Litecoin price
Litecoin market info
Market cap = Circulating supply × Last price
LTC calculator
Litecoin price performance in USD
Popular Litecoin conversions
LTC to USD | $105.93 |
LTC to PHP | ₱6,204.27 |
LTC to EUR | €101.85 |
LTC to IDR | Rp 1,717,134 |
LTC to GBP | £84.5495 |
LTC to CAD | $152.35 |
LTC to AED | AED 389.08 |
LTC to VND | ₫2,696,106 |
About Litecoin (LTC)
Latest news about Litecoin (LTC)
Learn more about Litecoin (LTC)
LTC FAQ
Litecoin uses the Proof of Work consensus mechanism, where miners solve a complex mathematical problem to win the chance to verify transactions and create a block. These miners receive mining rewards for their efforts. During each halving, the mining rewards are reduced by 50 percent to slow the creation of new tokens. For example, after the second halving in August 2019, the mining rewards were reduced to 12.5 LTC from 25 LTC.
Easily buy LTC tokens on the OKX cryptocurrency platform. Available trading pairs in the OKX spot trading terminal include LTC/USDT, LTC/USDC, LTC/ETH and LTC/BTC.
You can also buy LTC with over 99 fiat currencies by selecting the "Express buy" option. Other popular crypto tokens, such as Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC), are also available.
Additionally, you can swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for LTC with zero fees and no price slippage by using OKX Convert.
To view the estimated real-time conversion prices between fiat currencies, such as the USD, EUR, GBP, and others, into LTC, visit the OKX Crypto Converter Calculator. OKX's high-liquidity crypto exchange ensures the best prices for your crypto purchases.
Litecoin was developed from a fork in the Bitcoin network and, therefore, uses Bitcoin's source code. However, Litecoin differs from Bitcoin in several ways, including transaction processing speed, fees, and privacy. Litecoin can process 54 transactions per second compared to five transactions processed per second on the Bitcoin network. Because of the speed of transactions, each new block on the Litecoin network is generated in about 2 minutes and 20 seconds, compared to 10 minutes on Bitcoin. Transaction fees on Litecoin are also comparatively lower than Bitcoin. Additionally, after the MimbleWimble upgrade, Litecoin offers greater privacy and scalability than Bitcoin.