Litecoin (LTC) is a digital cryptocurrency created by Charlie Lee in 2011. It is a fork of Bitcoin and is often referred to as "the lightweight version of Bitcoin" or "digital silver." Its original purpose was to serve as a counterpart to Bitcoin.
Compared to Bitcoin, Litecoin offers faster transaction speeds and lower transaction fees, with a block confirmation time of 2.5 minutes. Litecoin has a total supply of 84 million coins.
Litecoin uses a proof-of-work (POW) mechanism to process transactions and maintain the blockchain.It employs the Scrypt algorithm, which allows for mining with consumer-grade hardware, eliminating the need for specialized mining rigs. This accessibility promotes decentralization. Litecoin also supports the MimbleWimble upgrade, enhancing privacy features.
Purchase LTC Process
Buy LTC at market price or set a buying price you desire, with the most popular LTC currency pair, LTC/USDT.
>>Go to Spot TradingYour purchased is now in your wallet.
If you haven't received your cryptocurrency, seek help from Support Center or Online customer service .
LBank: Exploring the Infinite Possibilities of Crypto Assets
Innovative
LBank constantly evolves, implementing cutting-edge technology to enhance user experience, making trading simple with advanced tools and a user-friendly platform.
Integrated
Seamlessly access a wide range of digital assets, trade various cryptocurrencies, and enjoy easy fiat-to-crypto conversion with our comprehensive ecosystem.
Secure & Trusted
Experience peace of mind, knowing LBank prioritizes security with top-notch measures, robust multi-layer protection, and a dedicated insurance fund safeguarding your investments.
Professional
Benefit from our experienced team's dedication to excellence, providing exceptional customer support, comprehensive trading tools, and insightful market analysis for informed decisions.
How to Buy Other Crypto Currencies
Disclaimer
Given the market nature of cryptocurrencies, the price of LTC is subject to high market risks and price fluctuations. We recommend that you understand the operation principles of digital assets and related risks before investing in digital assets. Other factors to consider when formulating a cryptocurrency investment strategy include your own experience level, financial condition, investment goals, and risk tolerance. It is also recommended to consult an independent financial advisor before purchasing cryptocurrency. The information provided is for reference only, and LBank does not guarantee its accuracy.