Whilst built on the same source code as Bitcoin, there is no shared blockchain history between the two cryptos. Litecoin is similar to Bitcoin in many ways – an open-source payment network, available globally, on a decentralised basis like all cryptocurrencies. Litecoin can be directly exchanged for other cryptocurrencies on the blockchain using the ‘Atomic Swap’.
- That means its price is often highly affected by Bitcoin’s price.
- Bitcoin is worth significantly more, but LTC is generated much faster.
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- Pay using Litecoin through crypto.com when you book your flights through Alternative Airlines.
Top up your TRASTRA account with EUR as it’s the only currency you can process SEPA transfers with. Provide your crypto wallet address and initiate the transaction.
Litecoin price history
There are many benefits to the crypto realm, so pay attention to them. You may learn more about the depositing procedure on our site if you wish to wager on Litecoin. Most crypto platforms will send you an email to validate your email address; all you have to do is open the email and click the link. Unlike Bitcoin, Litecoin has a faster block time and uses a different mining algorithm. As a result, Litecoin is often described as being the silver to Bitcoin’s gold. You’ll now be able to complete your flight payment using Litecoin with Crypto.com.
Benefits of LTC investment include high liquidity and the evidence of over a decade of price appreciation with a fair few blips in between. There are multiple considerations, with prices impacted by market demand. Bitcoin has a maximum supply of 21 million compared to the 84 million LTC cap, which means it’s more liquid, although less valuable than BTC. That said, Litecoin is still one of the most-used tokens available, with a market cap of £6.1 billion and a value per LTC coin today of £86.57, according to Coinbase.
Litecoin (LTC) Price Prediction 2025
Before buying Litecoin with SEPA, make sure it can be performed safely. You can process the transfer with EUR only, and your country should belong to the SEPA zone. You may also have to wait for your transfer completion What is Litecoin for several days if it has been confirmed before a SEPA holiday which may not be a day off in your country. SEPA payments are free to accept if you live in the SEPA zone, which is located in Europe.
What is the history of Litecoin?
Litecoin was built and launched in the later part of 2011, making it one of the earliest cryptocurrencies in existence. Since then, it has grown steadily to become a regular part of many people’s portfolios. For more Litecoin history, visit the history section of this page.
However, next year, in 2024, we expect massive things for the price of Litecoin, including a new all-time high. Yes, Litecoin is expected to be a good investment for the future as it has a clear roadmap and a strong team.