We explain how to invest in cryptocurrency for beginners. The first thing you need to decide is if you want to invest directly in cryptocurrency or invest indirectly (for example through a stock).
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.
Sometimes the cryptocurrency market corrects by 25% or more. Dec. 21 – 22, was one such time. From a positive frame, crypto just went on sale for the Holidays.
Charlie Lee (the creator of Litecoin) has sold/donated all of his Litecoin. The idea being this will let him focus on Litecoin development and comment on it freely.
Litecoin (LTC) surged from $100 to $400 from Friday to Tuesday Dec. 12 in terms of USD. In terms of Bitcoin it went from .005 BTC to over .02.
We explain how to give Bitcoin and other cryptocurrencies as a gift (for example, how to give Bitcoin as a Christmas gift or Birthday gift).
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.
A major South Korean cryptocurrency exchange Coinone added Litecoin to its trading platform. The result has been an increase in Litecoin’s price.
SegWit, SegWit2x, and the Lightning Network (LN) are all terms that describe proposed changes to Bitcoin’s blockchain to allow for faster transactions.
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 is a cryptocurrency exchanged based in San Fransisco on which you can use fiat currency and trade many types of cryptocurrency.