LITECOIN

What is Litecoin?

Litecoin is one of the most popular and oldest cryptocurrencies. It is pronounced "Lite"coin not "lit" coin.

Litecoin is a global currency that is not owned or created by the government. This is one of the features that makes litecoin special.

Litecoin was founded by Charlie Lee in 2011, as the “silver to Bitcoin’s gold”,  Litecoin was developed with a variety of different goals in mind. Lee aimed to improve on Bitcoin, which he saw as lacking a few vital features: 

• Faster block propagation – one block every 2.5 minutes instead of a 10-minute target on Bitcoin

• Fixed total money supply – 84 million coins to Bitcoin’s 21 million

• Proof of work / Scrypt mining algorithm instead of SHA 256 – it doesn't compete for mining hash

• King of Scrypt Hash

• Satoshi Nakamoto can't dump it

• It's on every exchange

• Strong community with the Litecoin family

• Added Segwit before Bitcoin in 2017

• Adding MimbleWimble before Bitcoin anticipated 2020-2021

• Most Popular alt on ATMs worldwide

• 100% uptime better than bitcoin

• Atomic swap compatible with Bitcoin network

• Lightning network (first transaction)

• Proven oscillator to bitcoin price, similar to the silver to gold ratio with the LTCBTC ratio

• 4 year halvings, shifted 3 years behind Bitcoin network

• Miami Dolphins Partnership

• Litecoin Smart Contracting with Cardano

• Publicly Traded Grayscale Litecoin Trust. Purchase Litecoin with IRA (Roth, Traditional, 401k) search ticker $LTCN

• Litecoin Visa Debit Card

• LiteBringer Video Game built on top of Litecoin Network

• Litecoin is on PayPal

• Litecoin is on Venmo (coming soon)

• Grayscale is purchasing nearly all of the new litecoin supply

Litecoin Wallet App (LiteWallet)

Litewallet is the first standalone Litecoin Wallet built for iOS & Android with a focus on accessibility, security and simplicity. Developed by the Litecoin Foundation, Litewallet makes getting started with Litecoin easier than ever!

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WHERE TO BUY LITECOIN

There are many places to buy litecoin, one of the top places to purchase is with Voyager. 

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HARDWARE WALLETS

Hardware wallets are secure devices to hold your litecoin

BACKUP RECOVERY WORDS

Crypto-Keys®

When creating a new wallet either software or hardware, it is important to write down and backup the recovery seed phrase. One option is from Crypto-Keys®

HOW TO PAY WITH LITECOIN

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Gemini Pay and SPEDN apps use the existing gift card network to allow you to pay with litecoin

SPEDN

GEMINI

CRYPTO PODCASTs

Hosts Ben Askren and John Kim sit down to educate the masses about Bitcoin, Litecoin, and cryptocurrencies funky style

Anthony Pompliano has the best interviews with bitcoin and litecoin experts.

LITECOIN TO BITCOIN PAIR (LTCBTC)

Litecoin over the last 8+ years has been an oscillator to bitcoin, meaning litecoin price fluctuates from cycle lows to cycle highs. There are great swing trade potentials.

EARN INTEREST ON LITECOIN

Earn interest on Litecoin with BlockFI. 

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The BlockFi lets you put your litecoin to work and earn monthly interest payments in the asset-type that you deposit with BlockFi.

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BlockFi clients using the BIA earn compound interest in crypto, significantly increasing their Litecoin balances over time.

The Litecoin App

The Litecoin App

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Find locations near you that accept Litecoin, ATM machines and Events in your area. Easy way to book Events, and RSVP an Event. Sign up your Business to be on the map, Connect to Social Media and More coming soon.

TOP LITECOIN VIDEOS TO WATCH