Litecoin is a form of digital currency which is created and transferred electronically using encryption.

Like Bitcoin, Litecoin’s transactions are recorded on a public ledger and new coins are created through a process known as “mining.”

The main difference between Bitcoin and Litecoin is that Litecoin is built for speed. This makes it a great choice for quick transactions like payments.

Litecoin was the second most popular cryptocurrency as of 2015 with one coin being worth about $1.50 USD… meanwhile, in late 2017 Litecoin traded between $60 and $95. Oh how times have changed!

Click on any of the sections below to start learning more about Litecoin.


Bittrex

Bittrex is one of the most popular crypto exchanges for trading altcoins in the U.S.. Its complexity can be intimidating, but the learning curve is worth it.




ShapeShift

One can use Shapeshift to change one type of cryptocurrency to another, making it a good choice for one who wants to obtain altcoins.


Kraken

Kraken is a cryptocurrency exchanged based in San Fransisco on which you can use fiat currency and trade many types of cryptocurrency.


Coinbase

Coinbase is one of the more popular and user friendly choices for investors who want to buy/sell Bitcoin, Litecoin, and Ethereum.


What is Litecoin?

Litecoin is very similar to Bitcoin, but has a few key differences as to how transactions are processed. The biggest differences however is the value, despite it being the second highest valued cryptocurrency the per coin value is about 1/200 of a Bitcoin.