What is Litecoin and how does Litecoin work?

Litecoin is a peer-to-peer cryptocurrency that enables instant, near-zero cost payments to anyone in the world. It is an open-source, global payment network that is fully decentralized without any central authorities. Transaction confirmation times are faster in comparison with the Bitcoin. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin.

How Litecoin works

You can send or receive Litecoin with any Litecoin wallet. Also, don’t forget to check the reviews of the wallet service before usage. After you register at the crypto exchange/wallet service, you will get a Litecoin wallet number which you can share with your friends. With the Litecoin wallet, you can pay or receive payments fast and very cheap.

Is Litecoin worth to invest in 2020?

If you would like to find out if is Litecoin a good investment in 2020, read our publication where we shared our opinion:

Where to buy Litecoin

Litecoin can be purchased at any Litecoin online exchange. The most trusted crypto exchanges where you can buy Litecoin, with the card, for example, you can find here.

Litecoin actual price

You can find the actual Litecoin’s price and 24h change in the following table.

Name Price24H (%)
Litecoin (LTC)

Trusted Litecoin exchanges

1,49 %
0,10 %
0,26 %
Payment methods
Bank transfer, Credit and Debit cards, PayPal
Visa, MasterCard, Cryptocurrency
Bank transfer, Cryptocurrency

2 thoughts on “What is Litecoin and how does Litecoin work?”

  1. Pingback: Bitcoin's price falls under $6,000, leading a cryptocurrency market to chaos as global markets are afraid of coronavirus concerns - We Hold Crypto

  2. Pingback: Coronavirus panic - Bitcoin falls under $4,000 - We Hold Crypto

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