-
Bitcoin $94,873.9084
0.51% - Ethereum
$1,823.9995
0.80% - Tether USDt
$1.0000
-0.02% - XRP
$2.1410
-0.68% - BNB
$598.4937
2.11% - Solana
$147.1023
2.20% - USDC
$1.0000
0.00% - Dogecoin
$0.1711
0.18% - TRON
$0.2486
0.86% - Cardano
$0.6652
-1.53% - Sui
$3.4394
5.60% - Chainlink
$13.6901
-1.35% - Avalanche
$19.7402
-0.48% - Stellar
$0.2594
-2.50% - UNUS SED LEO
$8.6827
-4.28% - Shiba Inu
$0.0...01274
0.83% - Toncoin
$2.9666
-1.69% - Hedera
$0.1738
-1.59% - Bitcoin Cash
$354.0456
-0.64% - Hyperliquid
$20.3829
2.75% - Litecoin
$83.8543
-1.54% - Polkadot
$3.9298
0.38% - Dai
$1.0000
0.00% - Monero
$277.0562
-0.80% - Bitget Token
$4.3018
-0.43% - Ethena USDe
$1.0004
-0.01% - Pi
$0.5881
-0.39% - Pepe
$0.0...07957
-1.35% - Bittensor
$374.8425
9.82% - Uniswap
$4.9916
-0.03%
What is Litecoin? Litecoin online trading platform, total volume and detailed introduction
Litecoin, created as a "lite" version of Bitcoin, provides faster transactions and lower fees due to its shorter block time and Proof-of-Work consensus mechanism.
Oct 13, 2024 at 10:47 am
What is Litecoin?
Litecoin (LTC) is a decentralized, peer-to-peer cryptocurrency that enables instant, near-zero cost payments to anyone anywhere in the world. It was created in 2011 by Charlie Lee, a former Google engineer, as a "lite" version of Bitcoin, aiming to provide faster transaction speeds and lower fees.
Key Features of Litecoin:
- Faster Transactions: Litecoin has a shorter block time of 2.5 minutes compared to Bitcoin's 10 minutes, resulting in faster transactions.
- Lower Fees: Transaction fees on Litecoin are generally lower than those on Bitcoin due to its higher block production rate.
- Proof-of-Work: Litecoin uses the Proof-of-Work (PoW) consensus mechanism for mining new blocks, similar to Bitcoin.
- Halving Schedule: Litecoin has a halving schedule like Bitcoin, with the block reward reduced by half every 840,000 blocks (approximately every four years).
Online Litecoin Trading Platforms:
1. Coinbase:
- User-friendly interface and high liquidity.
- Supports Litecoin and other major cryptocurrencies.
- Charges low trading fees and provides secure storage options.
2. Binance:
- Extensive selection of cryptocurrencies and trading pairs.
- Offers advanced trading features for experienced traders.
- Charges competitive trading fees and supports various payment methods.
3. Kraken:
- Trusted and established platform with a focus on security.
- Features advanced order types and margin trading options.
- Charges relatively low trading fees and provides OTC services.
4. FTX.US:
- For US-based users, offers a variety of cryptocurrencies and derivatives.
- Provides zero-fee trading on its spot market (up to certain limits).
- Features advanced trading tools and educational resources.
Total Volume of Litecoin:
As of February 2023, Litecoin's total supply is approximately 70 million LTC, with a market capitalization of over $6 billion. Its daily trading volume typically ranges between $200 million to $500 million.
Conclusion:
Litecoin is a popular cryptocurrency known for its fast and cost-efficient transactions. It has gained significant adoption from businesses and individuals worldwide and is traded on a variety of reputable online platforms. With its faster block times and reduced fees, Litecoin remains a viable alternative to Bitcoin for users seeking a more efficient and affordable digital currency.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
- Christian Thompson, Managing Director of the Sui Foundation, stated that bipartisan U.S. stablecoin legislation will be a powerful mechanism for driving capital formation and retail onboarding into Web3 ecosystems.
- 2025-05-06 00:20:12
- Robert Kiyosaki Warns of the Biggest Market Crash in History and Urges Investment in Bitcoin.
- 2025-05-06 00:20:12
- Toronto, ON – May 5 2025 @ 9 AM ET – ETHToronto and ETHWomen to Commemorate the 10-Year Anniversary of Ethereum
- 2025-05-06 00:15:12
- Bonk (BONK), the largest Solana-based dog-themed meme coin, is the third-fastest-growing crypto today
- 2025-05-06 00:15:12
- TAO Price Prepares for a Supply Shock — What Happens When the Bittensor Halvening Hits?
- 2025-05-06 00:10:11
- Cardano (ADA) Closing the Market Cap Gap With Dogecoin (DOGE)
- 2025-05-06 00:10:11
Related knowledge
BSV transaction fees suddenly increased? How to adjust the handling fee to save costs?
