Cryptocurrencies: 1052
Markets: 4108
USDT Markets: 795
Total Market Cap: 253.9 Bn USDT
24h Volume: 17.1 Bn USDT
BTC Dominance: 68.65%
Select from cryptocurrencies
    Available exchanges
      Night
      Language
      EN English
      Manage
      Filters
      No filters available for this page
      Litecoin

      Litecoin

      Total Supply
      62688412
      Circulating Supply
      62688412
      Max Supply
      84000000

      Litecoin(LTC) price, charts, marketcap

      1 LTC = 89.571842 USDT 1.34%

      About Litecoin

      Litecoin is a peer-to-peer cryptocurrency based on the Bitcoin protocol , the difference between them being the hashing algorithm. Litecoin uses the Scrypt proof of work algorithm that allows consumer-grade hardware to mine the coins, albeit the algorithm is much more memory intensive than Bitcoin’s SHA-256. A few of the benefits that Litecoin has over Bitcoin are faster transactions, as the block generation time is 2.5 minutes over Bitcoin 10 minutes, a bigger block size for handling more transactions and substantially lower fees. Since its inception, Litecoin has earned widespread industry support and consistent trade volume and liquidity over the years.

      Read more about Litecoin

      Read less about Litecoin

      Alert
      Watch
      Total Supply
      62688412
      Circulating Supply
      62688412
      Max Supply
      84000000
      Total Marketcap
      5597448307
      Volume
      364,560.03
      Open
      88.41
      High
      93.09
      Close
      89.57
      Low
      86.25

      Charts

      Litecoin

      Exchange

      Period

      all 1y 6m 3m 1m 7d 1d

      Index

      Chart Type

      CoinExchangeData Loader

      History of Litecoin(LTC)

      Litecoin like all other cryptocurrencies is based on the model of the first actual cryptocurrency, Bitcoin. However, before Bitcoin’s and Litecoin’s time , cryptocurrencies were much more different, relying instead on a centralized power structure rather than the decentralized governance we see today. If it weren’t for the works of cryptographers such as David Chaum, Wei Dai, Nick Szabo and Hal Finney, who established some of the ground concepts for modern cryptocurrencies, Bitcoin, Ethereum and Litecoin would not exist today. However, the most important reason why Litecoin was made possible is thanks to a person or a group of people under the alias Satoshi Nakamoto. He took the concepts that cryptographers before him established and managed to create an actual peer-to-peer electronic money system that couldn’t be counterfeited. If Satoshi Nakamoto didn’t create Bitcoin, it is hard to say if Litecoin or most cryptocurrencies would exist today.

      Litecoin is a cryptocurrency with the symbol LTC and it’s price ticker on our website is 89.57. Its current price is 89.57 and the total change over the past 24 hours is 1.19. Litecoin boasts a volume of 364,560.03 in the past 24 across your selected exchanges.

      Litecoin Characteristics

      Cryptocurrencies like Litecoin use strong cryptographic protocols, or very complex computer code to secure transfers of information, in order to create a safe system that is notoriously difficult to crack. The programmer of digital currencies such as Litecoin base these protocols on complex mathematic and computer engineering fundamentals, creating a structure that makes it impossible to replicate funds for Litecoin and also hides the identities of the parties involved on any transaction on Litecoin network , unless the participants freely disclose their information.

      Litecoin Operates on a Blockchain

      Litecoin, like most cryptocurrencies operates on a blockchain, a new and disruptive technology that offers benefits for storing, securing and transferring information that was not otherwise possible before its inception. The idea of blockchain was first discovered in 1991 by Stuart Haber and W. Scott Stornetta, however it was not until an anonymous person or group under the alias of Satoshi Nakamoto that created the first functional blockchain (Bitcoin’s blockchain) and improved on the ideas of Haber and Scornetta to create a truly functional distributed ledger.

