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LTC/USD - Litecoin US Dollar

Binance
Currency in
USD
Disclaimer
69.360
+1.050(+1.54%)
Real-time Data
Day's Range
67.48069.650
52 wk Range
57.200114.760
Bid/Ask
69.36 / 69.37
Vol (24H)
263.70M
Market Cap
5.15B
Day's Range
67.48-69.65
52 wk Range
57.2-114.76
Max Supply
LTC84.00M
Circulating Supply
LTC74.24M
Rank
21
Technical
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Sell
Daily
Weekly
Monthly
More
Type:Currency
Group:Minor
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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