Litecoin
LTC
Litecoin Price
47.67$
Last 24hrs
+0.00$ (+%)
About Litecoin
Litecoin functions in an almost identical way to Bitcoin – it is a decentralised digital currency that was designed to revolutionize global online payments. This peer-to-peer cryptocurrency is often described as the “silver to Bitcoin’s gold”, but boasts its own set of unique features that makes it hugely popular to this day with a market capitalization of more than eight billion dollars. The total number of available LTC is capped at 84 million. This helps to keep the price of Litecoin at a standard level.
One of the reasons Litecoin is so appealing is that is is a faster and cheaper alternative to Bitcoin. It features instant and near-zero cost transactions, with a block confirmation time of 2.5 minutes compared to Bitcoin’s 10 minutes. The Litecoin blockchain is also capable of securely supporting more transactions without having to alter or upgrade the software in the future. This means you can initiate low cost secure, borderless payments to anyone, anytime, anywhere and get faster confirmation times even when selling bigger ticket items.
Litecoin remains one of the top cryptocurrencies today, having recorded some impressive growth in terms of value and market capitalization. As of April 2013, people were buying LTC for $4.30, by 2017, it hit a milestone of $372 -- its highest recorded price ever. With substantial and rising industry support, liquidity, and trade volume, Litecoin is set to become a proven medium of commerce.
Founded 2011
Market size 3.26B€
Volume (24h) 254.53M€
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BTC
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ETH
1,691.39$ - Bitcoin Cash
BCH
722.97$ - Litecoin
LTC
47.67$ - XRP
XRP
0.75$
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