Litecoin is a peer-to-peer cryptocurrency and open source software project that was created in late 2011 from a soft fork of the Bitcoin blockchain. It’s main differences from Bitcoin include faster transaction confirmations and a variation of the original proof-of-worth algorithm.
Litecoin prices are generally impacted in correlation to Bitcoin’s gains and woes. The LTC cryptocurrency is fast and its fees are economical. This means that where BTC fails, LTC prices rally to new highs as investors make up their lost BTC funds by buying or trading LTC.
Many merchants, vendors and blockchain applications are also starting to introduce Litecoin payment processors. The high demand for Litecoin have also led major cryptocurrency exchanges around the world to list LTC. This not only attracts new users, but also causes the coin’s value to experience an LTC price boost.
Litecoin can be converted from digital currencies on our cryptocurrency conversion service. This means you can buy with ZAR, EUR, NGN, GBP, AUD and many more. Supporting 25 countries, can be bought using the most convenient local payment method; including bank transfers, PayPal, TransferWise, supported fiat deposits, direct deposits and M-Pesa. Credit card payments are coming soon.
Litecoin can be sold for BTC or other cryptocurrencies via the Coindirect conversion service. Litecoin can also be traded in real time against other digital currencies on our cryptocurrency exchange.
Disclaimer: The content on this page should not be taken as financial advice. Never invest what you can’t afford to lose as the cryptocurrency market is volatile. Always research as much as possible before buying any coin.