https://www.beaxy.com/, represented by its ticker symbol LTC, facilitates cryptocurrency payments with low transaction fees. In comparison to Bitcoin, Litecoin handles more transactions per second thereby facilitating a use-case in the financial ecosystem. A different mining algorithm is also used to retrieve new LTC coins which allows new blocks to be added in just 2.5 minutes.

Just like other currencies of the same concept, operations are not controlled by any central authority. However, users quickly uncovered some of Bitcoin’s drawbacks, which needed to be addressed. The founder is Charlie Lee, who is a former Google engineer. Charlie Lee’s main idea was to develop a ‘Light version of Bitcoin’, which would work much faster and with a minimum fee. The blockchain has a limited total supply of 84,000,000 LTC.

What is an LTC Wallet

Please ensure you understand how this product works and whether you can afford to take the high risk of losing money. Litecoin development pioneers technologies including Lightning for instant global settlement of funds and Atomic Swaps for cross blockchain trustless trading. The Litecoin blockchain is the largest global scrypt based network, operating with 100% uptime since 2011 securing and tracasting billions of dollars of value. Easily purchase Litecoin with your credit/debit card, $50-$20,000. This service is provided by our partners at Simplex.Terms of Use.Need an address?

A normal process starts with creating an account on a crypto platform that supports LTC trading and then depositing funds into your account. As soon as the funds have been transferred into your account, you can then place an order to buy litecoin with debit card instantly. CEX.IO mobile app which allows you to sell crypto for fiat and receive funds on your credit or debit card within a few minutes. StormGain offers safe and useful instruments for instantaneous crypto conversion. Select the LTC and USDT wallets and enter the amount that you would like to exchange.

A Simple Way To Exchange Litecoin Here At SwapSpace

exchange litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin. Litecoin was born as a Bitcoin hard fork that resolves some of the Bitcoin issues, such as scalability and high fees. To achieve this, Charlee Lee took the Core code of the Bitcoin protocol and introduced certain improvements. He decreased the block mining time to 2.5 minutes , and used another hashing algorithm called ‘S-crypt’ that brings new requirements to miners.

We are glad to announce that we have brought all the fantastic features of our desktop portal on YouHodler Litecoin Exchange App, available both for smartphones and tablets. Check out BTC CoinMarketCap Alexandria for the latest cryptocurrency news and educational deep dives. Litecoin uses Scrypt cryptographic algorithm in its Proof-of-Work protocol instead of SHA-256, which is utilized by Bitcoin.

LTC Price Statistics

StormGain doesn’t charge commission for using the platform and maintaining the account. The process of registration on our platform is very easy and won’t take more than a couple of minutes. You only need an email address and a phone number to do this. In order to pass registration, click ‘create an account’ – you can do it on our website or in the app.

So if you bought $10 per point to open, then you’d sell $10 per point to close. If you sold five LTC CFDs to open, you’d buy five LTC CFDs to close. Before you open your first position, you’ll want to make sure that you are up to date with all the latest litecoin developments.

Swapzone is an instant non-custodial cryptocurrency exchange aggregator. Litecoin represents a Bitcoin fork that features faster block creation speed, lower transaction fees, and increased total supply. The project was founded in 2011 by Charlie Lee, a real and active person, unlike Bitcoin’s Satoshi Nakamoto. The Litecoin project became one of the leading cryptocurrencies on the market. At the time of writing, the Litecoin market capitalization takes 7th place in the world.

• A simple way to manage and track your cryptocurrency portfolio.
• Users can convert their crypto token to USD by finding an exchange that deals both currencies and selling your crypto currency.
• IG International Limited is licensed to conduct investment business and digital asset business by the Bermuda Monetary Authority.
• Pay for products, send funds, and make bets with friends — all while knowing your funds are safe.
• Keep in mind that even though Litecoin is not considered a legal tender by governments and central banks, it still holds value.
• Compared to its predecessor, LTC allows much faster transactions thanks to the speed of generation of the blocks that make up the blockchain.

Swapzone supports over a thousand cryptocurrencies and trading pairs. Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their own finances.

Who Are the Founders of Litecoin?

Get any of the 400+ exchange litecoined cryptocurrencies in mere minutes with just a few clicks and at the best rates on the market. Instantly exchange Litecoin at the best LTC exchange rate on ChangeNOW. Spend your time and energy on what matters — we’ll handle the rest. A user only pays the exchange fee charged on the blockchain. New to our service or would like to get some tips on how to make your Litecoin to Bitcoin swap? Take your time and watch our 1 minute step-by-step video-guide.

• Bitcoin was created as the first decentralized digital currency with the purpose of paying for goods and services.
• It operates a decentralized payment system, with all transactions recorded on a public ledger.
• We have many different crypto-to-fiat pairs, including USD , EUR , GBP , JPY , GBP , RUB , KWD , DKK , PLN , KRW and SEK .
• BTC is the base currency, while LTC is the quote currency.

Litecoin is a cryptocurrency that is based on Bitcoin source code. BTC is called “digital gold”, and Litecoin, in turn, received the designation “digital silver”. The coin was conceived as an alternative to the overloaded and slow Bitcoin network. The best way to buy or sell Litecoin is to use an instant cryptocurrency platform. Changelly provides more than 400 cryptocurrencies that you can convert to Litecoin at the best prices on the market. Cryptocurrencies continue to gain momentum around the world, and at the start of 2021, there are more than 4,000 cryptocurrencies in existence.

Mimblewimble allows users to conceal transaction information, making it anonymous. Today’s exchange rate on the Swapzone Litecoin to Bitcoin converter for 1 Litecoin in Bitcoin is , without changes of 0% in the last 24 hours. The LTC vs BTC chart compares the exchange rate of Litecoin to Bitcoin and a table of cost dynamics as a percentage for the day, week, month, and year. Exodus users are responsible for storing their own recovery phrase. If the recovery phrase is lost, the user might not be able to retrieve their private keys. Your data remains private – no account setup or verification required.

Select the crypto pair you’d like to exchange from 400+ available currencies. If you’re on a shared network, like the one at your workplace, ask your network administrator to run a scan across the network to weed out any infections. Completing the CAPTCHA proves to us that you’re a human and gives you access to our platform.

You might also want to consider running some technical analysis on litecoin. The charts in the IG Trading platform come equipped with a range of indicators to help you identify trends, and plan your first trade accordingly. Opening an IG trading account takes a few minutes, and you can chat to one of our dedicated experts 24 hours a day if you have any problems. Once your account is open, there’s no obligation to fund or trade.

Yes, it is safe to buy LTC on a crypto trading platform if you utilise a trustworthy exchange. However, if you utilise a crypto trading platform that is not creditable or well known, then your funds could be at risk. As a result, we have taken all required steps to secure user personal and financial information.

The live Litecoin price today is $90.41 USD with a 24-hour trading volume of $382,662,903 USD. The current CoinMarketCap ranking is #13, with a live market cap of $6,547,276,482 USD. It has a circulating supply of 72,416,602 LTC coins and a max. Swapzone provides users with real-time data about exchange rates and exchange rate times across different service providers. These features enhance the feasibility and usability of the platform. To exchange LTC to BTC, go to Swapzone.io, choose the LTC to BTC pair, and review available exchange rates.

To learn more about this project, check out our deep dive of Litecoin. Change the wallet network in the MetaMask Application to add this contract. Needs to review the security of your connection before proceeding. SwapSpace project aims to provide a full spectrum of information for the exchange options.