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Litecoin (LTC) Crypto Exchange
Instantly exchange Litecoin at the best LTC exchange rate on ChangeNOW. Free of limits, accounts, and worries. Spend your time and energy on what matters — we’ll handle the rest.
How to Buy Litecoin?
Users can buy LTC on ChangeNOW for one of 450+ cryptocurrencies or for 50+ fiat currencies:
Pick LTC as the “You get” currency above
Choose crypto or fiat to buy LTC with
Enter your Litecoin wallet address
Send your deposit to a one-time address
Receive your exchanged coins in ~5 mins!
How to Sell Litecoin?
Swap Litecoin coins for an asset from our rich crypto selection by following the steps below:
Pick LTC as “You Send” currency above.
Choose the asset you’d like to get for your LTC
Enter the wallet address of the coin you’d like to get
Send your deposit to a one-time address
Receive your exchanged coins in ~5 mins!
What is Litecoin (LTC)
Litecoin is considered to be the first successful altcoin on the crypto market. It was created in 2011 by developer Charlie Lee who is now the managing director of the Litecoin Foundation. The project altered some parts of Bitcoin’s code in order to build a more scalable blockchain network, aiming to process transactions faster. This then led to a number of projects also utilizing altered Bitcoin code for their networks.
As Litecoin emerges from Bitcoin, the core features of enabling cryptocurrency payments remain the same. By introducing a scalable blockchain, Litecoin developers focused on building a peer to peer cryptocurrency payment systems that can be easily accessed by merchants. Litecoin, represented by its ticker symbol LTC, facilitates cryptocurrency payments with low transaction fees. In comparison to Bitcoin, Litecoin handles more transactions per second thereby facilitating a use-case in the financial ecosystem. A different mining algorithm is also used to retrieve new LTC coins which allows new blocks to be added in just 2.5 minutes.
In February 2022, Litecoin launched a Mimblewimble upgrade which was done by integrating the Mimblewimble Extension Block (MWEB), created by David Burkett. Mimblewimble allows users to conceal transaction information, making it anonymous.