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Litecoin (LTC)

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€ 73,55

-1,38 % € -1,01
24h 1w 1m 1y All

Litecoin Price in Euros

(LTC to EUR)

€ 73,55

Litecoin Volume

(24h)

€ 310.75 M

Market Cap

(Litecoin)

€5.6 B
BTC

What is Litecoin

Litecoin is a cryptocurrency based on the Bitcoin protocol, and was intended to be the 'light version of Bitcoin'. The biggest difference, however, is the hashing algorithm, transaction time and transaction costs.

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How does Litecoin work?

Litecoin uses the memory intensive Scrypt proof of work consensus algorithm. This makes mining especially accessible to miners who want to mine via CPUs and GPUs.

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How to buy Litecoin?

Do you want to buy Litecoin with creditcard, or another payment option? This is possible easily and quickly at a crypto exchange such as Coinmerce.

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How to buy Litecoin?

You want to buy Litecoin? You can buy Litecoin using Creditcard or SEPA at Coinmerce. Once you are logged in, you will see "Coins" in the top menu where you click on. Now you come to a page with all crypto coins that Coinmerce offers. If you don't see Litecoin, use the search function to search for Litecoin and click on the name. You can indicate for how many euros you want to buy Litecoin in the right window. Below is shown how much Litecoin you get for this. Have you entered the correct amount? Then click on "Buy". You can also execute a "Trigger order" at Coinmerce. Our system will automatically buy Litecoin when the price of Litecoin reaches your entered value. You can also execute a repeating order. Do you want to buy Litecoin with another cryptocurrency? Then you go to the cryptocurrency you want to pay with and click on "Swap" in the right window to indicate that you want to receive Litecoin. How to buy Bitcoin using Coinmerce.

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About Litecoin

Litecoin is a cryptocurrency that was invented in 2011 by Charlie Lee, an ex-Google employee. He created Litecoin on the Bitcoin protocol and was therefore intended as the light-version of the current Bitcoin with which mainly smaller transactions could be carried out. In particular, this version should be able to validate transactions faster so that people would use the blockchain for small transactions. The transaction costs are a lot lower than those of Bitcoin. Litecoin therefore focuses on a completely different target group, so it does not compete with Bitcoin. The transactions are added to the Litecoin blockchain. The blockchain uses the Proof-of-Work consensus algorithm, where the miner uses his computing power to add the blocks to the blockchain. Litecoin uses cryptographic calculations to secure the network and payments. In addition, the network of this blockchain is also a lot more scalable compared to other cryptocurrencies.

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Founder Charlie Lee
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Founder
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Founder
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Founded 2017
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Industry Payments
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Website Website
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Network Litecoin
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Location United States of America
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Rank 21
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Market Cap 5.6 B
euro
Trading volume 310.75 M
euro
Maximum coins 84 M
euro
Circulating 76.05 M
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