Litecoin Price for today is $78.365. Its current circulating supply is LTC 61,466,133.59 with a market cap of $4,816,808,890.67.
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Litecoin (LTC) needs no introduction. However, we must say that it is a peer-to-peer online currency that сonducts almost zero-cost payments all over the world. Litecoin is an open-sourced global payment network that is completely decentralized and is not controlled by any central government. It is a common knowledge that Litecoin is based on the same open-source code as Bitcoin but bears some technological differences. Litecoin was created not to replace Bitcoin but rather to become an additional medium of conduct smaller payments. Litecoin exchange platforms are an essential part of its existуnce.
ChangeNOW is glad to provide our customers with the best Litecoin exchange services out there. Our platform does not require you to set up an account. Litecoin exchange rates that we offer are one of the most profitable on the market (and it is true for all the exchange pairs, no matter if you want LTC to XRP exchange or exchange Litecoin to Bitcoin). You can check it yourself even without conducting an exchange with the help of our Litecoin exchange rate calculator that will show you an estimated exchange result.
ChangeNow is happy to present its blog where we share various articles on how to conduct Litecoin news and price predictions (those are more suitable for experienced traders). We also make some detailed tutorials on how to exchange Litecoin to Bitcoin (but you can obviously use them to learn how to make a DOGE LTC exchange or XMR to LTC exchange).
One of the many advantages of open source projects, including Litecoin, is that anyone can use the source code to add the options they need. The cost of each cryptocurrency is determined by the community of users of the system who, by mutual agreement, use this currency. Litecoin network developer Charlie Lee decided to improve the Bitcoin system to create a steady community that will support the coin. The main task of Litecoin was to reduce the time required to confirm a new transaction, as well as to change the previous mining algorithm so that all members of the community could participate in the mining.
The developers managed to create a truly well structured and improved blockchain. Now, it takes only 2,5 minutes in Litecoin network while 10 is needed in that of Bitcoin. That means that due to the speed of transaction confirmation in Litecoin, more operations can be performed and it makes it more convenient for quick payments.
If you are interested in learning more about LTC you can check out our article What is Litecoin!