Litecoin (LTC)
Loading...
Loading...
About LTC
Litecoin (LTC) is a peer-to-peer cryptocurrency created in 2011 by Charlie Lee as a 'lighter' version of Bitcoin, with faster transaction speeds and lower fees. Often referred to as 'digital silver' compared to Bitcoin's 'digital gold,' Litecoin is widely used for transactions due to its speed and affordability. It operates on a Proof of Work (PoW) consensus mechanism similar to Bitcoin but with a modified algorithm, Scrypt, which enables faster block generation. Litecoin has a capped supply of 84 million coins and is known for its reliability and high liquidity. It’s supported on most exchanges and wallets, making it accessible for trading, payments, and as a hedge against inflation. Our Litecoin Markets page provides live LTC prices, historical data, and market insights to help you stay informed in the dynamic crypto landscape.
Convert Fiat to Litecoin
News
XRP’s Institutional Access Expands With Hashkey Exchange Listing
Hashkey Exchange welcomes XRP, making it more accessible to professional investors, bolstering its position in the digital economy. XRP Joins Hashkey Exchange: A New Era of Professional Investor Access Hashkey Exchange, a licensed crypto trading platform overseen by the Hong…
SEC Backs Down: Binance.US Blasts Back With Full USD Access
Binance.US roars back as the SEC drops its lawsuit, reigniting U.S. crypto access with restored USD services, soaring user activity, and a regulatory tide turning in crypto’s favor. SEC Defeat Marks Binance.US Victory in War Against Regulatory Overreach Crypto exchange…
Caricom Bloc Advances Pilot to Reduce Dollar Dependence
The governors of the Central Banks of Caricom agreed to advance a local currency-based, instant settlement payment platform to reduce their reliance on the U.S. dollar. A pilot has already managed to complete a cross-border transaction between the Bahamas and…
Landmark Crypto Legislation Introduced in Congress—CLARITY Act Ushers in Golden Age
The CLARITY Act unleashes a historic wave of pro-crypto momentum, cementing U.S. leadership in Web3, safeguarding self-custody, and supercharging digital asset innovation with unstoppable force. Landmark CLARITY Act Redefines Crypto in America—Digital Asset Golden Age Ignites The Digital Asset Market…
Cantor Fitzgerald Unveils Gold-Hedged Bitcoin Fund
Cantor Fitzgerald Asset Management is rolling out a bitcoin investment fund that offers uncapped BTC upside with gold-based downside protection. The five-year fund combines digital asset exposure with a traditional safe-haven twist. Wall Street Giant Launches Bitcoin Fund Backed by…
Frequently Asked Questions about Litecoin
What is Litecoin (LTC)?
Litecoin (LTC) is a decentralized cryptocurrency created in 2011, designed for fast, low-fee transactions. Known as 'digital silver,' it is often seen as a complement to Bitcoin for everyday transactions.
How does Litecoin work?
Litecoin uses a Proof of Work (PoW) consensus similar to Bitcoin, but with the Scrypt hashing algorithm, which allows for faster block generation and quicker transaction confirmation times.
What makes Litecoin unique?
Litecoin’s use of the Scrypt algorithm and faster block times make it efficient for transactions, with lower fees and faster speeds compared to Bitcoin. This has made it a popular choice for payments and transfers.
Where can I buy and trade Litecoin?
Litecoin is available on most major crypto exchanges, as well as our Litecoin Markets page, where you can view real-time LTC prices, historical charts, and market insights.
What are the benefits of using Litecoin?
Litecoin provides fast, low-cost transactions ideal for everyday payments and remittances. Its decentralized nature offers financial freedom without intermediaries, with broad accessibility across exchanges and wallets.
How can I store my Litecoin securely?
For secure storage, consider using hardware wallets like Ledger and Trezor, or reputable software wallets such as Exodus. LTC is supported by most multichain wallets.
What is the difference between Bitcoin and Litecoin?
While both are decentralized digital currencies, Litecoin processes transactions faster and has lower fees, making it suited for daily transactions. Its capped supply is also higher, with 84 million LTC compared to Bitcoin’s 21 million.
Is Litecoin a good investment?
Litecoin is valued for its transaction efficiency and stability over time. Although volatile, LTC is widely seen as a reliable alternative to Bitcoin for investors seeking a fast, affordable cryptocurrency.