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.


Coinbase

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



List of Cryptocurrencies

Below is a list of important cryptocurrencies and additional resources you can use to learn more about all the different cryptocurrency types.


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.