cryptocurrencies via our FAQ.

Litecoin performance against the NZD

Purchase Crypto Currencies

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Please note: Crypto currencies have a minimum purchase amount.

Please login or register to purchase

Normal trading hours 10am-9pm Mon-Fri.

Other value tokens available at Token Room:
Bitcoin – Ethereum – Ripple – Zcash

Disclaimer

Crypto currencies, including value tokens, are a new and largely unregulated asset class. This asset class and the crypto currencies are subject to large fluctuations in value. You need to be sure that you understand the risks and are comfortable with them. These risks include but are not limited to your financial situation and risk tolerance. Token Room encourages you to do your own research and speak to a Financial Advisor, or other registered professional if you are unsure if investing in crypto assets is right for you. Although we are a Registered Financial Services Provider, the content of the Token Room website is not intended to be taken as investment advice. Our banking providers do not transfer crypto currencies or provide any services connected with crypto currency trading. Token Room accepts no responsibility for any losses incurred by the purchase or sale of value tokens and crypto currency.

 

Important notice

New registrations are welcome, however purchasing via Token Room is temporarily disabled.

The Token Room team would like to thank all our current and future customers for your support whilst we work through our current banking challenges.

If you missed the news “Despite full disclosure with our bank from the outset and attempts to work with them to review and adapt our policies and procedures, they have declined to engage or review any of our policies and sadly we have been unable to resolve this matter at this time.”

Token Room is, and will continue to be committed to meeting and exceeding all of our current legislative requirements. We have extensive AML policies, procedures and Customer Due Diligence procedures in place. At times our vigilance in this area has frustrated some of you however, this was always performed to ensure that we were compliant and could continue enabling Kiwis to build their Digital Asset Portfolios

If you are not yet registered with Token Room, simply click the ‘I understand’ button below and begin the registration process.

Registered customers will be notified via email when this matter is resolved.

Stay tuned by following us on Facebook: https://www.facebook.com/tokenroom.co.nz/

Or following us on Twitter:

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With thanks from Paul and the Token Room team

 

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