Litecoin is a peer-to-peer cryptocurrency created by Charlie Lee, a former Google employee, in October 2011. Technically speaking, Litecoin is very identical to Bitcoin but with the only difference in terms of the hashing algorithm used, hard cap, block transaction times and a few other factors. The Litecoin Network aims to process a block every 2.5 minutes, rather than Bitcoin’s 10 minutes. This allows Litecoin to confirm transactions much faster than Bitcoin.
The idea behind the creation of Litecoin was to create a lighter version of Bitcoin. So, if Bitcoin is considered as gold, Litecoin could be referred to as silver.
Litecoin was created to handle more transactions. As more transactions can be processed, Litecoin barely has any perceptible transaction fees and the transaction fees does not depend on the amount transferred. Thus, making payments using Litecoin is better especially because of the low transaction costs and features like durability, portability, fungibility, scarcity and divisibility.
Storing Litecoin in your crypto wallet as an investment strategy or to diversify your long term investments.
Trade LTC in various markets on CoinDCX to make capital gains
Litecoin can be used to make international payments and transfers, purchase goods and services and more.
You can buy LTC using multiple payment options like net banking, UPI, third-party payment channels and more, or even trade it for another cryptocurrency on our platform
Register with your details and confirm your email address and phone number to sign in
Upload your KYC documents and complete your verification process in 15 minutes only
Deposit fiat or cryptocurrency and you can now buy LTC within minutes!
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Buy, Sell and Trade LTC on CoinDCX
Litecoin was created to handle more transactions. As more transactions can be processed, Litecoin barely has any perceptible transaction fees and the transaction fees does not depend on the amount transferred. Thus, making payments using Litecoin is better especially because of the low transaction costs and features like durability, portability, fungibility, scarcity and divisibility.
LINK plays a key role in maintaining and operating the Chainlink network. Smart contracts these days require data from external sources and oracles are the need of the hour. Chainlink has developed itself to become a reliable decentralized oracle that provides information to various protocols ranging from complex smart contracts to various DeFi protocols. Since nodes on Chainlink cannot function without LINK cryptocurrencies, they tend to be of high value in the market.
You can buy LTC using multiple payment options like net banking, UPI, third-party payment channels and more, or even trade it for another cryptocurrency on our platform
Register with your details and confirm your email address and phone number to sign in
Upload your KYC documents to complete the verification process
Deposit fiat or cryptocurrency and you can now buy LTC within minutes!