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Litecoin (LTC) Explained

What is Litecoin?

Litecoin is a decentralized Proof-of-Work network anchored on Bitcoin code. It was created by Charlie Leeā€”the former Director at Coinbase. The network aims to be a medium of exchange without expressly competing with Bitcoin. Instead, according to creators, Litecoin supplements Bitcoin and is its experimental network. Litecoin is one of the most valuable Proof-of-Work networks distinguished with better scalability and relatively low trading fees. 


Why Trade LTC?

Litecoin complements Bitcoin, acting as a transactional layer with relatively low trading fees and high scalability. Almost all cryptocurrency exchanges list the coin. On CryptoAltum, a reputable exchange launched in 2019, Litecoin is paired with BTC, USDT, and other currencies. Its global users can also trade Litecoin with zero commissions and high leverage of up to 100X from the MT5 trading platform.


Risk Disclosure: Trading cryptocurrencies or any other financial instrument involves a significant level of risk and may result in a total loss of your investment. You should consider carefully whether investing in Bitcoin or any other instrument offered by CryptoAltum is appropriate to your financial situation. CryptoAltum only accepts deposits in Cryptocurrencies. By trading with CryptoAltum you acknowledge your understanding of this risk disclosure and your agreement with the Terms and Conditions.

This website is not directed at any jurisdiction and is not intended for any use that would be contrary to local law or regulation.

CryptoAltum does not accept any clients under the age of 18. 
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