How to Trade Cryptocurrency – For Beginners
We explain how to trade cryptocurrency for beginners. To start trading cryptocurrency you need to choose a cryptocurrency wallet and an exchange to trade on.
Litecoin (LTC)
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.
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.
Beginners Guide to Mining (Litecoin on a Mac)
Learn everything you need to know about mining Litecoin in 30 minutes or less.