-
bitcoin $87959.907984 USD
1.34% - ethereum
$2920.497338 USD
3.04% - tether
$0.999775 USD
0.00% - xrp
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8.12% - bnb
$860.243768 USD
0.90% - solana
$138.089498 USD
5.43% - usd-coin
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0.01% - tron
$0.272801 USD
-1.53% - dogecoin
$0.150904 USD
2.96% - cardano
$0.421635 USD
1.97% - hyperliquid
$32.152445 USD
2.23% - bitcoin-cash
$533.301069 USD
-1.94% - chainlink
$12.953417 USD
2.68% - unus-sed-leo
$9.535951 USD
0.73% - zcash
$521.483386 USD
-2.87%
What is LTC coin? What can LTC coins do? How to store LTC coins?
With faster block times and lower transaction fees compared to Bitcoin, Litecoin offers quick and affordable digital currency transactions for everyday use.
Oct 10, 2024 at 08:41 am
Litecoin (LTC) is a decentralized digital currency created by former Google engineer Charlie Lee in October 2011. It is based on the Bitcoin blockchain but with some key differences, such as:
- Faster block times: LTC has a block time of 2.5 minutes, compared to Bitcoin's 10 minutes. This makes LTC transactions faster and more convenient to use.
- Lower transaction fees: LTC transactions typically cost less than Bitcoin transactions, making it more affordable for everyday use.
- Increased supply: LTC has a total supply of 84 million coins, which is four times more than Bitcoin's supply of 21 million coins.
LTC coins can be used to:
- Make payments: LTC can be used to purchase goods and services online and in stores.
- Send and receive money: LTC can be sent and received easily and securely between users.
- Invest: LTC is a volatile asset that can be traded for profit.
LTC coins can be stored in a variety of ways, including:
- Software wallets: Software wallets are digital wallets that can be downloaded and installed on your computer or mobile device.
- Hardware wallets: Hardware wallets are physical devices that store your LTC coins offline.
- Exchanges: Exchanges are online platforms that allow you to buy, sell, and store LTC coins.
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