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Litecoin
Litecoin is a type of digital crypto currency, utilizing peer-to-peer transactions, mining and other technological feats into a modern day asset. Use this page to follow news and updates regarding Litecoin, create alerts, follow analysis and opinion and get real time market data.
Investing.com
Currency in
USD
| LTC/USD | · | US Dollar | |
| LTC/BRL | · | Brazil Real | |
| LTC/MXN | · | Mexican Peso | |
| LTC/CAD | · | Canadian Dollar | |
| LTC/AUD | · | Australian Dollar | |
| LTC/PLN | · | Polish Zloty | |
| LTC/RUB | · | Russian Ruble | |
| LTC/SEK | · | Swedish Krona | |
| LTC/TRY | · | Turkish Lira | |
| LTC/GBP | · | British Pound | |
| LTC/EUR | · | Euro | |
| LTC/ZAR | · | South African Rand | |
| LTC/NGN | · | Nigerian Naira | |
| LTC/IDR | · | Indonesian Rupiah | |
| LTC/CNY | · | Chinese Yuan | |
| LTC/HKD | · | Hong Kong Dollar | |
| LTC/MYR | · | Malaysian Ringgit | |
| LTC/VND | · | Vietnamese Dong | |
| LTC/INR | · | Indian Rupee | |
| LTC/JPY | · | Japanese Yen | |
| LTC/SAR | · | Saudi Riyal | |
| LTC/ILS | · | Israeli Shekel |
83.47
-1.52(-1.79%)
Real-time Data·
Day's Range
81.05
85.98
52 wk Range
50.31
146.49
Day's Range
81.0585.98
52 wk Range
50.31146.49
- Bid/Ask
- -
- Vol (24H)
- 379.27M
- Market Cap
- 6.35B
- Day's Range
- 81.05-85.98
- 52 wk Range
- 50.31-146.49
- Max Supply
- LTC84.00M
- Circulating Supply
- LTC75.99M
- Rank
- 20
Type:Currency
Group:Minor
Base:Litecoin
Second:US Dollar
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FAQ
How to mine Litecoin
Litecoin uses specialised mining hardware rigs called application-specific integrated circuits (ASICs) to improve the efficiency of the validation process. Unfortunately, the days of easy mining are long gone. The success of your mining venture largely depends on your mining setup.
Major companies with deep pockets pool resources together to increase their chances of earning block rewards, given the stifling competition in validating transactions on the network.
What is Litecoin?
Litecoin was founded by former Google employee, Charlie Lee, in 2011. The cryptocurrency operates as a “lite version of Bitcoin.” Litecoin is a digital currency that is built to provide fast, secure and low-cost digital payments. Although it has a close affinity with the Bitcoin network, Litecoin uses Scrypt programming and consumes less energy in validating transactions.
Can I buy Litecoin with Cash?
Yes, you can buy Litecoin with your local currency. You can buy Litecoin with cash using a Peer-to-Peer platform like LocalBitcoins. Once you register on the platform, ensure you select the Cash Payment options. This way, the platform will only reveal local merchants that receive cash payments for Litecoin. Alternatively, you can buy Litecoin with cash from a cryptocurrency ATM.
Should I invest in Bitcoin, Litecoin or Ethereum?
Investing in cryptocurrencies has proven to be a lucrative endeavour for many investors. In terms of long-term growth, Bitcoin has provided investors with consistent results. Other cryptocurrencies, like Litecoin and Ethereum, have always mirrored Bitcoin’s price. Ethereum is a unique network due to its facilitation of smart contracts and the adoption of DeFi (decentralized finance) and NFTs (non-fungible tokens).
Which countries use Litecoin?
Litecoin has continued to witness a growing amount of adoption and more merchants are onboarding the digital currency. Litecoin is accepted everywhere cryptocurrencies are allowed for speculative purposes and transactions. However, while El Salvador uses Bitcoin as a legal tender, Litecoin is yet to witness such national-level adoption.
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Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
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