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What is litecoin?

By January 21, 2022 - 12:54pm

Litecoin (LTC) is a peer-to-peer cryptocurrency that was set up by Charlie Lee (a former Google employee) in 2011. It shares many similarities with bitcoin and is based on bitcoin’s original source code.

Litecoin was designed to be used for cheaper transactions, and to be more efficient for everyday use. In comparison, bitcoin was being used more as a store of value for long-term purposes. The coin limit market cap is much higher on litecoin than bitcoin, and the mining process is far quicker. This means transactions are faster and cheaper, although generally smaller in size.

In order for you to buy litecoin, use online cryptocurrency exchangers. Using the BestChange service, you can choose an exchanger with favorable conditions for you.

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