Buy Litecoin (LTC): Price, Value & Price History
Buy Litecoin (LTC) – Some invest in real estate stocks, others in cryptocurrencies. Besides the classic Bitcoin or Ethereum, there are now also more modern cryptocurrencies, such as Dash and Litecoin. Especially the latter is characterized by increased transaction speed and low transaction costs. You want to invest in Litecoin? Are you interested in the topic of blockchain and currency trading? You can also find out all the facts and figures – from the history of Litecoin to the current price trend!
Litecoin (LTC): Facts, Figures & Price
So you want to invest in Litecoin? Nothing could be easier! As a digital currency, you can use Litecoin to pay for services and goods. The cryptocurrency is also very popular as an investment and in currency trading. Just like Bitcoin & Co., it is also based on modern blockchain technology.
BitCoin, cryptocurrency & blockchain? What does it mean? Learn more about BitCoin, Cryptocurrency & Block Chain here!
The special thing about Litecoin: The hash algorithm Scrypt allows an increased transaction speed – and that while the integrity of the blockchain is still guaranteed! What does this mean? Quite simple: While the processing time for one block is about 10 minutes for Bitcoin, this takes only 2 minutes and 30 seconds for Litecoin! So the mining of the blocks takes place faster and your transaction is quick and easy.
Here are all the facts and figures about Litecoin (LTC):
- Currency: Litecoin (LTC)
- Inventor: Charlie Lee
- Publication: 2011
- Consensus Algorithm: Proof of Work
- Blockchain Size: 33 GB
Intraday (current daily price during the course)
The current Litecoin price during the day.
Month: 30 days review of LTC
Here you can see the Litecoine rate for the last 30 days.
Year in progress: 12 months
Here you can see the Litecoin rate for the last 12 months.
Total runtime
Here you can see the Litecoin rate for the entire term.
Crypto Alternatives: Bitcoin, Ethereum and Ripple
There are now over 4,500 cryptocurrencies. While that sounds like a large amount, only just under 100 of them achieve a daily trading turnover of $1,000 or more. Other popular crypto alternatives to Litecoin include Bitcoin, Ethereum and Ripple! You can find out more about each cryptocurrency here.
Bitcoin (BTC): pioneer of cryptocurrencies
Bitcoin, or BTC for short, is now not only the best-known cryptocurrency in the world, but is also considered the first cryptocurrency ever. The first digital currency was invented by Satoshi Nakamoto. Who is behind it is still a mystery today. One thing is clear, however: Bitcoin has revolutionized the financial world forever.
Ethereum (ETH): Second generation cryptocurrency
Just like other cryptocurrencies, Ethereum is based on state-of-the-art blockchain technology. Ethereum itself is not a pure cryptocurrency, but can be used for blockchain projects of all kinds. As a decentralized ecosystem, Ethereum is therefore also often used as an open protocol for decentralized applications, such as smart contracts. Ethereum’s own cryptocurrency is called Ether – ETH for short.
Ripple (RXP): Open-source protocol for international payment transactions
With the XRP Coin, Ripple is also considered a digital currency, but compared to other cryptocurrencies, it is not based on the blockchain. Ripple sees itself more as an open-source protocol for a payment network. The goal: to make international payments cheaper, faster and more efficient.
Cryptocurrencies: List
BitCoin, BitCoin Cash, Ethereum, Litecoin, Dash, Ripple, Zcash or Binarcy Coin: they are considered the answer to traditional means of payment. The digitization and decentralization of money makes banks superfluous. Only buyers and sellers are responsible for the control and security of their digital money. You too want to invest in Bitcoin & Co? We have an overview of the most popular cryptocurrencies here.