      You can imagine the blockchain that Litecoin is based on as a giant, distributed database where every transaction’s information is recorded and then spread on a massive network of connected nodes or computers. The information for transaction of Litecoin is then multiplied and stored on each individual node, so in order to change it you would have to access he majority of the Litecoin’s nodes at the same time, which has so far proven to be impossible.

      The advantages that Litecoin runs on a blockchain are that it is very cost effective to run, compared to other centralized resources, due to the cost of operating being split amongst all the network participants.

      No one can alter the defining characteristics that govern Litecoin base, unless certain conditions are met and changes are implemented by the developer team or a network wide consensus is reached for the changes to be applied.

      One disadvantage of operating on a blockchain is that generally, transactions with Litecoin are final, meaning that is very unlikely that a transaction can be rolled back if a mistake occurs. Be careful when transacting cryptocurrencies such as Litecoin and make sure you double check all the details of the transaction before submitting it.

      Litecoin also boasts a higher degree of safety, as the mechanisms of the blockchain are incredibly hard to crack

      Litecoin Advantages

      Decentralized Point of Control

      Litecoin (LTC) is defined by a decentralized governance system, which does not rely on a single point of control to manage transactions on the network in the same way a bank would. Because of this Litecoin’s network features a distinct advantage that makes it very difficult to counterfeit or imitate. Another advantage of being decentralized is that any attacks on Litecoin’s network will have to be in multiple places at the same, whereas a bank or any centralized system will have an host of servers in one place.

      Cost Efficient

      Generally speaking, auditing records is a time consuming and expensive process, whereas for Litecoin which stores all its records on the blockchain, this can be done with minimal effort and in a much shorter time.

      Establishing a Digital Identity

      You can create your own identity on the Litecoin blockchain, which can be though of as an account of sorts. Whenever you open an “account” on the Litecoin blockchain, you will be given a private key, which lets you interact with the blockchain, and a public key, which let others identify and interact with you.

      Immutable

      Since all information that is transmitted on the Litecoin blockchain is stored and secured on a wide network of computers or nodes, you can always be sure that the information presented is valid and has not been tampered with.

      Litecoin Supply Details

      Litecoin is distinguished from traditional fiat currencies due to way the supply works for most cryptocurrencies. It cannot be printed like governments do with fiat, due to the maximum supply being 84000000 and this dictated by the base code that the Litecoin network runs on. No more than 84000000 will ever exist unless major changes to the code are applied. Another interesting fact about Litecoin’s supply is there can be two other types of supply aside from the maximum supply. One is the total supply which indicates the amount of coins there are currently in existence. For Litecoin the total supply is 62688412. This is the sum of all Litecoin units that have been mined or created since the network’s creation. . The other one is the circulating supply which for Litecoin is 62688412. This can be different that the total supply due factors such as funds being locked in escrow, coins being locked in masternodes.

      How to Store Litecoin

      There are a few way to store your Litecoins , and they all involve a certain types of both physical and electronic wallets. Regardless of what kind of wallet you will use, in order to access your Litecoin funds you will need to have a private key and a public key. With the private key, you can access your funds and send them to whoever you like, just as long as it is an address that Litecoin is compatible with. Never ever disclose your Litecoin private key or also called private address, as this will give anyone who has it full control over your wallet. The other type of key is the public key or address, which is used for other people to send Litecoin to your wallet, and this one can be freely disclosed but it can be used to identify you if a name is ever associated with your public address.

      Litecoin Paper Wallet

      The only physical and non-electronic way to store your Litecoin is through a paper wallet, and this is possibly the safest way to protect your Litecoins. Simply write the private and public keys of your Litecoin wallet on a sheet of paper, however you will need access to an electronic device should you choose to send or move your Litecoin funds to another address. The risk here is losing or damaging the sheet of paper with your Litecoin public key.

      Litecoin Hardware Wallet

      You can store Litecoin on a device like a Trezor or USB drive. You are able to make online transactions by plugging them into any any net enabled device to send Litecoin to another address. Usually the hardware device that you store your Litecoin on is offline which is a great security advantage. Please conduct proper research before purchasing any hardware wallet to store Litecoin funds on as many are outdated or of poor quality.