May 02,2025 at 06:42am
Understanding BSV Transaction FeesBSV (Bitcoin SV) aims to fulfill the original vision of Bitcoin as a peer-to-peer electronic cash system. One of the key elements in this system is the transaction fee, which compensates miners for including transactions in the blockchain. Recently, users have noticed a sudden increase in BSV transaction fees, which can...
Does BSV transaction require real-name authentication? Is anonymous trading feasible?
May 03,2025 at 03:14pm
The question of whether BSV (Bitcoin SV) transactions require real-name authentication and whether anonymous trading is feasible is a complex one, deeply intertwined with the broader dynamics of cryptocurrency regulations and blockchain technology. Let's delve into these aspects to provide a comprehensive understanding. Understanding BSV and Its Transac...
How to solve the high slippage of BSV transactions? How to choose between limit and market orders?
May 02,2025 at 09:01pm
High slippage can be a significant concern for traders dealing with Bitcoin SV (BSV) transactions. Slippage refers to the difference between the expected price of a trade and the price at which the trade is actually executed. This can occur in fast-moving markets or when there is low liquidity. To address this issue, understanding the mechanics of slipp...
What if BSV transactions are frozen? How to contact customer service to unblock the account?
May 05,2025 at 05:01am
When dealing with Bitcoin SV (BSV) transactions, encountering issues such as frozen transactions can be a stressful experience. This article will guide you through the process of understanding why BSV transactions might be frozen and how to contact customer service to unblock your account. We will cover the reasons behind frozen transactions, steps to t...
What if BSV node synchronization is slow? How to optimize local wallet performance?
May 03,2025 at 04:35pm
When dealing with BSV (Bitcoin SV) node synchronization and optimizing local wallet performance, it's crucial to understand the underlying issues and implement effective solutions. Slow synchronization and poor wallet performance can significantly hinder your experience with the BSV network. This article will delve into the reasons behind slow BSV node ...
How to check BSV transaction records? How to use the blockchain browser?
May 03,2025 at 06:50am
Checking BSV (Bitcoin SV) transaction records and using a blockchain browser are essential skills for anyone involved in the cryptocurrency space. These tools allow you to verify transactions, check wallet balances, and understand the flow of funds on the blockchain. This article will guide you through the process of checking BSV transaction records and...
BSV transaction fees suddenly increased? How to adjust the handling fee to save costs?
May 02,2025 at 06:42am
Understanding BSV Transaction FeesBSV (Bitcoin SV) aims to fulfill the original vision of Bitcoin as a peer-to-peer electronic cash system. One of the key elements in this system is the transaction fee, which compensates miners for including transactions in the blockchain. Recently, users have noticed a sudden increase in BSV transaction fees, which can...
Does BSV transaction require real-name authentication? Is anonymous trading feasible?
May 03,2025 at 03:14pm
The question of whether BSV (Bitcoin SV) transactions require real-name authentication and whether anonymous trading is feasible is a complex one, deeply intertwined with the broader dynamics of cryptocurrency regulations and blockchain technology. Let's delve into these aspects to provide a comprehensive understanding. Understanding BSV and Its Transac...
How to solve the high slippage of BSV transactions? How to choose between limit and market orders?
May 02,2025 at 09:01pm
High slippage can be a significant concern for traders dealing with Bitcoin SV (BSV) transactions. Slippage refers to the difference between the expected price of a trade and the price at which the trade is actually executed. This can occur in fast-moving markets or when there is low liquidity. To address this issue, understanding the mechanics of slipp...
What if BSV transactions are frozen? How to contact customer service to unblock the account?
May 05,2025 at 05:01am
When dealing with Bitcoin SV (BSV) transactions, encountering issues such as frozen transactions can be a stressful experience. This article will guide you through the process of understanding why BSV transactions might be frozen and how to contact customer service to unblock your account. We will cover the reasons behind frozen transactions, steps to t...
What if BSV node synchronization is slow? How to optimize local wallet performance?
May 03,2025 at 04:35pm
When dealing with BSV (Bitcoin SV) node synchronization and optimizing local wallet performance, it's crucial to understand the underlying issues and implement effective solutions. Slow synchronization and poor wallet performance can significantly hinder your experience with the BSV network. This article will delve into the reasons behind slow BSV node ...
How to check BSV transaction records? How to use the blockchain browser?
May 03,2025 at 06:50am
Checking BSV (Bitcoin SV) transaction records and using a blockchain browser are essential skills for anyone involved in the cryptocurrency space. These tools allow you to verify transactions, check wallet balances, and understand the flow of funds on the blockchain. This article will guide you through the process of checking BSV transaction records and...
See all articles
