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Litecoin Crypto Coin Rank 8
Website
66,498,092 LTC

Litecoin
Litecoin
LTC Coin Values LTC

Litecoin valuesUSD Price
$ 212.84

Litecoin BTC Price
0.00436010

Litecoin 24h Vol
$ 12,508,387,575

Litecoin Market Cap
$ 14,153,154,018

24h Vol
256,244 BTC
1 H
-1.7 %
24 H
5.22 %
7 d
26.85 %
Today Litecoin price in US dollars is currently 212.84 USD, and if converted to Bitcoin is 0.00436010 BTC. A total of 66,498,092 LTC are currently circulating in the Market. Litecoin price is currently experiencing a change of 5.22 %, and check here all cryptocurrency. Over the past 24 hours 125.084 M US dollars Litecoin have been traded on Crypto Exchanges. Get Litecoin's progress by adding it to your favourites and creating a free portfolio.
Full Name
Litecoin
Symbol
LTC
Algorithm
Scrypt
BTC Price
0.00436010 BTC
BTC Market
289,938 BTC
BTC 24h Vol
256,244 BTC
Total Coins Mined
66,498,092 LTC
1h
-1.7 %
24h
5.22 %
7d
26.85 %
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LTC High/Low Price Chart

Litecoin Price High/Low Price Chart

Historical Data

Litecoin Crypto Technology

Markets

Litecoin Crypto Market

Description

Litecoin Crypto ICO Description

A complete beginner’s guide to investment in Litecoin (LTC) in 2021

 

Litecoin can be termed as a peer-to-peer digital currency network and open-source project that bolsters the native technology behind Bitcoin. Litecoin was one of the foremost altcoins to make an entry into the market and is currently the fifth-largest digital currency in the world in market funding. Litecoinprovides multiple benefits for users over Bitcoin, generally including brisk processing speeds, lesser opportunities for hackers, and minimum transaction costs.

 

Where to Invest?

 

There are a number of brokers that offer access to the digital currency market. There are some factors that you must consider while selecting a broker. These are:

 

  • Coin access

 

There are innumerable cryptocurrencies that exist in the market, and no broker will enable you to purchase and sell all of them. It can be beneficial to make a list of digital currenciesapart fromLitecoin that you want to invest in so that you can be assured of the fact that a specific broker fits all your needs.

 

  • Trading platform

 

There are some crypto brokers that intend to provide an easy and streamlined ordering process, while there are some thatallure bigger investors with devised platforms and analysis tools. Your experience of trading will play a major role in deciding the best platform for you that suits your needs.

 

  • Fees and commissions

 

A majority of crypto brokers charge a certain fee or commission on every purchase and sale. You should do more research about the fee schedule of each broker before you sign up for an account, due to the fact that broker fees can decrease the amount of your profit to some extent if you are a regular trader.

Advantages of Litecoin Investments

As Litecoin is one of the foremost altcoins available in the market, it generally holds its value better than newer altcoins that havecomparatively lower market capitalizations. Let’s have a look at some of the benefits of the Litecoin network and technology.

 

  • Decreased transaction costsand faster speed

 

The technology of Litecoin providesmany improvements tothe infrastructure of Bitcoin, including decreased transaction costs. When you transact byLitecoin, it simply means that you lose less money in terms of fees. It also allows users to send coins at a faster speed.

 

  • Less prone to hacking attempts

 

Due to the faster speed of transaction, Litecoin is less prone to scams.

 

  • Open-source platform

 

Litecoin is built upon the BTC Core Client. Its flexibility also enables developers to use software security patches regularly.

Technology

Litecoin Crypto Technology

- Faster transaction confirmations (2.5 minutes on average)

- Scrypt-based mining proof-of-work algorithm

- 84 million litecoins

- Higher transaction volume than Bitcoin

- MIT/X11 license

 

Features

Litecoin Crypto Features

Litecoin is an open source software project released under the MIT/X11 license which gives you the power to run, modify, and copy the software and to distribute, at your option, modified copies of the software. The software is released in a transparent process that allows for independent verification of binaries and their corresponding source code.

Miners are currently awarded with 25 new litecoins per block, an amount which gets halved roughly every 4 years (every 840,000 blocks). The Litecoin network is therefore scheduled to produce 84 million litecoins, which is 4 times as many currency units as Bitcoin.

The Litecoin blockchain is capable of handling higher transaction volume than its counterpart - Bitcoin. Due to more frequent block generation, the network supports more transactions without a need to modify the software in the future. As a result, merchants get faster confirmation times, while still having ability to wait for more confirmations when selling bigger ticket items.


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