      Litecoin Desktop Wallet

      Desktop wallets are a convenient and easy way to store your Litecoin coins. Find a reliable wallet software that support Litecoin install it on your PC and that’s pretty much it. It can be dangerous if any virus infects your PC or if any physical damage comes to it, which can result in the loss of all your Litecoin funds.

      Litecoin Online Wallet

      For online wallets, they operate in the cloud and your private and public keys for your Litecoin funds are stored in the cloud as well. Very handy if you plan to access it from multiple devices but they also put your Litecoin at great risk due to security breaches in the cloud storage which is not that unheard of.

      Litecoin Mobile Wallet

      The most easy-to-use method of storing Litecoin is on a mobile wallet. It is a simple smartphone application where you set up an account and you can use it to send Litecoin by scanning a QR code or even use it to pay in any shops that accept Litecoin. However, your Litecoin funds can be lost if your phone is damaged or if its security is breached.

      Litecoin Summary

      Litecoin’s network can be defined as a payment system, with accounts, transactions and balances. You can store Litecoin on one of the wallet types mentioned above and it will act as your own personal bank account that you are responsible of maintaining and keeping your private keys secure. Litecoin as a cryptocurrency allows you to make secure transactions and you can always check the transaction details by checking the Litecoin public ledger, if applicable. This revolutionary method of being your own bank assured that Litecoin and other cryptocurrencies will play a vital role in the way we conduct transactions and how we define currencies in the future.

      What you can do with Litecoin on CoinExchangeData.

      You can add Litecoin to your watchlist on our platform, in order to keep better track of its price movements. Another handy way to always be up-to-date with any prices changes is to add alerts for Litecoin and you can do so by set up your personalized alerts by creating an account and going to the alerts tab. Charts and price metrics for Litecoin are readily available and we guarantee that the information supplied by CoinExchangeData is as accurate as possible. All the volume and price information regarding Litecoin reflects the same information you can find on exchanges, so it is very easy to find the best exchange to purchase or sell Litecoin on. Our converter lets you find accurate conversion quotes for Litecoin against other cryptocurrencies and most traditional fiat currencies. You can use it to see if exchanging Litecoin for another digital currency can be a more profitable investment or just to check the value of your portfolio.

      Sexual Misconduct Allegations Emerge Against Bitcoin Coder Peter Todd
      Leigh Cuen (17 July 2019, 9:40 pm)

      New court filings have accused former Bitcoin Core contributor Peter Todd of sexual misconduct.

      Overstock Subsidiary and Tokenization Firm tZERO Announces New Management
      Cointelegraph By Max Boddy (17 July 2019, 8:57 pm)

      Overstock Subsidiary and Tokenization Firm tZERO Announces New Management Blockchain and cryptocurrency company tZERO has announced three new executives for issuance, investor relations and communications

      Cryptocurrency Grin Follows Through With Anticipated July 17 Mainnet Hardfork
      Cointelegraph By Max Boddy (17 July 2019, 8:28 pm)

      Cryptocurrency Grin Follows Through With Anticipated July 17 Mainnet Hardfork Grin has completed its first hardfork as scheduled, with the stated aim of continuing to prevent ASIC mining as well as sporting some Grin wallet upgrades

      CNBC: Facebook Has Not Contacted Swiss Regulators On Libra’s Registration
      Cointelegraph By Ana Alexandre (17 July 2019, 8:14 pm)

      CNBC: Facebook Has Not Contacted Swiss Regulators On Libra’s Registration A spokesman for the Swiss Federal Data Protection and Information Commissioner says that Facebook has not contacted it regarding Libra

      Swiss Crypto Broker Bitcoin Suisse Applies for Banking and Securities Licenses
      Daniel Kuhn (17 July 2019, 8:00 pm)

      These anticipatory steps have been taken in face of a "maturing" regulatory environment, as the firm plans to expand its crypto-related financial services.

