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Litecoin logo

Litecoin

LTC

72.29

0.00

Market Cap

$5.405699B

24h Volume

$460.089M

Volume/Market Cap (24h)

8.51

Circulating Supply

74.781325M LTC

Total Supply

84M LTC

About Litecoin

What is Litecoin?

Litecoin is a decentralized cryptocurrency that operates on a peer-to-peer network, aiming to facilitate instant and low-cost transactions globally. It boasts faster transaction confirmation times and improved storage efficiency compared to Bitcoin, making it attractive for both everyday transactions and as a speculative asset. Litecoin utilizes a different hashing algorithm called Scrypt, which enables faster block generation times and a more accessible mining process for individual users. Litecoin's pioneering approach and emphasis on community engagement have positioned it as a trailblazer in the cryptocurrency landscape, offering a platform where innovation and user-driven development can thrive, fostering a vibrant ecosystem for digital transactions.

Disclosures

The above content is made available for informational purposes only and should not be relied on as investment, legal, or any other form of advice. dYdX Trading Inc. ("dYdX") does not guarantee the accuracy of the content above, and does not endorse or recommend any particular crypto-asset referenced. dYdX services and products are not available to persons or entities who reside in, are located in, are incorporated in, or have registered offices in the United States or Canada, or Restricted Persons (as defined in the dYdX Terms of Use). All use of dYdX services and products is subject to the Terms of Use and v4 Terms of Use.