chart
btc
Litecoin
LTC
btc
Dollar
Dollar

What Is Litecoin (LTC)?

Litecoin (LTC) is a cryptocurrency that was designed to provide fast, secure and low-cost payments by leveraging the unique properties of blockchain technology.

The cryptocurrency was created based on the Bitcoin (BTC) protocol, but it differs in terms of the hashing algorithm used, hard cap, block transaction times and a few other factors. Litecoin has a block time of just 2.5 minutes and extremely low transaction fees, making it suitable for micro-transactions and point-of-sale payments.

Litecoin was released via an open-source client on GitHub on Oct. 7, 2011, and the Litecoin Network went live five days later on Oct. 13, 2011. Since then, it has exploded in both usage and acceptance among merchants and has counted among the top ten cryptocurrencies by market capitalization for most of its existence.

The cryptocurrency was created by Charlie Lee, a former Google employee, who intended Litecoin to be a "lite version of Bitcoin," in that it features many of the same properties as Bitcoin—albeit lighter in weight.

btc

Litecoin

LTC
btc

Dollar

USD
Bitcoin Price Today
Price $67.81
Price Change $0.59
icon-up0.87%
24h Low / 24h High $65.91 /
$68.59
Trading Volume $275,707,435.91
Volume / Market Cap 0.05515
Market Cap $4,998,879,427.40

What Is Litecoin (LTC)?

Litecoin (LTC) is a cryptocurrency that was designed to provide fast, secure and low-cost payments by leveraging the unique properties of blockchain technology.

The cryptocurrency was created based on the Bitcoin (BTC) protocol, but it differs in terms of the hashing algorithm used, hard cap, block transaction times and a few other factors. Litecoin has a block time of just 2.5 minutes and extremely low transaction fees, making it suitable for micro-transactions and point-of-sale payments.

Litecoin was released via an open-source client on GitHub on Oct. 7, 2011, and the Litecoin Network went live five days later on Oct. 13, 2011. Since then, it has exploded in both usage and acceptance among merchants and has counted among the top ten cryptocurrencies by market capitalization for most of its existence.

The cryptocurrency was created by Charlie Lee, a former Google employee, who intended Litecoin to be a "lite version of Bitcoin," in that it features many of the same properties as Bitcoin—albeit lighter in weight.

Market

Coinbase market 9.8
Best For

Best for Buying Cryptocurrencies With Your Fiat Money

Operating Countries

US, EU, AS, AF, Australia

Verdict

A Reliable, Well-Know And Respected Cryptocurrency Exchange Platform.

Binance market 9.8
Best For

Best For Beginners Or Advanced Users

Operating Countries

US, EU, AS, AF

Verdict

One Of The Leading Crypto Exchange Platforms In The Industry

Coinmama market 9.8
Best For

Best for Firt-Time Buyers

Operating Countries

US, EU

Verdict

Good Cryptocurrency Broker Exchange