      Lightning Network’s Antifraud Methods Inferior to Nakamoto Consensus, Research Shows
      Jamie Redman (17 July 2019, 7:58 pm)

      The Lightning Network, the touted scaling solution for the BTC chain, has recently seen its capacity decrease significantly and the beta project is still best suited for a cliche of technically savvy users. Now according to an analysis by Bitmex Research, the Lightning Network’s nodes have taken 2.2 BTC in “justice transactions” even though the […]The post Lightning Network’s Antifraud Methods Inferior to Nakamoto Consensus, Research Shows appeared first on Bitcoin News.

      Grin Cryptocurrency Executes First Hard Fork
      Christine Kim (17 July 2019, 7:00 pm)

      Wednesday's planned system upgrade for the Grin blockchain tweaked a mining algorithm.

      SEC Begins Green-Lighting Token Offerings
      Kevin Helms (17 July 2019, 11:05 am)

      The U.S. Securities and Exchange Commission recently made history when it green-lighted two token offerings under Regulation A+. “This is the first time in U.S. history that a crypto token offering has received SEC qualification,” one of the two qualified issuers proclaims. Also read: G20 Leaders Issue Declaration on Crypto Assets – A Look at […]The post SEC Begins Green-Lighting Token Offerings appeared first on Bitcoin News.

      PR: Liechtenstein Financial Market Authority Approves Tokenized Real Estate Investment Product
      Bitcoin.com PR (17 July 2019, 9:30 am)

      CROWDLITOKEN AG pioneers and starts distribution of a digital bond – European retail investors benefit as wellFor the first time in Europe, the Liechtenstein Financial Market Authority (FMA) has approved the offering prospectus for a tokenised real estate investment product. CROWDLITOKEN AG is thus a pioneer for new financial innovations. The Security Token Offering (STO) is now running in European countries. By using blockchain technology, qualified and retail investors are enabled to invest in first-class real estate in Europe. Also the Swiss Financial Market Supervisory Authority (FINMA) has confirmed that no special regulatory approval is needed to market this new class of digital assets in Switzerland.The post PR: Liechtenstein Financial Market Authority Approves Tokenized Real Estate Investment Product appeared first on Bitcoin News.

      MinerGate Exclusive: Interview with the chat moderator
      MinerGate Mining Pool (26 June 2019, 2:04 pm)

      Recently, we released our very own loyalty token – the MinerGate Token.  It’s the token that we believe will empower all parts of the MinerGate ecosystem and positively engage the community in the project’s life.  A few tokens have already been delivered to the most active users as gratitude for their contribution. As well, there […]The post MinerGate Exclusive: Interview with the chat moderator appeared first on Crypto Mining Blog.

      Welcome MinerGate xFast 1.5
      MinerGate Mining Pool (24 June 2019, 6:18 pm)

      Dear miners, The MinerGate team is working hard to bring you the best mining solutions and user-friendly services. Making MinerGate a multifunctional platform will allow our new users to understand all mining processes faster and benefit from the cutting edge technologies available for our seasoned miners. MinerGate xFast miner is a highly efficient and easily […]The post Welcome MinerGate xFast 1.5 appeared first on Crypto Mining Blog.

      MinerGate DSP Portal. Essential elements of decreasing the cost of developing DApp
      MinerGate Mining Pool (14 June 2019, 10:30 pm)

      For just a year, the EOS system has proved itself to be worthy of being a next-generation blockchain project with industry-leading scalability and transaction speed. Its philosophy and solutions are giving new opportunities to blockchain developers. Lots of dApps – a crucial part of the system – are now built on EOS. The number has […]The post MinerGate DSP Portal. Essential elements of decreasing the cost of developing DApp appeared first on Crypto Mining Blog.

      Select from cryptocurrencies
        Available exchanges