Litecoin (LTC) is a cryptocurrency that uses the unique characteristics of blockchain technology to provide fast, secure, and affordable payments.
Learn more about this effort by visiting our in-depth look at Litecoin.
The cryptocurrency was created using the Bitcoin (BTC) system, but it varies from Bitcoin (BTC) in several ways, including the hard limit, block transaction times, and hashing algorithm. Litecoin is perfect for point-of-sale transactions and microtransactions, with a block period of only 2.5 minutes and extremely low transaction costs.
LTC Price Today
DATE | LTC | USD |
---|---|---|
Today | 01 |
$97.77
|
On October 7, 2011, Litecoin was released as open-source software on GitHub, and the Litecoin Network went live five days later, on October 13, 2011. Since then, it has skyrocketed in fame and merchant adoption, and for the majority of its existence, it has continuously ranked among the top ten cryptocurrencies in terms of market capitalization.
Today’s LTC Price
Litecoin was intended to be a “lite version of Bitcoin” by Charlie Lee, a former Google employee, because it has many of the same characteristics as Bitcoin but is lighter in weight.
The current live price of Litecoin is $89.92 USD, with a 24-hour trading value of $655,981,996 USD. Our LTC to USD conversion rate is constantly updated. Bitcoin has dropped by 5.35% in the last 24 hours. CoinMarketCap is now ranked 13th, with a current market value of $6,510,402,212 USD. It can hold up to 84,000,000 LTC tokens and has a circulating amount of 72,402,315 LTC coins.