Be careful, We don’t have any mobile app or desktop software yet. There were 70.52 million on June 18, 2022, so as of that date, there were roughly 13.48 million left. The most significant difference between Litecoin and Bitcoin is its hashing function. As mentioned earlier, Bitcoin uses SHA-256, which is processed very quickly on the ALUs of graphics processing units.
However, the bear market and Mt. Gox hack caused Litecoin prices to crash in 2014, and prices consolidated within the $2 to $4 range for several years. In November and December of 2017, Litecoin price rallied over 500% to $358.34, on the back of the crypto bull market. Litecoin price hit an all-time high in May 2021, in the latest crypto bull run, which saw it reach $386.45 on May 9, 2021. This means that you are able to leverage your investment by opening positions of larger size than the funds you have to deposit.
Convert Any Other Cryptocurrency from Litecoin
The system will match your order with those already in the order book and complete it at the best market rate. Read more about usd btc converter here. You should be confident that your money won’t disappear and that your personal data will be kept safely. University Learn everything from blockchain fundamentals to crypto trading. Trading API Automate your cryptocurrency trading with reliable and stable API. Mobile App Buy, sell, earn and exchange crypto anywhere and anytime.
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RUST = Solana, Near, Helium, Axie, Iota, Filecoin, The Graph.
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Your browser will redirect to your requested content shortly. It’s free to open an account, and there is no obligation to fund or trade. Our website uses a powerful SSL certificate to secure all your data. Whatever information you provide, it is encrypted and only then sent online. It is important to protect your funds when you are performing any transaction. Indicate the currency to sell in the left dropdown. This is the amount that will be credited to your wallet. Fast, secure and privacy-oriented Litecoin to Bitcoin exchange. Join thousands of traders who make more informed decisions with our premium features. Real-time quotes, advanced visualizations, backtesting, and much more.
Open the ‘create an account’ page on the websiteor in the app that, which you can get in the Google Play Store or the App Store. After that, create a password and add a promotional code if you have one. Do you know that each Zonda user has an individual wallet address for each crypto? Check out CoinMarketCap Alexandria for the latest cryptocurrency news and educational deep dives. You can find others listed on our crypto exchanges page. It’s possible that the 5 year bear market in Litecoin has ended. Now you can send money to the generated address, or just copy the address link and send it to the user from who you are waiting for the funds from. The easiest way to buy crypto on EXMO is the “Simple Trade” option. Just select the desired currency in the “I give” field and indicate the amount and currency which you want to receive. Taker fee is charged when your offer matches already existing one and the transaction is processed immediately.
- The current price direction of Litecoin is increasing because LTC is up 3.91% in the last 30 days.
- Takers are those whose orders are matched to those in the order book.
- Join thousands of traders who make more informed decisions with our premium features.
- The live Litecoin price today is $56.48 USD with a 24-hour trading volume of $448,762,633 USD.
Takers are those whose orders are matched to those in the order book. For LTC-BTC or any other transactions, the fee will also depend on your prior trading volume. The more you’ve traded, the lower the fee you’ll pay. Try CEX.IO to convert Litecoin to BTC easily and quickly. Deal with a reliable exchange that combines high industry standards with a reasonably priced service.
Crypto Conversion Simplified:LTC
Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in oureditorial policy. Since each individual’s situation is unique, a qualified professional should always be consulted before making any financial decisions. Investopedia makes no representations or warranties as to the accuracy or timeliness of the information contained herein. As of the date this article was written, the author does not own Bitcoin or Litecoin.
You can see real-time cryptocurrency price fluctuations there. Look at both the cryptocurrency’s current value and the graph that shows how its value has fluctuated over a specific period. Besides, the chart demonstrates the trading volume of both coins and the past performance of the exchange rate. Changelly’s built-in price calculator helps you easily calculate the cryptocurrency exchange rate. Simply type in the currency and the amount you’d like to convert. The calculator will show you the number of coins, the exchange rate, and the commission. Changelly offers one of the most competitive pricing structures on the market. These features are available on both our mobile application and our website. Another area in which Bitcoin and Litecoin differ significantly is their market capitalization, thetotal dollar market valueof all the created coins. Litecoin has a much smaller market capacity because Bitcoin has a smaller supply and greater demand.
This compensation may impact how and where listings appear. Investopedia does not include all offers available in the marketplace. The Bitcoin network’s average transaction confirmation time is around nine minutes per transaction. However, this can vary widely depending on network traffic. The equivalent figure for Litecoin is roughly two and a half minutes. Both https://www.beaxy.com/market/btc/ Bitcoin and Litecoin are cryptocurrencies that use the proof-of-work consensus mechanism. Kirsten Rohrs Schmitt is an accomplished professional editor, writer, proofreader, and fact-checker. She has expertise in finance, investing, real estate, and world history. Kirsten is also the founder and director of Your Best Edit; find her on LinkedIn and Facebook.
Our price calculator will help you to check the estimated amount of Bitcoin you’ll receive when making the LTC/BTC exchange. Simply enter the required amount in Litecoin, and let our LTC to BTC converter find an approximate rate. Like other decentralized cryptocurrencies, Litecoin is not issued by the government, which has historically been the only entity that the public trusts to issue money. Litecoins are created through a complex network procedure called « mining », which processes a list of Litecoin transactions. The cryptocurrency was created based on the Bitcoin protocol, but it differs in terms of the hashing algorithm used, hard cap, block transaction times and a few other factors. Litecoin has a block time of just 2.5 minutes and extremely low transaction fees, making it suitable for micro-transactions and point-of-sale payments. Our LTC to BTC converter allows our users to swap Litecoin to Bitcoin without registration and limits, at the best exchange rates in the market. All the cryptocurrency exchange fees, which are complex and multi-layered, are included in the amount you can see before proceeding with your swap. Here, you can exchange any coins at the best rate instantly picked across the world’s top crypto exchanges.
The combined strength of the Litecoin mining network prevents double-spends and a range of other attacks, while ensuring the network has 100% uptime. Its main benefit comes from its speed and cost-effectiveness. Litecoin transactions are typically confirmed in just minutes, and transaction fees are nearly negligible. This makes it an attractive alternative to Bitcoin in developing countries, where transaction fees may be the deciding factor on which cryptocurrency to support. Litecoin is a cryptocurrency that was designed to provide fast, secure and low-cost payments by leveraging the unique properties of blockchain technology. Litecoin is the well known cryptocurrency asset, it pairs live price changes almost every second. Such volatility helps traders to generate good profit by using right trading strategies. For example last price change in a pair LTC/BTC was +0.37%. The current 1 LTC to BTC exchange rate, a closing price, and the price fluctuations can also be checked on our in depth chart. To assess the result of a transaction more or less accurately, have a look at our LTC to BTC chart.